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Free · the buyer’s-eye review

Increase the value of your business — see it the way buyers do.

Our AI and deal team look through your business and give you the input a buyer would: what they pay for, why, how they price it — and how to improve each piece. Sell now, later or never.

  • Free, private account
  • No obligation to sell
  • Every fix priced in dollars

What a buyer would say

“Estimating and the two biggest accounts still run through the owner.”

Multiple Earn-out

Illustrative · sample business, not a real client

Recent closings

Jan 2026 · Northeast~$9.0M + earn-out

Multi-location dental group, acquired by a national platform.

Sep 2026 · South$2.8M

Two-location family practice, sold to a dental partnership.

Sep 2026 · SoutheastRescued

First buyer stalled after signing; we brought a second and closed.

All recent transactions
$300M+In transactions supported
$94MLargest sell-side closing advised
2019Founded
$0Upfront · success fee only at close

How buyers turn your business into a price

The price isn’t one number. It’s earnings, risk and terms.

To increase your business valuation, you move one of these pieces. Some value drivers raise or lower the multiple. Others change how — and whether — you’re paid.

Step 1Adjusted earnings

Your profit, with owner-specific costs added back. Moved by your books, add-backs, margins and working capital.

Step 2The multiple

What buyers pay per dollar of earnings. Moved by risk and growth: recurring revenue, owner dependence, concentration, team.

Step 3Headline price

The number in the letter. Only the start.

Step 4The terms

How and when you’re paid: cash at close, earn-out, holdback, seller note, the working-capital target.

What mattersWhat you take home

Competition between buyers is what moves price — and terms.

The five ways buyers price a weakness

Multiple

Lower risk earns a higher multiple of your earnings; more risk, a lower one.

Price cut

A lower price — often after diligence finds a problem.

Holdback

Part of the price held in escrow to cover a specific risk.

Earn-out

Part of the price paid later — only if targets are hit.

Deal risk

Serious enough to delay a deal, or make a buyer walk away.

The value-driver system

Sixteen things buyers pay for. And how to improve every one.

Buyers value these because they decide the long-term health of the business — not just the sale. For each: what buyers look at, why it matters, how they price it and how to improve it.

01 · Revenue & customers

Recurring & repeat revenue

MultipleEarn-out
What buyers look at
How much of next year’s revenue is already likely — service agreements, memberships, contracts, repeat customers — and how long customers stay.
Why it matters beyond a sale
Predictable revenue lets you plan hiring and equipment, and it carries you through slow months.
How buyers price it
Often the biggest single lever on the multiple. Contracted or repeat revenue is valued well above one-off project work.
How to improve it
Turn one-off customers into plans — maintenance agreements, memberships, retainers. Track renewals. Put agreements in writing.
02 · Revenue & customers

Customer concentration

MultipleEarn-out
What buyers look at
The share of revenue from your largest customers, and whether those relationships are contracted or depend on you personally.
Why it matters beyond a sale
Losing one customer should never put payroll at risk.
How buyers price it
Heavy concentration lowers the multiple and often moves part of the price into an earn-out tied to those customers staying.
How to improve it
Grow the next tier of customers, get big accounts on written agreements, and bring your team into the key relationships.
03 · Revenue & customers

Growth trajectory

MultipleEarn-out
What buyers look at
Revenue and profit over the last three years, and whether there is a credible, documented path to more.
Why it matters beyond a sale
Growth funds raises, equipment and options. Flat businesses tend to drift.
How buyers price it
Steady, explainable growth supports the upper end of the range. A decline lowers it — and invites an earn-out to bridge the gap.
How to improve it
Track your pipeline and bookings, write down where growth will come from, and avoid a dip in the year before a sale.
04 · Revenue & customers

Gross margin trend

MultiplePrice cut
What buyers look at
Whether gross margin is steady or improving, by service line, and whether your pricing keeps up with labor and material costs.
Why it matters beyond a sale
Margin pays for everything else. A slipping margin is an early warning.
How buyers price it
Shrinking margins make buyers doubt future earnings and can lower the multiple. Healthy margins by line support it.
How to improve it
Review pricing at least once a year, know your margin by service or customer, and reprice or drop work that doesn’t pay.
05 · You & your team

