How to Value an IT Business

As a business owner and entrepreneur, the importance of planning for the future of your IT business is likely at the forefront of your mind, especially in today’s economic climate. The forward-thinking nature of an entrepreneur, especially in the technology space, is a valuable trait for staying a step ahead of trends and cycles of business. But, time and again, …

IT Business Trends Post COVID-19

The impact of COVID-19 has been felt worldwide for the greater portion of 2020. The technology sector has experienced as much of an impact as any, from raw materials supply to electronics value chain disruption to increased security demands.  With an acceleration in remote working and schooling, IT businesses have seen a rising demand for cloud infrastructure services, increased spending …

Our Clients Speak: Seller Success Story

Viking Mergers is successful when our business owners successfully sell their business and achieve their goals. Below is a testimonial from a recent seller and former business owner, Chad Todd on his experience working with Viking. “In the beginning of 2019, my business coach introduced me to Jay Offerdahl at Viking. We did a call and he suggested for me …

What MSP Owner’s Should Know Right Now: Q&A with Dan Wilson

There is incredible demand in the market right now for acquisition in the Managed Service Provider’s (MSP) space.  This week we had a chance to sit down with former business owner, now Raleigh Managing Partner, Dan Wilson to talk about movement in MSPs and opportunities for MSP owner to sell their business. Q:  Dan tell us a bit about your …

How often should I re-value my business?

Especially in today’s economic climate, it is common for a business owner to wonder, “How often should I re-value my business? “or “How long is a business valuation valid?” The short and sweet answer is once a year. The long and honest answer is it depends. First, the answer depends on the purpose of the valuation. It then depends on …

Top 4 Business Valuation Methods: Which Business Valuation Formula is Right for Me?

Multiple business valuation methods can be used to determine a business’s value. Although several methods are considered standard, when compared to each other, one business valuation formula will undoubtedly result in a different value than another formula. Add to that the wide variation of industry-specific factors, and you can understand why valuing a business is really more of a craft …

COVID-19 Valuation Considerations

If you are a business owner, you have undoubtedly wondered how much longer we will face this global pandemic. You have probably also wondered, “What is the effect of COVID-19 on business valuations?” The short answer is: It depends. Here are some more details to help explain the effect of COVID-19 on business valuations: How will COVID-19 affect business valuations? …

How to Value a Business (Accurately)

Knowing how to accurately value a business involves multiple methods and formulas. When comparing and using multiple valuation methods, this will commonly result in different values for each valuation method. Utilizing these variations of value can actually help provide a more well-rounded valuation; but add the abundance of industry-specific considerations, and suddenly, “how to value a business” becomes much more …

How to Accurately Value a Business

How to Accurately Value a Business A business valuation is the single most useful piece of financial information about any company. If you are an entrepreneur, knowing your business’ market value is always important, but it is most necessary when attempting to find a new owner for your business. At Viking, we pride ourselves on providing business owners with the …

Why Every Business Owner Needs a Valuation

“Why do I need to know the value of my business today if I’m not ready to sell?” This is a question we hear all too often; if I’m not ready to sell, why do I need a business valuation?  A comprehensive business valuation provides the business owner with essential information that can be used to guide future strategic planning.  …