Examples of
How Our
Service Works...
(1) I spoke recently to the owner/former owner of a
focused Bearing and Hydraulics Supply Store. He was able
to use our value statement to help him explain what he
had for sale. Using the PIN Value Statement he was able
to sell the business to his employees as it made common
sense to them. The paperwork for the sale is done and
the sale is in progress. Owner feels his employees would
not have understood an official Appraisal or Valuation
that he estimates would have cost 10 times more than my
Value Statement. My client, the business owner, stated
to me that his accountant was impressed with the work I
did. (my
client has given me permission to give his name, phone
number and business name to qualified people)
(2)
I had a Certified General Accountant (CGA), from London,
Ontario, who owned a business. He felt he knew what his
business was worth, but wanted verification. He wanted
to know how an outside buyer would view things. We
plugged his numbers, estimates, and conclusions into my
formula and came up with $418,500. My formula and
my reasons were completely different from how he came to
his estimated $400,000 Value. He was very happy to pay
me the $375.00 This took about an hour on the phone and
another 2 hours work for me afterward – all of which I
emailed to him. The accountant now had logical reasons,
with his real numbers, to support his asking price. This
was presented in a manner common people could
understand. (client name available upon qualified
request)
Eric Jordan, the founder of PIN will ask the business
owner a series of proprietary questions. The best
estimates provided will be used to create a detailed
analysis for you to share with your accountant.
Within an hour you and your accountant will make any necessary
revisions to the numbers, plug everything into the
formula and not only realize, but also understand the
true value of your business.
