With a $10M company, Small Business Advisory was engaged to look at valuation and help in choosing exit now or grow and exit later. Small Business Advisory performed quick assessment of business valuation and the business owner made a qualitative determination of value. After months of consideration, the business owner felt the buyer’s valuation was a bit too low and re-engaged Small Business Advisory to strengthen the business foundation to build value. Our current engagement is to help develop processes, redundancies, culture, and open exit options for family transfer in addition to selling to industry competitors. As of June 2019, the business has grown by $6million.
