Halifax Business Valuation And Appraisal . com – Appraisal, business valuation, business evaluation, Halifax NS. Certified by Eric Jordan, CPPA – Tax issues, divorce or sale. Valuation for divorce proceedings.

Valuation and Appraisal to Support Litigation
Qualified Expert Witness

BUSINESS VALUATION AND APPRAISALS
CERTIFIED BY ERIC JORDAN, CPPA

Valuation of Your Halifax Business
Generally $1,000 to $5,000
HalifaxBusinessValuationAndAppraisal.com
 1959 Upper Water Street, Halifax NS B3J 3N2

(902) 332-3177

Some of our files from 2016:

- Multi Million Dollar Distribution Business - Valuation for purpose of sale.
- Plumbing and Gas Business - Valuation for purpose of divorce proceedings.
- Multi Million Dollar eco tour business - Valuation for purpose of expansion loan.
- Law Practice - Valuation for purpose of sale.
- Lawn and Yard Maintenance business - Valuation for purpose of divorce proceedings.
- Art Studio Franchise - Valuation for accounting purposes and CRA requirements.
- Plumbing Business - Valuation for purpose of divorce proceedings.
- Irrigation and Snow Removal Business - Valuation for purpose of divorce proceedings.
- Large Retail Bakery - Valuation for purpose of sale to employee over 5 years.
- Software Distribution rights in Canada - For Australian Parent Company (agency dispute.)
- Janitorial Supply Business - Valuation for purpose of partnership dispute.
- Tree Pruning and Lawn Business - Valuation for purpose of sale.
- Battery Distribution Business - Valuation for purpose of sale.
- Classic Car Renovation Business - Valuation for multi-million dollar lawsuit in Florida launched by Canadian partners.

CPPA and CBV - Chartered Business Valuator - Services Available Across Canada 1-800-606-0310
Our Firm of Business Valuators and Appraisers and Support Team
Help Wanted- Interested in learning business valuation? We are expanding the valuation/appraisal part of our firm and are interested in
training associates from across Canada in our PIN Valuation System. Must have business experience. Send your CV to eric@pin.ca.

JUDGES - LAWYERS - PARTNERS IN DIVORCE PROCEEDINGS
PARTNERS IN BUSINESS DISPUTES - BUSINESS BUYERS BUSINESS SELLERS - CANADA REVENUE AGENCY

Bring the judge a valuation based on experience and logic.
WHAT KIND OF BUSINESS VALUATION DO YOU NEED?
• FAIR MARKET VALUE - ONGOING OPERATION
• FAIR MARKET VALUE - ASSETS IN PLACE BUT NOT OPERATING
• ORDERLY LIQUIDATION
• ORDERLY LIQUIDATION VALUE OVER TWO TO FOUR MONTHS

• INSURANCE VALUATION
Are you insured for replacement costs of rebuilding a business after a loss including Intangible Assets? Have your insurer acknowledge and accept valuation prior to buying insurance.
• Value of recruitment and training of a group of employees to the position of cohesively working together as they were prior to the point of interruption, damage or loss.
• Value of rebuilding client base to where it was prior to the point of interruption, damage or loss.
• Value of reimplementation of systems and procedures in place prior to the point of interruption, damage or loss.

• LOANS:
Banks are losing a lot of business these days to lenders who understand intangible assets. Define the value of your intangible assets. If your bank is not considering the value of your clearly defined intangibles you need to find an new lender who is better educated in your business model. 		ABOUT US:

Our Valuations are generally half price or less than others. This is possible because we are more focused on Small Business Valuations and not working for Corporations.

The niche we serve is Small Business Valuations with special expertise in understanding intangible assets that are often missed as they don't show up on the Balance Sheet. In addition to Financial Statements I take into account; processes, procedures, value of supply chain, value of distribution network, knowledge base of owner and employees, value of employees (cost of recruitment and training as a group,) value of client base, Internet presence and use, documentation and risk.

The rate of return on the real Normalized Net Income is always the first and last consideration.

Value to who? The bank, the seller, the buyer; our valuations can include more than one.
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HOW TO ESTABLISH VALUE FOR TAX, SALE, OR OTHER LEGAL ISSUES.
HELPING BUYERS AND SELLERS UNDERSTAND VALUE

SELLERS:
Have a defense with a list of reasons to support asking price.

BUYERS:
Understand what you are buying and why the price is fair or not.
GROWTH:
Understand where the value is in your business so you can focus your growth on areas that are increasing in value.
VALUE FOR DIVORCE:
 You and your lawyer may want an inexpensive insight to help you negotiate.

INSURANCE NEEDS:
 How much insurance do you really need?
TAX NEEDS:
 Produce a list of reasons to support a position.
LOANS:
Present a clear picture to your lender of the assets your company owns; you may need clear identification of intellectual property and list of supporting reasons. You need to prove that hard assets represent only part of your value.

VALUATION EXPLAINED:
People assume a buyer will be able to understand what they are selling and how profitable your business is, based upon balance sheets and profit and loss statements. THEY DON’T. Most people do not understand financial documents. They may think from looking at your statements that you are not making much money. Financial documents and tax returns are (or should be) prepared to show your business making the least amount of money possible; thereby enabling you to pay the least amount of tax possible. NOT EXACTLY THE SORT OF THING THAT WILL IMPRESS A BUYER WHO DOES NOT UNDERSTAND.

