Gateway Valuation Consulting, LLC

“Almost every owner I've ever met thinks their business is worth about twice what the market is willing to pay.” An independent, qualified business appraiser assists in setting realistic expectations. buff.ly/3P9Fn2l #Valuation #Businesstips #SuccessionPlanning

“Though business valuations seem simple on the surface, even the smartest and most successful business owners can misinterpret their importance.” buff.ly/3HDsCrw #Valuation #Businesstips #SuccessionPlanning #ExitPlanning

“People are willing to pay incredibly high multiples, but everything has to be tight, and we feel the same way when we buy businesses. So, expectations have risen along with the valuations.” buff.ly/3IhqJlJ #Valuation #Businesstips #SuccessionPlanning #ExitPlanning

“…while 96% of business owners agree it’s important to have an exit strategy, only 13% of those business owners actually have a written plan in place…” buff.ly/3t5FSQq #Valuation #Businesstips #SuccessionPlanning #ExitPlanning

“After all the work you’ve put into your business, you want to ensure you get an objective estimation of its value from a qualified appraiser...it is well worth the investment in order to guarantee an accurate, and possibly larger, payout for the sale.” buff.ly/3sIETpf

“Having systems, processes and a well-documented succession plan in place can increase your business valuation. If your business can run without you, it creates greater transferable value.” buff.ly/3uC9nff #Valuation #Businesstips #SuccessionPlanning #ExitPlanning

“A properly structured buy/sell agreement can help establish value. However, if the valuation provisions in a buy/sell agreement are not recognized for estate tax purposes, the estate may face costly valuation disputes.” buff.ly/3L9SNsU #Valuation #ExitPlanning

“Getting a closely held company ready for sale or transfer can be a daunting task. These answers to common questions offer concrete steps to structure a deal that works best for you and your business.” buff.ly/3sbVYHT #Valuation #Businesstips #ExitPlanning

“Creating and executing a business exit strategy takes time – and expertise…. A business valuation professional will obviously be particularly beneficial in estimating the value of your business for a future sale.” buff.ly/3r21MnT #Valuation #Businesstips #ExitPlanning

“When selling a business, that first impression impacts the price, how many and what kind of potential buyers compete for it, how long the sales process takes and even whether a sale takes place at all.” buff.ly/3qFH0uh #Valuation #Businesstips #ExitPlanning

“There are many other business owners who, for various reasons, have not disposed of their business.” The case for revisiting your buy-sell agreement. buff.ly/33w21i7 #Valuation #SuccessionPlanning #Businesstips #ExitPlanning

“Nike Inc. founder Philip Knight said the bulk of his money would be given away—eventually. ‘By the time the lives of my children and their kids run out, I will have given most of it to charity.’” What he didn’t mention is what’s valuable to know. buff.ly/3C4TleC

“Most businesses impacted by the COVID-19 pandemic haven’t yet fully recovered. Depending on the type of business and industry, it may take a long time for certain businesses to bounce back…” buff.ly/3letkTV #Valuation #Businesstips #SuccessionPlanning #ExitPlanning

Gift tax valuations must make economic sense. Formula price agreements, if unreasonable, aren't likely to work. buff.ly/3ry41OO #Valuation #SuccessionPlanning #Businesstips #ExitPlanning

Taking a proactive approach to assessing both threats and opportunities today will help maximize your company’s value in the future. One example – “The greatest value can be derived when the owner is viewed as replaceable.” buff.ly/3pHCsTT #Valuation #ExitPlanning

Options for business owners who need a succession plan. buff.ly/3fE13Dc #Valuation #Businesstips #SuccessionPlanning #ExitPlanning

“Gifting stock may also offer the opportunity to give a more valuable gift. ‘If I give a low-cost basis stock, one advantage of doing that would be maybe I'm giving $100,000, but it was only $1,000 in my pocket.’” buff.ly/3GA1Pww #Valuation #Businesstips #ExitPlanning

“Even modest increases in cash flow can have far-reaching effects...creating an executable strategy that builds cash flow is crucial to your success.” buff.ly/3GrzLf4 #Valuation #Businesstips #SuccessionPlanning #ExitPlanning

“Positioning the business finances is the first step you can take in preparing your business for sale. Financial buyers pay attention to the numbers in your business, and they will look at the following…” buff.ly/3tnLU0Q #Valuation #Businesstips #ExitPlanning

The time has finally come: you're ready to sell your business. Planning for the sale of a small business may seem daunting. Whether you're ready to retire or just move on to a new venture, here's a primer on how to sell your business. buff.ly/3HGcfLj #ExitPlanning