Nov 19, 2020 | Business Valuation, Financial Advisory, Small Business
Financial advisory firms are fascinating businesses. One of the “quick and dirty ways” a valuation expert values a financial advisory firm is using multiples. A valuation multiple is like a ratio. A ratio compares two things to each other, for example, one of the more...
Nov 12, 2020 | Business Valuation, Financial Advisory, Small Business
According to IBISWorld about a financial advisory firm, “the financial planning and advice industry comprises companies that provide financial planning, financial advice and wealth management to individuals and business clients. Operators also offer advice in...
Oct 22, 2020 | Business Appraisal, Business Appraiser Utah, Business Valuation, Small Business
A credentialed business appraisal can range anywhere from $2,500-$8,000 sometimes more. While many individuals select a business appraiser solely on price, a quality business appraiser can be well worth the fee. As with any professional service such as legal, medical...
Oct 20, 2020 | Business Appraisal, Business Appraiser Utah, Business Valuation, Buying a Business, Growing a Business, Small Business
A business appraiser is an individual who determines the value of a company. Most often to determine a fair selling price. A business owner may need a fair business appraisal for a variety of reasons. Anytime an individual needs an unbiased, third-party opinion of a...
Oct 17, 2020 | Business Valuation, Buying a Business, Financial Advisory, Selling a Business, Small Business
Do you own a financial advisory firm or are looking to buy or sell a book of business? There are several important aspects that impact the value of your financial advisory firm. These are called “Value Drivers” It is important to evaluate these value drivers for your...
Oct 14, 2020 | Business Valuation, Buying a Business, Selling a Business, Small Business
One way to measure the value of a business is to determine the seller’s discretionary earnings (SDE) or income. This is a cash-flow measurement of the business earnings. SDE is often used in business valuation and in the sale of small businesses. A valuation expert...