This is why MOST PEOPLE need a common sense VALUATION. We take the information from your financials and find the TRUE NORMALIZED NET INCOME OF YOUR BUSINESS to show a prospective buyer what is really happening in your business when the tax considerations are taken away.

All of this is done in a way that ordinary people can understand; ordinary people like the buyer, the buyer’s spouse, a financial backer or a banker.

Recent Value Reports include a Cheese Factory in Canada, 2 Bagel Stores in New York near Manhattan and an Excavating Business in the Canadian oilfields.
When a small publicly traded TSX (Toronto Stock Exchange) listed company needed a report on fair value to meet TSX requirements they turned to Eric Jordan...

Testimonials at bottom of page.
Eric Jordan, President		 Free consultation.
Call or email now!
1-800-606-0310
(902) 332-3177
 eric@pin.ca

1959 Upper Water Street, Halifax NS B3J 3N2
How to value a Halifax business; the valuation or appraisal is a process.  Once we have all of the information we need, via the intake conference, your valuation report will be delivered to you approximately one week from the time we receive the financials, but could be prepared in as little as 48 hours in extreme circumstances. We refer to our evaluation as a Value Statement.
WE COME AT THIS FROM FOUR DISTINCT VIEWPOINTS:

EXISTING ACCOUNTING:
The view from an accounting perspective; relying on the the numbers created by the clients' existing accountant, then finding the real "normalized net income" through a proprietary process.

RISK:
Looking from the insurance viewpoint and assessing risk to buyer.

HUMAN CAPITAL:
From the point of view of a resume broker; assessing the value of the
human capital involved in the business.

INTELLECTUAL PROPERTY AND PROPRIETARY PROCESSES:
Understanding, assessing and estimating the intellectual property and proprietary knowledge that is transferred with the business.  Change of ownership and management does matter.
INTAKE CONFERENCE:
This is a 2 to 3 hour conference call that can include as many stakeholders as required.
As no two businesses are the same, the questions will vary.
Below is a list of some of the areas that we will cover.

(1) Why: What is the purpose of the valuation?

(2) Who: Value with whom owning and managing the business?

  • Your current value with current ownership and management?
  • Value with a new business owner with less experience?
  • Value with buyer like you with similar business management experience?
  • Value with an upscale buyer who has the financial ability to build on what you have accomplished in your business?
  • These WHO questions make a huge difference to the final appraisal.

(3) Normalized Net Income: I must understand what questions to ask to be able to determine the real 'Normalized Net Income.' This figure is seldom what you see in your year-end accounting, which is generally calculated to determine the lowest amount of tax legally payable.

  • Owners and families are often overpaid or underpaid depending upon individual tax situations.
  • What would the owner have to pay someone to fill his/her position in the business?
  • There are about twenty more normalizing questions that must be answered and these can be different depending upon the answers given to previous questions. This is where experience counts.

(4) Leasehold Improvements: These need to be covered regardless of whether the building is leased or owned.
It is important that the right questions are asked in any comprehensive appraisal.

(5) Hard Assets: Determining fair market value.
Book value means nothing if we want to know the true value of the business.

  • Business Equipment
  • Business Inventory

(6) Intellectual Property: Copyright, Proprietary Processes, Business Operation Manuals. These are your operating manuals; the step by step instructions on how to run your business and how to train others to operate your business. This greatly affects value; positively if it you have them and negatively if you don’t have them, and much more negative if it would not be possible for you to have a practical manual that would allow for your business to continue if you were unable to function.

(7) Value of Cash Flow: This is calculated by finding the normalized net income then multiplying it by a ratio determined by risk, opportunity, and the intellectual property affecting the means to produce.

(8) Soft Assets: Do you have intellectual property that has fair market cash value outside of your business?

(9) Risk: What are the possible risks to your business?
No appraisal can be completed without properly understanding risk.

  • How long is the business lease?
  • Are there reasonable options to extend the lease?
  • If the owner of the building also owns the business has the rent been paid at market rates?
  • Are you in a one industry area, or is the area changing?
  • Are industry trends your friend or enemy?
  • Are there any Government regulations?
  • Staffing?
  • Competition and pricing challenges?
  • Changes to accessibility? Road changes?
  • How good is the succession plan, and do you even have one?
  • Operations and Training Manuals - How complete?
  • Additional questions depending upon the answers given.

Your valuation report will be delivered to you approximately one week from the time we receive the financials, but could be prepared in as little as 48 hours in extreme circumstances.

As you can well understand, no computer program, gross sales or other rule of thumb guessing techniques are going to be helpful for you in determining the real value of your business. In fact, these techniques could harm you. Valuation and appraisal is our full time business.

Business Valuation
for Your Halifax Business
 Generally $1,000 to $5,000
Call for exact pricing for your situation.


Eric Jordan, President		 Free consultation.
Call or email now!
 (902) 332-3127
1-800-606-0310

1959 Upper Water Street,
Halifax NS Canada B3J 3N2

 eric@pin.ca
Business Valuations / Appraisals
 Certified by Eric Jordan, CPPA.
 • Appraisals to Support Litigation
• Qualified Expert Witness

PAYMENT BY VISA, MASTERCARD, AMERICAN EXPRESS or DISCOVER.

Visit our main website at www.pin.ca to browse all of our
business opportunities and homes for sale by owner.

REFERRALS / TESTIMONIALS

How to value a Halifax business or price businesses in Halifax using valuation and appraisal principles - $1,000 to $5,000.

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