Grow your valuation services with reduced risks
Demand for business valuations is about to explode!
Get ready & scale up
The Federal Government Budget has announced CGT changes that will significantly increase demand for compliant business valuation services.
To accurately assess their capital gain tax exposure, all business owners will need a compliant business valuation as at 1/7/2027 to establish their asset tax cost base.
This is a generational growth opportunity that includes valuing YOUR practice.
Consider the numbers – multiply the average SME valuation fee ($5k+) by the number of SME clients within your practice.
These changes will create opportunities to deliver at least 3 new services to every business owner!
Practices that respond early will be best positioned for growth.
Don’t wait until July 1 to help your clients:
• Segment your client base
• Focus on clients most likely to be significantly impacted
• Offer proactive tax planning advisory solutions
• Give your clients time to implement strategies to minimise future GCT tax liabilities
Tax Planning Advisory Solutions
Internal Valuation + Benchmarking + Advice = Tax Minimisation
To help accountants and SME advisers make the right decision in relation to the provision of valuation services – internal service offering, outsourced, or establishing a referral partnership, Bstar has released a practical Business Valuation Services Resources Package featuring:
• Small-Family-SME Business Valuation Services White Paper
• Known Concerns, Risks and Flaws Checklist
• ‘Rule of Thumb’ Multiple Case Study
• Data Mining App. Insights
• A Flipbook with additional Practical Case Studies
• Services and Pricing Model
Business owners will expect their accountant and SME advisers to explain the impact of the CGT changes and what is the best valuation outcome to minimise tax. Valuations that meet ATO requirements will be a key element.
A compliant valuation approach and report must avoid two common and unacceptable risks:
1. Reliance on, or acceptance of, a ‘rule of thumb’ multiple;
2. Failure to source comparable validation data.
Not all valuations are ATO compliant – identify known risks & flaws by reviewing Bstar’s Business Valuation Services Checklist.
Any ‘No’ response identifies a risk, requiring a review of processes & sources of data.
Get ready
It takes time to develop credible and scalable business valuation capabilities.
You will need process discipline, practical experience, and the implementation of risk management procedures to lower PI insurance costs.
Scale up
Subscribe to Bstar’s scalable, data-backed valuation & advisory tech solutions.
Fast track your pathway to offering replicable business valuations supported by evidence to defend each assumption & conclusion of value.
What is in the Judgement & Data White Paper?
• Five factors to provide replicable and defensible business valuations
• Case studies – critiquing a valuation, broker appraisals and demonstrating the power of non-financial KPI data
• Introducing 1.77 million independent, data validation benchmarks
• Concerns, Risks and Flaws
There are common recurring issues when determining accurate valuations of Small, Family and SME businesses.
The White Paper focuses on ways to improve the quality of valuation services with deeper analysis, supported by industry and business specific, consistent data which is independent of the valuer and the client.
The most trusted business valuation tool & benchmarks
If you are looking to offer business valuation services, below are some of the reasons why Bstar’s Business Valuation Tool & Benchmarks are considered the gold standard.
Market Value Benchmarks: Exclusive AUS & NZ Small Business, SME & ME Data
New automated data mining capabilities enables you include this unique & valuable information in your clients’ business valuation compliance & advisory reports.
Business Valuation Services: Opportunity Cost?
The diagram below illustrates the loss in potential fees per client ($3.5k to $82k) for accountants & financial advisers who don’t offer transactional & business advisory valuations.
Demand for business valuations soar
Bstar’s accounting industry insights confirm the demand for business valuations is soaring during COVID-19. Succession planning is one of the main triggers for this, as owners are starting to realise their own mortality and take action to reduce stress, share risks and workloads.
Business Valuation & Improvement Planning Guide & Online Course
Bstar’s Guide and Online Course can help and support your clients to minimise or leverage the impact of external risks like the Coronavirus, optimise business performance and value.
The Guide features 20 short videos that will enable your clients to succeed in business and obtain one of their key end goals – Financial Independence.
The Online Course is an education solution to help you to get more traction with your business valuation and advisory solutions.
These creative solutions apply to all businesses and can be positioned as a significant value-add you can offer your clients as part of your tax planning reviews or general tax programs.
Patented business valuation tool
Streamline your valuation services process, reduce professional risks and attract new clients by accessing Bstar’s Business Valuation Tool and Benchmarks. The Tool uses a patented algorithm that scientifically determines the profit multiple or capitalisation rate when valuing a business.
Patents have been secured in Australia, New Zealand, Canada and the United States of America.
Industry valuation benchmarks
By subscribing to the Business Valuation Tool, you will also have access to one of the largest SME valuation benchmark databases that increases by 50 – 200 new valuations each month. This means, as part of your valuation services process, you are able to compare your profit, cap rate and value amounts to your clients’ industry average and benchmark. These benchmarks will protect the integrity of your value assessment as they closely align to what businesses are buying and selling for on the open market.
Special Features
The reports are APES 225 compliant and the application meets regulatory guidelines for SME valuations.