SYE works to create a win-win situation for all parties involved. Every business requires a large investment of time, money, and effort. Business owners deserve fair valuations based on concrete numbers, industry data and business performance.
Business valuations are based on EBITDA, SDE or profit valuations at industry-specific multiples. While every business is unique, there are categories and industry standards within each one.
If too low of an offer is given, a buyer risks offending the business seller, damaging the relationship and losing the deal. One of the most important factors within an acquisition is a fair offer that provides a positive outcome for both the buyer and seller.
In addition to the traditional valuations of companies, Wick also is unique as an investor in recognizing intangible assets.
Some assets simply do not show up within a profit and loss statement, and Wick has a keen eye for recognizing these intangible valuables. For example, a large customer list and social media following that would be valuable for marketing efforts increased the valuation of his first eCommerce acquisition.