Owner dependence

MultipleEarn-out
What buyers look at
What happens if you’re gone for a month: who sells, who prices jobs, who holds the key customers and licences.
Why it matters beyond a sale
A business that needs you every day owns you. One that runs without you gives you time and options.
How buyers price it
High dependence lowers the multiple and often means a longer transition, an earn-out, or employment terms for you after the sale.
How to improve it
Hand off sales, estimating and key relationships. Take real time off and note what broke. Put a second person on every critical task.
06 · You & your team

Management team depth

Multiple
What buyers look at
Whether capable managers sit under you, with clear roles — and whether they would stay after a sale.
Why it matters beyond a sale
A bench lets the business grow past what one person can carry.
How buyers price it
A team in place widens the buyer pool and supports the multiple. “Mostly me” narrows both.
How to improve it
Promote or hire a strong #2, give managers real responsibility for results, and consider incentives that reward them for staying.
07 · You & your team

Key-employee retention

MultipleEarn-out
What buyers look at
Tenure, turnover, and whether licensed or hard-to-replace people are likely to stay through a change of ownership.
Why it matters beyond a sale
Turnover is expensive, and it shows up in service quality.
How buyers price it
Retention risk can lower the multiple, and buyers may tie part of the price to key people staying.
How to improve it
Pay competitively, build career paths, and plan retention arrangements for key people with your advisers.
08 · You & your team

Systems & SOPs

Multiple
What buyers look at
Whether the way work gets done is written down — scheduling, estimating, quality, onboarding — and lives in software, not in heads.
Why it matters beyond a sale
Systems make results repeatable and training faster.
How buyers price it
Documented systems reduce perceived risk and integration work, which supports the multiple. Undocumented ones add risk.
How to improve it
Write down the ten processes that matter most, run them in one system of record, and review them with your team.
09 · Books & contracts

Quality of financials & add-backs

Price cutHoldbackDeal risk
What buyers look at
Clean, timely books; statements that tie to your tax returns; add-backs — owner pay above market, personal and one-time costs — that are documented.
Why it matters beyond a sale
Accurate numbers mean better decisions, better bank terms and fewer surprises.
How buyers price it
Messy books or unsupported add-backs get removed in diligence — lowering the earnings the multiple applies to — and can trigger re-trades or a walk-away.
How to improve it
Close the books monthly, keep personal costs separate, and keep a documented add-back schedule. Consider a quality of earnings review before a sale.
10 · Books & contracts

Working capital

Price cut
What buyers look at
Receivables, payables, inventory — and the normal level the business needs to run.
Why it matters beyond a sale
Tight cash control funds growth without borrowing.
How buyers price it
Most deals set a working-capital target. Deliver less than the target at closing and the price is adjusted down.
How to improve it
Bill promptly, collect faster, manage inventory — and know your normal level before anyone negotiates the target.
11 · Books & contracts

Contracts & leases

Deal riskHoldback
What buyers look at
Customer and supplier contracts, your lease term and renewal options, and whether agreements can transfer to a new owner.
Why it matters beyond a sale
A secure location and solid agreements protect the business from surprises.
How buyers price it
A short lease or contracts that need consent to transfer add risk — they can delay a deal, reduce the price or become a condition of closing.
How to improve it
Add renewal options to your lease, review assignment clauses, and get key relationships on paper.
12 · Books & contracts

Supplier concentration

Multiple
What buyers look at
Dependence on one supplier, distributor or platform, and how easily it could be replaced.
Why it matters beyond a sale
A single supplier controls your costs and your availability.
How buyers price it
Dependence adds risk that can weigh on the multiple, especially if terms could change after a sale.
How to improve it
Qualify a second source, put supply terms in writing and keep an eye on pricing.
13 · Durability & position

