Regardless of the type of business you are selling, buying or managing, you need to be confident in its value. So, where is a good place to start? Our argument is that running a comparables report on similar businesses is the best place to start. Similar to home ownership– when you are buying or selling your home –you want to know things like–If I buy in this neighborhood or in this school district will the home values increase or decrease? So, what do we do to figure this out–we hire real estate agents and the first thing they do is run comparable reports on the market with a set of parameters.
And that is exactly why Peercomps is the best place to start when you are looking to buy a business, sell a business, or if you are interested in learning how to increase the value of an existing business. Why Peercomps? It’s simple. The Peercomps transaction data (or comparables data) comes from the most reliable source out there . . . the Lenders who financed those transactions through a qualified SBA 7(a) lending program. The Peercomps data is comprised solely of these transactions, which is the reason why the data is so consistent, reliable, and accurate. It’s simply the cleanest and highest quality small business transaction data available.