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Obtain a complimentary ($3,000+ value) valuation with 143 data points, industry comparisons, and 13 key performance indicators.
Start by scheduling a 15-minute discovery call!
95% of financial advice is aimed at individuals whose largest assets are encompassed by their residence and, after that, what money they have in their retirement accounts.
You’re unique. As a business owner, 85-90% of your net worth is tied up in your practice. This means the challenges and opportunities you face are different than those faced by most.Â
Valuing that asset is essential to making intelligent decisions about your financial future.Â
As a business owner, exceptional care for your clientele and employees is a top priority. However, running a successful business requires a focus on financial matters.Â
Many entrepreneurs do not have the time or expertise to navigate complex areas such as retirement planning, financial planning, estate planning, and buy-sell agreements.Â
With a 85-90% of your net worth tied up in your business, it is essential to have a trusted advisor to guide you in these areas. With over 30 years of experience advising business owners, this is where M.C. Byrd Wealth Management can help.
Please select a time slot that works best for you in the calendar below. You should receive an email confirmation once appointment is scheduled. If you have any difficulties, please call the following phone number: 832-835-6403
The most important thing is to be able to prioritize and do the important things first.
By providing an accurate estimate of your business’s worth, you can make informed decisions about everything from investment to retirement planning and succession planning. Our valuation process can reveal areas where you may be able to increase the value of your business over time, such as through strategic investments in equipment or personnel.
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Ultimately, a valuation is the first stepping stone toward greater financial confidence and control over your future.
Determining the current value of your business is crucial for retirement planning. An appraisal can help calculate the retirement income that the owner can expect to receive from the sale of the practice.
When seeking a loan or line of credit, it’s important to have an accurate assessment of the value of your business. A professional valuation can provide a lender with this information, which can be used to determine the amount of financing that can be extended to the owner.
Contracts that govern the transfer of ownership of a practice require a fair market value assessment. A business valuation can help determine this value, which is used to set the purchase price and ensure a fair deal for both parties.
To plan for the transfer of the business to heirs or beneficiaries, it’s necessary to determine its value for tax purposes. A valuation can help with this and ensure that its value is distributed fairly.
Knowing the value of your business in relation to competitors is important for making informed decisions in the future. A comprehensive appraisal can provide this information and help the owner decide whether to expand or sell the business.
When transferring ownership of the business to a family member or loved one, it’s important to determine the fair market value. A professional business valuation can help with this and ensure a fair deal for both parties.
The value of the business is an essential asset in the owner’s overall financial portfolio. An accurate assessment of its worth can help the owner make informed decisions about how to allocate their resources, such as reinvesting earnings or diversifying their investments.
Efficiency is doing things right; effectiveness is doing the right things.
Obtaining a business valuation has historically been a costly, time-consuming, analog process. In fact, a traditional registered valuation costs roughly $7,000 or more.
Enter BizEquity. Designed by leading business valuation practitioners with decades of experience in valuing privately-held companies, the BizEquity model incorporates methods from each major valuation approach (income, asset, and market).Â
The model utilizes market data (comparable sales), financial data (benchmarking), and industry data (risk assessment) from a diverse, growing, and global collection of resources. Its rigorous testing and constant monitoring of value estimates ensure consistently reliable forecasts.
Valuation results are based on user-generated data gathered through a 7-step process that captures firm-specific attributes (both qualitative and quantitative) that are compared to relevant peer companies and industries from our database of more than 30 million privately-owned businesses.
Estimates of value are based on current industry-specific benchmarking comparisons and actual historical “real world” and “size-adjusted” transaction multiples from dozens of data sources.
Overall, BizEquity has gathered financial and operational data for more than 29 million private businesses and several hundreds of thousands of market-based “deal multiples” from throughout the world and is the largest real-time database of primary and curated comparables.
Generates a dozen Key Performance Indicators (KPIs) and four distinct estimates of fair market value including asset sale value, equity value, enterprise value, and liquidation value.
After receiving a valuation from M.C. Byrd Wealth Management we’ll provide you with three key components:
This data-driven conversation enables you to make informed decisions about your business’s future.
We understand that there are many options available when it comes to valuing your business. However, not all valuation services are created equal. Below is how our elite valuation services compare to other options on the market.
At M.C. Byrd Wealth Management, we believe that having a financial advisor involved in the business valuation process is crucial for high-net-worth clients. A financial advisor brings a unique perspective to the table and can provide valuable insights into how your business fits into your overall financial plan.
One of the key benefits of having a financial advisor involved in the business valuation process is that they can help you understand how your company’s worth fits into your overall wealth management strategy. By analyzing your current assets and liabilities, as well as your long-term goals, a financial advisor can help you determine how much of your portfolio should be allocated to your business.
Moreover, a financial advisor can also help you understand the tax implications of selling or transferring ownership of your business. They can work with you to develop a tax-efficient strategy that maximizes the value of your business while minimizing taxes.
In addition to these benefits, having a financial advisor involved in the business valuation process can also provide peace of mind. Selling or transferring ownership of a business is often an emotional and complex process. Having someone on your side who understands both the financial and emotional aspects of this decision can make all the difference.
At M.C. Byrd Wealth Management, our team of experienced financial advisors works closely with BizEquity to provide you with comprehensive valuation services that take into account both quantitative and qualitative factors. We’re committed to helping our high-net-worth clients make informed decisions about their businesses’ futures so that they can achieve their long-term financial goals.
A business valuation is essential for making informed decisions about your company’s future. It provides you with an accurate and data-driven estimate of your business’s worth, which can help you better understand its financial health. This information is invaluable when it comes to planning for the future, whether you’re looking to sell your business, secure financing, or simply want to know where you stand.
Unfortunately, no. A lot can change in ten years, especially when it comes to the value of a business. Economic conditions can shift, industries can evolve, and companies can grow or shrink in size. That’s why it’s important to get regular valuations done to ensure that you always have an accurate understanding of your business’s worth.
Not at all! While many people get valuations done when they’re preparing to sell their businesses, there are plenty of other reasons why you might want one. For example, if you’re seeking financing or insurance coverage for your company, having an accurate estimate of its worth will be crucial.
While it’s possible to make an educated guess as to what your business is worth based on factors like revenue and expenses, this approach is far from foolproof. There are countless variables that go into determining the true value of a company, including intangible assets like brand recognition and customer loyalty. A professional valuation gives you access to much more detailed and accurate information about your company’s financial health.
On average, business valuations cost $8,000 or more. Furthermore, the typical business valuation stops at the discussion of value. At M.C. Byrd Wealth Management, our elite valuation services are complimentary and the value is used as a starting point to build a roadmap outlining the routes you can take to achieve your goals.
The length of time required for a full valuation will depend on several factors including the size and complexity of the company being valued as well as how quickly we are able to gather all necessary information from our clients. Typically speaking most valuations take between two weeks and one month from start to finish.
To get started we’ll require some basic information about your company such as its name industry sector and structure along with various financial documents such as tax returns balance sheets etc. We’ll also ask for detailed information about specific aspects of your operations such as customer concentration, recurring revenues, inventory, fixed assets, intangible assets, etc.
Investment advisory services offered through M.C. Byrd Wealth Management.
We are licensed to sell insurance products in the following states of:
Louisiana (LA), Texas (TX).