Business Brokers are at the forefront of the small business transaction market. GCF was founded on the idea that business intermediaries are in a better position by using a qualified independent business valuation to help set a fair market price. A qualified independent business valuation allows you to:
- Set business value expectations for your client before going to market
- Provide credibility with an independent valuation firm as your partner
- Close the “negotiation window” of value (higher v. lower) with prospective buyers
- Prepare your qualified buyers for the SBA lending process
While a business valuation does not guarantee you will sell 100% of your listings, you are more likely to do so leveraging this critical tool.
GCF offers the following business valuation services to Business Brokers:
Calculation of Value:
This report was designed specifically for our business intermediary clients to assist them in listing their client’s business for sale. This report provides an indication of value based upon a limited amount of information in order to keep the fee down for small business owners. Calculation of Value reports do not adhere to the Uniform Standards of Professional Appraisal Practice (USPAP), but do allow for “adequate and reasonable” care for our clients.
Turnaround Time: 7-10 business days to the preliminary draft phase
Complete Appraisal Summary:
Also called a “Summary Report”, this abbreviated report is the minimum level of reporting embraced by the Institute of Business Appraisers (IBA) – BV Standards, and meets USPAP requirements. The report contains, at minimum, a summary of the material factors that lead to the conclusion and is usually intended to reduce the normal appraisal burden (time and cost) of writing a comprehensive/self-contained report. This report should be considered for those brokers who are representing businesses with more than $1MM in cash flow and/or those transactions involving the sale of less than 100% of the company.
Turnaround Time: 4-6 weeks to the preliminary draft phase