Valuation Services
When making plans for the future of your business, you need to know where you stand. A business valuation is often the first step toward reaching your goals. If you want to sell your company, you need to know what it is worth. If you want to expand and buy another business, you need to know what you are buying into. Victor also advises on valuation disputes between shareholders.
Not a Chartered Business Valuator, and why that matters
Victor is not a Chartered Business Valuator. He brings many years of experience valuing and closing deals on many types of security companies. CBVs are trained to value companies in general, and many do not understand the value of monitoring recurring monthly revenue or fire inspection revenue. They will likely value your company on a multiple of earnings, which in many cases undervalues it. He also tends to charge less for a valuation than a CBV.
Why you might want a valuation
You want to sell your interest in the business. Your partner wants to sell their interest in the business. You are looking for financing. Estate planning. A divorce or separation. You simply want to know what your company is worth.
The value of recurring monthly revenue
A critical, often overlooked aspect of valuation in the security industry is the unique value of recurring monthly revenue. RMR gives rise to a different valuation than the standard calculation of multiples of earnings, cash flow or EBITDA. Victor developed a template for it, and has long experience judging what the RMR in the security and fire industry is worth. His valuations are accurate and not cost-prohibitive.
Why get a valuation before selling?
As an owner, you need to know what to expect when selling your company. You do not want to sell yourself short, or go into the selling process with unrealistic expectations.
What will you need from me?
A proper valuation of any company requires a great deal of information: financial statements for the last three years and a forecast income statement for the next year, a breakdown of your major assets such as accounts receivable, inventory and fixed assets, and a listing of the accounts that generate recurring monthly revenue.
How long does it take?
Allow four to six weeks to have the finished product in your hands.