Essentials Business Valuation Report

To help our appraisal team complete your report efficiently, here’s some information that will be useful to gather along the way. Don’t worry if you don’t have everything upfront—we’ll guide you through the process in the Data Collection Portal:

3 Years of Financial Statements (or Tax Returns).

You will choose to upload either financial statements (Profit & Loss Statement and Balance Sheet) or tax returns of the business for the last three full years. Tax returns are usually preferred if you are buying or selling a business; however, financial statements are usually preferred for strategic planning purposes. Consult with your advisor, lender, or CPA regarding their preference.‍

Year-to-Date Financial Statements.

You will also be asked to upload a year-to-date financial statement through the valuation date. Be sure the year-to-date financials are through the same valuation date. It is preferred to use a month-end, quarter-end, or year-end date when possible. ‍

Trailing 12 Months Profit & Loss Statement (optional).

If your business is seasonal, then we highly recommend uploading a Trailing 12-Month Profit & Loss Statement. This will allow your valuation expert to better understand how to forecast revenue and expenses for the remaining months of the current year.

Here’s the information you’ll want to start gathering to help our marketing team complete the report:

Business Information:

• Business type
• Primary Address
• Asking Price and Cash Flow
• Summary of the business, background and history.
• Primary product or service description.
• Total number of employees.
• Days/hours of operation.
• Top customers.
• Growth Opportunities.
• Reasons to buy.
• Key personnel, compensation and benefits.
• Ownership duties and hours per week.
• Reason for Sale.
• Training available.
• Facilities and real estate.
• Tangible and intangible assets.
• Inventory.
• Assets excluded from sale.
• Market competitors and customers.
• Competitive advantages.
• Marketing methods.
• Legal claims pending.
• Operations.
  

Marketing Collateral:

• Company logo.
• Images available of products, buildings and employees.
  

Recast Financials

• Financials you want shown in the report.
• Note: BizWorth requires all financials to be provided in Microsoft Excel (.xls) format before starting the valuation. If you do not have financials in the required format, select this option to BizWorth to convert your annual financial statements (up to the last 5 years) into Microsoft Excel (.xls) format for you.