What is a business valuation and why do I need one?

A business valuation is a process of determining the economic value of a business or company. At CREBB Group, we provide this service to help you understand your business's worth, which is crucial for various reasons such as selling your business, seeking financing, lease negotiations, or strategic planning.

How does CREBB Group determine the value of a business?

We use a combination of proven valuation methods, including income-based approaches, market comparisons, and asset-based valuations. Our team, led by Russell Kitzberger with over 20 years of experience, considers factors such as financial performance, market conditions, growth potential, and industry trends specific to Ohio, Kentucky, and Indiana markets.

How long does the business valuation process take?

The duration can vary depending on the complexity of your business and the purpose of the valuation. Typically, our process takes 2-4 weeks from the initial consultation to the delivery of the final report. We strive to provide thorough and accurate valuations while respecting your time constraints.

Can a business valuation help me negotiate better lease terms?

Absolutely. Understanding your business's value can be a powerful tool in lease negotiations. It can help you determine what lease terms are feasible for your business and provide leverage in discussions with landlords. Our landlord leasing representation services often utilize valuation insights to structure favorable lease agreements.

How does CREBB Group's business valuation service tie into your other offerings like site selection and industrial real estate services?

Our business valuation service complements our other offerings by providing a comprehensive understanding of your business's worth and potential. This information can be invaluable when considering relocation, expansion, or acquisition of industrial properties. It also aids in our site selection process, ensuring that chosen locations align with your business's value and growth projections.

Why should I use a broker instead of selling my business on my own?

A broker simplifies the process, ensuring a smooth, confidential sale that maximizes your business’s value. We handle everything—from screening qualified buyers and managing negotiations to navigating financing and lease transfers—so you can focus on your business. Our expertise means better exposure, stronger offers, and less stress.

How does your team help prepare my business for sale?

We conduct a comprehensive assessment to understand your business's strengths, then work with you to clean up financials, streamline operations, and enhance value. Our goal is to position your business to attract top buyers and secure the highest possible sale price, making the sale process smooth and rewarding.

Will I need to offer financing to sell my business?

Offering financing can make your business more appealing to buyers and often leads to a higher sale price. We guide you on structuring a financing offer that meets your comfort level, potentially increasing your buyer pool and ensuring a faster, smoother sale.

How can you help me maximize the sale price of my business?

Our team uses a strategic approach to increase your business's appeal, from identifying key financial improvements to enhancing operational efficiencies. With our extensive market knowledge and targeted buyer outreach, we work to generate strong offers that reflect your business’s full value.

What is the process of finding the right buyer for my business?

We leverage our extensive network and targeted marketing to reach serious, qualified buyers. Each candidate undergoes a strict vetting process, ensuring they align with your terms and values. Our goal is to find a buyer who not only meets financial criteria but will also continue your business’s legacy successfully.