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Commercial or
Project Financing and Financial & Tax Reporting
Last time I mentioned 2 of
the 9 different scenarios we’ve identified where your clients
may WANT or NEED a business valuation.
They were Subchapter S
Conversions and Bankruptcy. Today I want to
briefly touch on THREE more of them.
The
first scenario is Commercial or Project Financing.
Increasingly local banks
and lenders will request an independent market valuation prior
to approving a small business loan or credit line. A business
valuation for your client is an instrumental tool
to include
in their loan package when approaching lenders to negotiate
their rate and loan terms, especially in a tight business
lending environment.
The
second scenario is Financial and Tax Reporting.
Certain financial & tax
reporting situations necessitate an independent valuation
services. When your client’s company offers & issues stock
options OR transfers or sells equity interests, a valuation is
required to report related compensation expense and for the
recipients to accurately report income.
The third scenario is Personal Financial Management.
For your business clients,
their business represents their single most valuable asset.
Despite this, most business owners have no realistic concept
of the true market value of their business. A business
valuation empowers them to make informed critical decisions,
such as proper timing to pursue an exit strategy from the
business itself.
Next time I’ll talk about
the last 2 scenarios you’ll run into with clients where
they may want or need a business valuation.
If you want to listen to
this information in audio,
just click on the link and it will
take you back to the audio postcard. And if you have
questions about this topic or want more ideas on how to
generate business valuations with your existing clients, the
toll-free number to call me at is 800-800-1776.
Congratulations
again for joining our Business Valuation network. This is Troy
Patton and I’ll talk with you soon.
How To
Start Your Business Valuation Process:
Our process consists of
only a few steps to start a valuation for your client:
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You contact us to find
our how much to charge for the valuation. Let us know the
industry, why the valuation is needed, and the size of the
company.
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We will prepare and send an
engagement letter to your client from our firm which they
will sign and send back to us with payment in advance.
This takes the risk and conflict of interest out of your hands
and off your E&O
Insurance. (This is how 98% of our valuations are
prepared. The others we prepare are for firms who want their
name on the valuation.)
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Complete the input forms
for the valuation (we will provide them to you) and then you email them
back to us.
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We will complete the
valuation and email a copy of it to you for review before
we issue the report to the client.
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You get paid. It's that simple.
Patton Business Valuations
becomes your outsourced partner for business valuations
where we prepare the valuation, deliver it to you to present
to your client (or deliver it directly to your client if you
prefer) and you make nearly $800 to $1,200 for a few
hours of work.
Our standard pricing is
just $2400 for a Divorce valuation, $3000 for
Buy/Sell and $3600 for an Estate valuation. For
any other type, just email me at
tpatton@pattonvaluations.com or call me toll-free at
800-800-1776.
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To get started on a valuation
right now call me at
800-800-1776, I'm at extension 52 and if I'm not in
just leave me a message. |
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Troy C. Patton, CPA |
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PRIVACY POLICY -
Patton Business Valuations respects you and your
Client's privacy and
will not give, rent, sell or lend your Client's contact
information, business valuation information, email address or
other contact information to any outside 3rd party,
group or company. |
Call our offices at 800-800-1776 if you have any questions or if you have another client in need
of a Business Valuation.
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