Fast Valuations

Overview

Based on the number of questions we get asked, it seems that clients are used to getting valuation work completed in two, three, or four months. Not here. No surprise, but as a veteran-owned and operated company we are hugely geared towards discipline and efficiency. And that translates into fast business valuations.

One question that comes up over and over again is how fast can you complete my business valuation? Our goal is to complete every valuation in two weeks. We make every effort to get work back out to our clients as soon as possible so that our valuation is not standing in the way of your progress.

How Can Quantive Deliver Such Fast Business Valuations?

We focus on maintaining a rigorous process. We’ve developed and refined the process to the point that we can turn around business valuations quickly. As the diagram indicates, we focus on initial analysis, review, number crunching, and reporting. Other factors that help us:

• Focus on technology. We use technology to our advantage at every turn!
• Online Valuation Questionnaire. We developed a valuation web app to help speed up our data collection process.
• Focus on deadlines. Our founder is a military guy–of course we focus on deadlines.

So What Factors Can You Influence?

If you need a fast business valuation, here are a few items that you can do internally to make the process as fast as possible.

• Have your financials available. (We’ll need at least 3-5 years)
• Be ready to answer questions on “what the numbers mean.” Oftentimes we’ll have to make normalizing adjustments, and in many cases, we rely on you for guidance.
• We’ll need some time from you! We try to be as non-intrusive as possible, but in order to truly perform a fast business valuation you’ll have to be flexible in some scheduling

Factors You Can’t Influence

Sometimes things are just out of your control. Those can range from simply our current backlog and workload to access to data. For instance:

In divorce or litigation scenarios, access to data is sometimes questionable and impacts our timeline

Complexity. In scenarios that are not straightforward, the timeline can certainly increase
Time of Year. Things tend to get busier in the 4th quarter as clients go through their planning processes—be early if you want something done for the end of the year!

TIP: If you know you’ll be needing a valuation be sure to hunt down your previous 3-5 years of financial statements. It’s the first thing we’ll ask for!