Insights

FMV Insights

Practical analysis for owners of growing, privately held companies, written for people who do their research before they hire.

Selling a business

What a buyer's quality of earnings review does to your valuation

Why the number in a letter of intent so often changes after diligence, and how to see it coming.

Growing companies

Owner dependence: the discount most founders never see coming

How buyers measure the risk that value leaves with the owner, and practical ways to reduce it.

Equity incentive plans

What a phantom equity plan needs from its annual valuation

Consistency, documentation, and the questions participants will eventually ask.

Selling a business

Add-backs that survive diligence, and the ones that don't

A practical look at which adjustments to earnings buyers accept and which they strike.

Growing companies

Why revenue growth doesn't always mean value growth

Margins, customer mix, and the quiet ways a growing company can become less valuable.

Selling a business

An unsolicited offer arrived. What to answer before you respond

The questions that separate a serious offer from a fishing expedition.

Start with a conversation.

The first call is a chance to understand your goals and decide whether we’re the right fit. There’s no obligation.

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