Are you considering buying a business? Business valuation is not an exact science, and that’s what makes for a challenging assignment with each client. It is the job of the business appraiser to provide personalized financial analysis so that the business owner and a prospective buyer receive objectivity uninfluenced by subjectivity. At Halas & Associates, we incorporate a number of different leading business valuation methods into our own system. The Halas Business Valuation System (HBVS) is designed so that priority is given to “hard” factual data, not the often emotional and unrealistic opinions of a present owner.
We look at capitalized and excess earnings, but we also look at short-term and long-term cash flow and operating assets. The industry rules of thumb have been in place for decades and are constantly evolving to incorporate high-tech businesses and non-traditional enterprises. HBVS strives for excellence in each valuation assignment.
Often a mediocre business valuation is a result of a poor or stilted relationship between client and appraiser. This is often the case with certain of the larger appraisal firms, as their efforts can be divided amongst many different projects at once. Halas & Associates prides itself on our ability to exceed the expectations of our customers through punctuality, attention to detail, openness, and sincerity.
Buying a Business? Know What to Expect
From all over the country, owners looking to sell and investors looking to buy use us for our valuation services. If you’re thinking of buying a business, you should have a good idea as to what to expect. A professional appraisal is a critical part of the acquisition process, if one is to expect realistic value. HBVS can assist with this goal.