Request a Professional Business Valuation
WHY IT’S IMPERATIVE YOU KNOW YOUR RALEIGH / DURHAM BUSINESS VALUE
Have you ever considered obtaining a business valuation for your Raleigh or Durham business? If you haven’t, now is a good time to take action. Not only will a business valuation come in extremely useful if you’re considering selling your business (so that you have an informed perspective for formulating your asking price) but knowing what your business is worth is important in things like obtaining life insurance, doing estate planning or getting a loan.
But, all business valuations are not created equal, and some prove to be more accurate than others. At Viking Mergers & Acquisitions, our proprietary business valuation approach has a proven track record of accuracy. Let’s take a closer look at what our approach includes:
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.
Like the real estate agent who helps find the perfect house for you, Keenan Moran is a great combination of…
Greg White is one of the most organized, dedicated and hard-working professionals that I have ever worked with and he was there to help me along the way. Every time I had a doubt during the process he was extremely positive and walked me through the low points. I couldn’t have found the right buyer without Greg White and the Viking team. I would recommend Viking very highly; Greg White is a very kind individual and one of the hardest working people that I have ever been involved with.
NEXT STEPS? THINGS YOU WILL NEED
Thinking about selling your Raleigh-Durham business? You owe it to yourself to get a business valuation so you know where you stand. Not only do prospective buyers want insight as to how you arrived at your asking price, but you also want the peace of mind of knowing you’re getting every dollar your business is worth.
Obtaining a business valuation with Viking is simple; all you need is to pull together business paperwork and schedule your free appointment. Paperwork needed includes:
- Info on any leases
- Lists of equipment
- Last 3 years of Federal tax returns
- Interim Profit and Loss Statement (P&L), including balance sheet
- Profit and Loss Statement (P&L), including balance sheet, for the last 3 years
- Average value of inventory of saleable product on hand at any time of year
- If real estate is included in the sale, your most recent real estate tax bill and appraisal