Compliance & licences

HoldbackDeal risk
What buyers look at
Licences, permits, certifications and regulatory history — and who holds them.
Why it matters beyond a sale
Compliance gaps can stop operations or bring fines.
How buyers price it
Gaps usually lead to escrow, holdbacks or special indemnities. Serious issues can stop a deal.
How to improve it
Audit your licences and who holds them, fix open issues now, and keep the records organized.
14 · Durability & position

Technology & data

MultiplePrice cut
What buyers look at
The software you run on, the quality of your customer data, and basic cybersecurity.
Why it matters beyond a sale
Good data shows you which customers and services actually make money.
How buyers price it
Clean data speeds diligence and supports your story. Outdated systems may be priced as a cost the buyer must fund.
How to improve it
Keep your CRM and job or scheduling system current, clean up customer records, and secure access and backups.
15 · Durability & position

Brand & reviews

Multiple
What buyers look at
Your reputation online, review ratings and volume, how customers find you — and whether the brand depends on your personal name.
Why it matters beyond a sale
A strong reputation brings in work you don’t have to pay for.
How buyers price it
A strong, transferable brand supports demand and the multiple. A brand tied to you personally is harder to hand over.
How to improve it
Ask happy customers for reviews, answer every review, and build marketing that doesn’t rely on you.
16 · Durability & position

Market position

Multiple
What buyers look at
Your niche, local share and competitive edge — and how the business fits a particular buyer’s strategy.
Why it matters beyond a sale
A defensible position protects your pricing.
How buyers price it
Strategic fit can lead a buyer to pay more than a purely financial buyer would. Competition between buyers is what moves price.
How to improve it
Know what makes you different and document it, strengthen your niche, and learn which buyers want what you have.

Every business weighs these differently — an HVAC company lives on service agreements, an accounting firm on client retention. Your free account scores the drivers that matter most for your business and prices each fix in dollars.

Buyer Simulation · free in your account

Find what a buyer would discount. Before they do.

Our AI works through your business the way a skeptical acquirer would — the questions they’ll ask and the discounts they’ll push — so you fix problems while they’re still cheap, not in diligence where they cost you money.

  • What would a PE buyer challenge?
  • What would a strategic discount?
  • What will diligence uncover?
  • Where does it depend on you?
  • Which customers concentrate risk?
  • Which add-backs won’t survive scrutiny?
  • What could trigger a re-trade?
  • What would make a buyer walk?

Illustrative · sample business, not a real client

Your value-growth roadmap

From “what’s it worth?” to selling from strength.

Good exit planning starts early: the owners who exit best start 6 to 24 months early. Whether you’re preparing your business for sale or just building it, here is what that time can look like — with no obligation to ever sell.

Now

Know where you stand

  • Your valuation: the range, and where you land
  • Your value drivers, scored
  • Buyer Simulation: what a buyer would discount
  • Your fixes, ranked and priced in dollars

In your free account · week one

6 months

Quick wins

  • Monthly books and a documented add-back schedule
  • Key customers and suppliers on paper
  • Renewal options on your lease
  • Start handing off estimating and sales

Ask Vera and the team as you go

12 months

Structural fixes

  • A #2 with real authority
  • Recurring programs growing as a share of revenue
  • Your top ten processes written down
  • The next tier of customers growing

Your range kept current

24 months

Sell from strength — or don’t

  • A trend buyers can see
  • A business that runs without you
  • Buyer relationships built quietly over time
  • Offers if and when you want them

Your call, on your timeline

An example path. Your account builds your own order of fixes, based on what buyers would price highest for your business.

Sell now, sell later, or never

Whatever you decide, it still pays.

Sell now

Know what to fix fast — and what to explain.

Some issues can be fixed in weeks. Others are better explained up front, with the numbers, than discovered in diligence. You go to market knowing what buyers will see — so the price you’re offered survives scrutiny.

Sell later

Time to fix the big-ticket items.

A team under you, recurring revenue, less concentration — the fixes buyers pay most for take time. Start now and every year of profit is priced on a stronger business when you sell.

Never sell

You still own a better business.

Predictable revenue, a team that runs without you, clean books — buyers pay for them because they make a business more profitable, easier to run and less dependent on you. That pays whether or not you ever sell.

