Business Development Resources (BDR), the training authority for home services industry professionals, announces a Business Valuation Analysis service that equips HVAC contractors to maximize the value of their business and ensure financial security for themselves and their families.
Business Valuation Analysis
BDR's BVA answers this key question: What is the financial trade-off of selling now vs. working on my business for a few more years? The sale price difference to the business owner can easily be in the millions, depending upon a host of key factors.
BVA applies the insight of BDR's industry-leading training and business coaching programs in financial accounting, business performance analytics, and operational efficiency. The service arm contractors with valuation facts and supportable performance projections so they can make critical decisions about retirement, family legacies, and opportunities to sell their business.
Enhanced negotiation positioning
Our Business Valuation Analysis helps contractors evaluate their company and take control of their future"
"For most contractors, selling their business is a major life event, but they don't have the skills or experience to get the most out of the opportunity," said Bruce Wiseman, president, and owner of BDR.
"Our Business Valuation Analysis helps them evaluate their company and take control of their future. The essential information and insight we deliver enhance their negotiating position and build confidence so they can make the right decisions for immediate returns and long-term benefits."
Industry-specific tools and guidance
BVA relies on BDR's HVAC industry-specific expertise to provide tools and guidance designed especially for contractors, including:
- Valuation: Determine what your HVAC business is worth today.
- Valuation projections: Determine what your business could be worth over the next five years and identify key valuation drivers to get you there.
- ROI projections: Formulate what potential buyers can expect from the first five years of investment.
- Business valuation consultation: A BDR expert will meet with you to ensure you understand your business valuation report; provide insight into your valuation-enhancing opportunities; and prepare for sales negotiations.
"Contractors need more than instincts and last year's revenue numbers to ensure they get the most out of a sales opportunity," Wiseman said. "You only get one chance to sell a company, but the long-term consequences will be enormous. Potential buyers will base their decisions on the data don't let them be more informed than you are."
