M&A Market Snapshot: Sector Valuations CPAs Should Watch 

CPAs are trusted advisors. That means they’re often the first to hear when a client is thinking about a sale or restructuring. By having a pulse on sector valuations, a CPA can engage in those conversations with confidence. To help, Viking is committed to providing market-leading transaction insights. Here, we analyzed our most recent 100 transactions. Based on that data, we’re …

The Mirage of Hypothetical Added Value (HAV): Unveiling Real Business Worth

As veterans in mergers and acquisitions, Viking M&A often encounters business owners devoted to including hypothetical value in their business’s worth. So, while EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a widely utilized metric in the financial world, many business owners prefer EBITDA-HAV.    What is EBITDA-HAV? I’m so glad you asked. It is incredibly tempting to believe …

Business Valuation vs. Appraisal

When discussing the concepts of business valuation vs. appraisal, the terms are commonly used interchangeably. However, they actually refer to two different processes with distinct purposes and methodologies. Let’s dive into what sets them apart.    Valuation vs. Appraisal: Two Main Distinctions 1. Physical Assets vs. Intangible Assets Appraisal of Physical Assets: Physical assets like machinery, real estate, and inventory …

Planning and Small Business Valuation

Chess is one of those games where you can go from being on top of the world to an emotional pit in a short amount of time. Lately, one of the more frustrating things that happened during a game was what’s called a fork. A fork occurs when your opponent positions their pieces, so you must take a loss and …

The Right Exit Strategy – How Viking Mergers Helped Karen Enloe Sell Her Business

When Karen Enloe began considering selling her Asheville- based pottery distribution business, The Pottery Market, she knew she needed the right exit strategy. She had worked hard for many years in the business and was looking forward to a new chapter in her life. Karen turned to Eric J. McKeehan and Jeff McKeehan of Viking Mergers & Acquisitions of Asheville to develop the right plan to accomplish her …

How to Value a Business: One Part Art…One Part Science

In order to sell your business for top dollar, you must demonstrate its value. That value is based on a lot of numbers and calculations, but it also includes factors that can be harder to capture on paper. The reality is, conducting a thorough and accurate business valuation is both an art and a science. Most buyers focus on the …