Request a Professional Business Valuation
Why Valuations Matter
As a business owner, knowing your business’ market value is important when you sell your business, but that’s not the only reason it matters. For example, if you’re shopping around for life insurance policies, are doing estate planning with your financial advisor or are interested in obtaining a loan you’ll need to know your net worth—and as a business owner, the value of your company will be a big part of it.
At Viking Mergers & Acquisitions, we’ve developed a proprietary approach to business valuation. When performing a business valuation we:
Our representative, Kevin Carlisle of Viking Mergers was very professional, helpful and great to work with throughout the process of…
Acquiring a business for many is a big undertaking full of emotion and risk. As most business brokers represent the…
In the beginning of 2019, my business coach introduced me to Jay Offerdahl at Viking. We did a call and he suggested for me to get my business evaluated to see how it was performing. He offered to do one for free. He was easy to work with and provided tons of great information free. He didn’t try to push his services on me or trying to sell me anything. Later in the year I decided that I wanted to sell my business to be able to spend more time with my kids while they were still young. I instantly thought of Jay because was a great trusted advisor with my free valuation. I called Jay and he referred me to Greg White. I sure am glad he did.
Greg was awesome to work with. He is the most honest and dependable person I have ever met. A few times I was waffling on what I wanted to do. Greg advised me to wait if I wasn’t 100% sure. Most others in that position would have encouraged me to sell, but Greg always put my best interest above his own. Greg took care of all the details. He sent me exactly what I needed to do and coached me through doing it. We listed the business in January 2020. I received multiple full price offers in the first week.
The most important thing to me during this process was to find the right type of buyer. I wanted someone who would be compatible with the team and would keep the family focused culture. Greg took this very seriously. He didn’t waste my time with anyone that wasn’t a good fit. He talked to a hundred people, but I only had to talk to 5. Once we accepted an offer the real work began. I had no idea how many steps there were in selling a business. Greg managed the transfer process and kept us on track with weekly calls and checklist. He personally handled many calls and emails with vendors to help keep me focused on running my business and not having to spend all of my time on selling the business.
Greg’s and Vikings’ professional network was key to getting my deal done. They have great relations ships with attorneys, bankers, and all needed vendors. My deal would have falling apart a few times if it wasn’t for Greg and his network.
I highly suggest anyone interested in selling their business reach out to Greg and Jay. They will tell you honestly where you stand and help you get the full asking price and best buyer for your business. When I sell my next business, I will be calling Greg again.
The team at Viking Mergers was instrumental in getting our business sold. Trevor and Jay laid out the process at the beginning and then assisted us along the way by referring us to numerous resources such as lawyers & accountants needed to get the sale completed. They were always focused on ensuring that we were successful in getting what we wanted out of the sale even when emotions and egos started surfacing. Trevor, in particular, was always available & kept us focused on achieving the goal of getting our company sold at the peak of our 12-year run. I have already and will continue to recommend Trevor, Jay, and Viking to others whom I know in the market for buying & selling companies. Thanks again to Viking, Jay & Trevor for making this such a wonderful experience & look forward to working with you again in the future.”
Thanks to the entire team for getting the sale of Home Design Decor magazine over the goal line. Everyone at Viking that I was involved with were top notch professionals. Greg performed with determination with a great balance as the deal-facilitator and counselor for the buyer. It certainly is a delicate balance.
Keenan Moran is a class act. He advised me through the process of buying Equipment Design and Fabrication. I always felt that he was not only looking out for my best interest, but that he was fairly assessing and making recommendations for everyone’s best interest. Sure, he is really smart, responsive, and a great problem solver, but also one of those great people you hope to work with again someday.
What is My Business Worth?
Every smart business person knows the importance of being able to present a fair and accurate accounting of a businesses’ value. A professional business appraisal is particularly important when attempting to sell a business. This valuation document is the single most useful piece of financial information about any company.
When you work with a Business Intermediary at Viking Mergers & Acquisitions to create a business valuation, the goal is simple: the creation of an accurate and comprehensive business appraisal document that will stand up to scrutiny.
The following information will be needed for Viking Mergers & Acquisitions to complete a Southeast U.S. / Charlotte business valuation:
- Tax returns for the last 3 years Federal Tax Return
- Interim Profit and Loss Statement (P&L), including balance sheet
- Last 3 years Profit and Loss Statement (P&L), including balance sheet
- Average value of inventory of saleable product on hand at any time of year
- Equipment List
- Copy of tax bill on real estate; if the real estate may be included in the sale
- Copy of any real estate appraisal that is available
- Lease information