From our desk to yours…

If we asked you to tell us about your business what would you say?

Would you share your stories of your history and how it all came to be…

Would you reveal the late nights and early mornings and years of hard work you put in…

Would you reminisce about the bonds created between your employees and team members…

Would you detail the challenges you had to overcome to get to where you are today…

Would you explain the effort and precision you put forth in building quality for your customers…

All in all, days turned to months, months turned to years. And over the years, you built something.

You built a legacy.

Recent surveys show that close to 80% of business owners expect to fund their retirement through the sale of their business. However, in the same survey less than 4% knew the value of their company.

Singleton Valuations was created to help business owners and their advisors bridge the valuation knowledge gap. Our expertise in valuation advisory can mean the difference in you realizing the full worth of what you built as oppose to leaving a significant portion on the table. 

We are conveniently located in the Central Park area of Denver, Colorado.

We help our clients with traditional services including preparing valuations for mergers & acquisitions, buy/sell agreements, purchase or sale of ownership interests, financing, and business planning purposes.

Additionally, we specialize in value build strategies and tactics that when deployed correctly and early enough, can create windfall differences in transition value down the road. Using quantitative ROI driven metrics, we help clients identify and execute on significant benchmarks that close valuations gaps in their company. These services are appropriate for established businesses still years away from any transition event. We subscribe to and recommend the Walton philosophy (start planning early, after Sam Walton who began strategically planning for his transition 35 years prior to stepping down from operations), and find the earlier clients begin thinking about this the more that appreciated value occurs in their enterprise.

We strive to be the best at what we do for our clients. As a result, we relentlessly work to improve our abilities, processes, and results. We hire only the most qualified professionals, requiring at minimum a CVA, ABV or ASA credential, the highest standards specific to business valuation. Additionally, our growing network of specialist means our clients can receive precise expertise on a case by case basis.

We would love to learn more about you and your specific needs, and if our services might be appropriate. Please reach out through the contact form below.

What’s New At Singleton Valuations?

From Our Resource Section...
Timeline for Business CCC.png
Using The Cash Conversion Cycle

It is not likely that you will hear an Analyst praise a company’s increase in average days payable. Nor will you hear a CEO boast about having an industry low DIO. It’s not even common that a company will go out of the way to alert you that their DSO is improving, even though that would mean they are receiving cash faster. While these metrics are far from popular, they form the basis for the calculation of the Cash Conversion Cycle or CCC.

The Cash Conversion Cycle isn’t exactly a headline-grabbing metric in itself. It is primarily used by accountants and business operators to gauge the efficiency and internal performance of the business. While not an overly popular metric, understanding it can give you a leg up on spotting an opportunity.

In this post, we will discuss what the Cash Conversion Cycle is, how you can calculate it, and how you can use it to your advantage.

What is the Cash Conversion Cycle?

Six Checks To Spot Cash Flow Manipulation
Six Checks To Spot Cash Flow Manipulation

If you are evaluating an acquisition opportunity it is vital to understand how well the underlying business model of a company is performing. Earnings are what people talk about, cash is what keeps the business going. It would be logical to assume that cash flow is less prone to manipulation and an overall truer metric for understanding company performance. However, you should know what you see on cash flow statements isn't always what it seems. In this post, we will explore just a few tactics that make cash flow look better than what it is.

Understanding Business Cycles
Understanding Business Cycles

Business cycles are fascinating. Driven by human nature, business cycles go through phases of expansion and contraction displaying similar patterns over and over again. In this post, we are going to explore the stages of a traditional business cycle and what to look out for at each phase.

Detecting Manipulation - Expenses & Losses Edition
Detecting Manipulation - Expenses & Losses Edition

Most public companies play to the tune of short-term results. Driven by compensation incentives, management is expected to create a company performance that will meet the praise of investors. Earnings that meet or exceed expectations give way to a rising stock price, and who doesn't like a rising stock price? It is the pressure (or incentive) of short-term results that often lead management to actions of unethical tactics. In this post, we will explore ways management can artificially boost earnings through the manipulation of liabilities and expenses.

Berkshire Hathaway Subsidiaries

The list of wholly own subsidiaries by Berkshire Hathaway can be somewhat astounding. It is no secret Warren Buffett loves buying companies whole. What you may or may not know is that he also encourages the companies he acquires to pursue acquisitions of their own. While you can find a current list of subsidiaries on the Berkshire Hathaway website, we took it upon ourselves to map out the overall architecture of this conglomerate. The visual below includes not just those direct subsidiaries but also the directly owned subsidiaries of those companies.

We attempted to visually organize the list in a similar format as to how Buffett classifies the businesses inside his annual shareholder letter. Buffett reports the entirety of Berkshire Hathaway in four separate categories:

Why wait? Let’s get started…