Whether you’re planning to sell, taking on a partner, or just want to know what you’ve built — we provide practical business valuation analysis for small and mid-market companies across all 50 states.
Business Valuation Services
Whether you’re planning to sell, taking on a partner, securing financing, or just want to know your number — a professional business valuation gives you the real answer. We use recognized income, market, and asset approaches, selected for the company and the decision at hand.
We compare your business against comparable transactions in your industry — what businesses like yours actually sold for. This is the most relevant method when preparing for a sale or acquisition.
Discounted cash flow analysis projects your business’s future earnings and discounts them to present value. Used for stable, profitable businesses with predictable cash flow.
Most small business acquisitions are priced at a multiple of EBITDA. We determine your adjusted EBITDA, identify the right industry multiple, and show you exactly how a buyer will price your business.
For asset-heavy businesses, real estate holding companies, and situations where the book value matters — we calculate net asset value including tangible and intangible assets.
Adding or removing a business partner requires an agreed-upon value. We provide structured valuation analysis that helps both parties understand assumptions and gives them a clearer basis for negotiation.
Some lenders require an independent business valuation for SBA 7(a) loans, acquisition financing, or other credit decisions. Confirm the lender’s appraisal requirements first; we can help organize the financial inputs and coordinate an appropriate scope.
The Value Drivers
Two businesses with the same revenue can have very different valuations. Here’s what drives the multiple a buyer or investor will apply to your business.
Recurring, predictable revenue commands a premium. Lumpy, project-based revenue discounts value significantly. We help you understand and improve this metric before you sell.
Profitability relative to revenue. A business generating 25% EBITDA margins sells for more than one at 10% — often at a higher multiple AND on a higher base.
If the business can’t operate without you, it’s worth less. We identify this risk and recommend operational changes that increase transferable value.
Buyers pay for future earnings, not past performance. A business growing 20% year-over-year gets a higher multiple than one flat or declining, even at the same current revenue.
If one customer represents more than 20% of revenue, that’s a significant risk discount. Diversified customer bases command a premium.
Equipment condition, real estate ownership, intellectual property, brand recognition — hard and soft assets that a buyer is acquiring beyond the cash flow.
FAQ
Private-Company Equity
For private companies issuing stock options, our nationwide 409A valuation page explains timing, documents, methods, and the review process.
Explore 409A Valuation ServicesOwner Decision Guide
Owners usually need a valuation for a sale, partner buyout, SBA or lender discussion, estate or succession planning, or a strategic reset. The right scope depends on the users, valuation date, records, and required report standard.
Normalize owner compensation and one-time items, review value drivers, and document the methods and assumptions used for a negotiation-ready conclusion.
Clarify what a lender, investor, estate plan, or successor needs to see and coordinate valuation work with tax strategy and cash-flow planning.
Typical inputs include three years of financials and returns, forecasts, debt, ownership records, and an operating overview. A valuation is not automatically an audit, legal opinion, or investment recommendation.
Book a valuation consultation Call (225) 396-5511
Related: corporate valuation · exit planning · quality of earnings preparation · P&L management
Houston & Fort Bend County
Houston owners usually need a business valuation for one of five reasons: selling the company, buying out a partner, raising capital, SBA or acquisition financing, or estate and divorce planning. Michelet Financial uses recognized income, market and asset approaches and shows you how a buyer is likely to price your business.
We serve owners across Greater Houston and Fort Bend County, including Sugar Land, Missouri City, Stafford, Richmond, Rosenberg, Fulshear and Katy, by phone, video call and secure document upload. Pricing depends on company size, complexity, purpose and the report scope required; after an initial consultation we provide a written scope and fee. Call (225) 396-5511.
A supportable valuation range before you talk to buyers or brokers.
A structured valuation both sides can use as a clearer basis for negotiation.
Common-stock valuation questions for companies issuing equity compensation.
Earnings normalization and the diligence questions a buyer or lender will ask.
It depends on adjusted EBITDA, revenue consistency, growth, owner dependence, customer concentration and asset quality. Two businesses with the same revenue can be worth very different amounts.
It depends on the purpose. Some lenders, courts and tax matters require a specific credential or report standard. Confirm the requirement first; our Certified Valuation Analyst guide explains what to check.
Related Houston services: Business Broker Houston · Houston M&A Advisor · Certified Valuation Analyst Guide · 409A Valuation · Quality of Earnings · EBITDA Multiples · Business Exit Planning · Tax Accountant Houston · Amended Tax Return Guide · Houston High-Ticket Advisory Hub
Start with a free consultation. We’ll tell you what methodology applies to your situation and what a realistic range looks like before you commit to anything.
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Michelet Financial provides business valuation advisory services for companies across the United States.
IRS valuation job aid and Revenue Ruling 59-60 text · SBA valuation guidelines
The required standard, credential, independence, and report format depend on the valuation’s purpose and intended user. Educational information only; not individualized legal, tax, investment, audit, or valuation-attestation advice. Updated August 21, 2026.
How valuation works
A valuation is only useful if it holds up in front of a buyer, a lender, a partner or the IRS. Here is how Michelet Financial builds one for Houston and Fort Bend County owners. Brandt Michelet, owner and CEO, has 15+ years in accounting and finance, including a senior accounting role at Landry’s, Inc., where he also worked for Tilman Fertitta, managing his finances.
Values the business on the cash flow it is expected to produce, using a capitalization rate or a discounted cash flow model. It is usually the core method for profitable operating companies.
Compares the business with sales of similar companies and applies multiples of SDE, EBITDA or revenue. The multiple depends on size, growth, customer concentration and how much the business relies on the owner.
Values the business on its adjusted assets minus liabilities. It matters most for asset-heavy companies, holding companies and businesses that are not producing strong earnings.
Clean, recurring earnings; low customer concentration; a management team that runs the business without the owner; documented processes; and contracts that transfer to a buyer. We show you which of these levers to pull and how much they matter. See selling a business and M&A advisory.
High-ticket advisory in Houston: Houston High-Ticket Advisory Hub · Business Broker Houston / Sell My Business · Houston M&A Advisor · Fractional CFO Houston · Tax Strategist Houston · High-Income Tax Planning
About the advisor
Brandt Michelet, Owner & CEO, Michelet Financial
15+ years in accounting and finance, including more than five years in a senior accounting role at Landry’s, Inc. (2017–2023), where he also worked for Tilman Fertitta, managing his finances. B.A. in Accounting and Finance, Southeastern Louisiana University. Founded Michelet Financial in Houston in 2023.
Michelet Financial services
M&A advisory, business valuations, P&L management, cash-flow optimization, investment advisory, and tax strategy — Houston-based, nationwide remote. Call (225) 396-5511.