Ongoing monitoring and support

The review is the start. Your account keeps working.

  • Your value range, kept currentUpdated as market benchmarks change, so you can see where you stand.
  • Your Exit Profile, rememberedYour drivers and fixes stay in your account — you never start over.
  • Vera, any hourAsk about value, buyers, terms or timing — answers grounded in your business.
  • A free read of any offerUpload a letter of intent and see what it really says before you sign.
  • The team, when you want a personA senior member of the deal team, whenever you want one.
  • And when you’re ready: a better saleA confidential, competitive process. $0 upfront — a success fee only at close.

Illustrative · sample account

The buyer’s eye, from people who talk to buyers

Our AI does the work. The team answers for it.

The review is built by our AI and informed by a senior deal team that talks to buyers every day — with $300M+ in transactions supported across the Wolfson Equity family. Ask Vera any hour; ask the team whenever you want a person. You sign off on everything.

Meet the team

Tamir Wolfson
Tamir WolfsonManaging Partner
Saransh Bhatt
Saransh BhattSenior Director
Louise Crivelenti
Louise CrivelentiHead of Sentinel Corporate Development
Corey Young, DDS, MBA, CVA, ABI
Corey YoungDirector of Sell-Side Engagements
Adam Taha
Adam TahaDirector, M&A & Private Equity
Liz Hardy
Liz HardyVP Relationship Management

Free · your buyer’s-eye review

See your business the way buyers will. Then make it worth more.

Open your free, private account. Our AI and team look through your business and show you what buyers would value, what they would discount — and what fixing each piece is worth.

  • Your value drivers, scored
  • Buyer Simulation — what a buyer would discount
  • Your fixes, ranked and priced in dollars
  • Your range, kept current
  • Vera any hour, and the team
  • No obligation to sell, ever

Create your free account

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  • Vera, our AI — ask anything about your business, any hour
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  • Your Exit Profile — every fix priced in dollars
  • A free expert read of any offer or LOI
  • A senior principal, whenever you want one

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Straight answers

Increasing business value: your questions.

More in our guides: adjusted EBITDA and add-backs and preparing a business for sale — or ask Vera in your free account.

How do I increase the value of my business?

Work on what buyers pay for: more recurring or repeat revenue, less dependence on you, less customer concentration, clean financials with documented add-backs, a team under you, and written systems, contracts and leases. Buyers price these through the multiple and through the terms — price cuts, holdbacks and earn-outs. Your free account shows which matter most for your business and what fixing each is worth in dollars.

What do buyers look at when they value a business?

Your adjusted earnings, and the risk behind them. Buyers look at how recurring your revenue is, how concentrated your customers are, how much the business depends on you, the depth of your team, the quality of your books and add-backs, margins, growth, working capital, contracts and leases, compliance, technology, brand and market position.

How long does it take to increase business value?

Some fixes take weeks — documenting add-backs, putting key customer agreements in writing, reviewing your lease. Others take a year or more — building a management team, shifting revenue to recurring, reducing concentration. The owners who exit best start 6 to 24 months early.

Is the buyer’s-eye review really free?

Yes. It lives in your free account, with no obligation to sell. We’re paid one way only: a success fee if you sell your business through us and the sale closes — paid from closing proceeds and agreed in writing first. $0 upfront: no retainer, no listing fee.

I’m not planning to sell. Is this still worth it?

Yes. The things buyers pay for — predictable revenue, a team that runs without you, clean books — also make a business more profitable, easier to run and less dependent on you. If you never sell, you still own a better business.

What is Buyer Simulation?

Buyer Simulation is part of your free account. Our AI works through your business the way a skeptical acquirer would — the questions they would ask and what they would discount — so you can fix issues before a buyer finds them in diligence.

What happens after the review?

You keep your account: your value range kept current, Vera to answer questions any hour, and the team when you want a person. If and when you decide to sell, we can run a confidential, competitive process — $0 upfront and a success fee only if it closes. There is no obligation to sell or to accept any offer.

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