Owners searching for a "business valuation in Miami" usually want to know three things: what's included, how long it takes and whether they need a formal appraisal. Here's a plain answer.
Types of valuations
- Quick estimate: an online calculator like our free estimator. Minutes, rough, useful as a starting point.
- Buyer's valuation: what a specific buyer will pay, based on your financials and conversations. Free when you talk to buyers like us.
- Broker's opinion of value: a broker's market-based estimate when you're considering listing.
- Formal appraisal: by a credentialed appraiser, often needed for estates, divorce, partner buyouts, SBA loans or tax purposes.
What's typically included
- Review of 3 to 5 years of financial statements and tax returns.
- Normalization: adding back owner and one-time expenses to find true earnings (SDE or EBITDA).
- Analysis of customers, contracts, team, equipment and risks.
- One or more approaches: market (comparable sales), income (earnings or cash flow) and asset-based.
- A value conclusion or range.
How long does it take?
A quick estimate takes minutes. A buyer's valuation usually depends on how fast you can share documents. A formal appraisal generally takes longer and depends on the appraiser and complexity.
How long is a valuation good for?
A valuation reflects a point in time. Changes in your earnings, a major customer, or market conditions can make it outdated. Many owners refresh it when something material changes or before a sale.
Do you need a formal appraisal to sell?
Not usually. For a sale, what matters is what a buyer will pay and on what terms. Formal appraisals matter more for legal, tax or lending purposes.
Want a buyer's view of your business? Request a free, confidential valuation.
This guide is general information, not legal, tax or financial advice. Consult your own attorney and CPA.