To explore the opportunity of exiting their business, sellers can submit their information and financials to the team at Nevaeh and request an initial seller's call. If the call is accepted, it signifies that the business has excellent potential to exit.
This introductory call is a fun and easy conversation between the business owner and one or more members of the Nevaeh team. It's an opportunity for the seller to learn more about the business and the potential for Nevaeh to acquire it. Over the course of the call, Nevaeh will ask two primary questions: what the seller wants from the sale and how motivated the seller is to exiting. This will help Nevaeh determine whether they can deliver on those wants.
The Nevaeh team evaluates the information and financials submitted by the seller to determine if the business is a good fit for them. If it is, the call is the next step in exiting the business. The call will also allow the seller to ask questions and express their needs and desires. Nevaeh takes pride in ensuring that the seller's wants are met, and they work diligently to make that happen.
Valuation is the process of determining the tangible worth of a business. Accurate valuation is essential in protecting everyone involved in an acquisition. To determine the valuation, Nevaeh multiplies EBIDTA or SDE by an industry multiple, and also considers other factors such as market data, competitors, assets, and intangible data about unique assets.
During the valuation phase, Nevaeh finds and verifies data to support the company's valuation. The business owner can also present any additional data that supports the valuation. This ensures that the valuation is accurate and comprehensive.
The valuation phase is critical, and half of the businesses that start the introductory phase continue on to complete it. This shows the importance of the valuation process, and how it can make or break a potential acquisition.
After understanding the business and determining a fair valuation, Nevaeh moves on to the final phase of presenting an offer to the business owner. The offer can include an acquisition, a partnership, or a combination of both. If the business owner accepts the offer, they can expect a quick closing within weeks. Thus Nevaeh’s process is efficient and streamlined, with no long waiting periods.
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