Don’t Let Mother Nature and Father Time Determine Your Business’s Future If you own a construction, engineering, or environmental company, there’s one truth you can’t escape: no one can run their business forever. Whether you feel invincible today or believe…
Working capital is a critical component when buying or selling a business because it ensures that the company has enough short-term assets to cover its short-term liabilities. When calculating working capital during a business transaction, here’s how it’s typically done:…
What Does It Mean to Value My Business? A business valuation determines what your business is worth in today’s market. It involves analyzing financial data, operational efficiency, and external market trends. Proper valuation helps business owners understand their…
Growth and Opportunities for Construction Business Owners The construction industry is poised for growth under proposed infrastructure spending and deregulation policies. This anticipated expansion could significantly impact privately owned businesses, including HVAC, plumbing, electrical contracting, and roofing companies. Business owners…
How to Maximize the Sale Price of Your Plumbing Business If you own a plumbing business and are thinking about selling, you might be wondering, “How can I get the best price for my business?” or “Is my plumbing business…
Maximizing the Value of Your Construction Business: What Every Owner Should Know Are you a construction business owner wondering, “How can I get the best price for my business?” or “Can I really sell my business at a price that…
Based on SOLD TRANSACTIONS SUMMARY FOR ROOFING COMPANIES Statistic Transactions Min Max Mean Median Variation Sales Price 8 $450,000 $4,500,000 $1,925,000 $1,650,000 N/A Annual Gross Revenue 8 $2,500,000 $8,000,000 $5,000,000 $4,500,000 N/A Seller’s Disc. Earnings (SDE) 8 $325,000 $1,400,000 $700,000…
How to Value My HVAC Business for Sale: Understanding SDE, EBITDA, and Market Multiples If you’re looking to sell an HVAC business, understanding key valuation metrics such as Seller’s Discretionary Earnings (SDE) and Earnings Before Interest, Taxes, Depreciation, and Amortization…
Unlock Your Business Value: Mastering Valuation and Strategic Exit Planning for Medical and Healthcare Businesses If you’re an owner of a medical practice, medical billing company, or home health care agency, understanding the value of your business is crucial. Legacy…
The critical role that accountants, CPAs, and bookkeeping professionals play At Legacy Venture Group, we understand the critical role that accountants, CPAs, and bookkeeping professionals play in helping business owners make sound financial decisions. However, in our experience as Tampa…
The Importance of Business Valuation for Environmental Companies As an owner of an environmental consulting company, understanding the value of your business is crucial. If you haven’t had a business valuation in the last two years, now is the time…
Why Normalization Matters Normalization, sometimes referred to as recasting, involves adjusting your financial statements to reflect the true earning potential of your business. This process is crucial for Business Valuation because: 1. Presenting a Realistic Earnings Picture: By normalizing, you…