Business Valuation Analysis

How it works

1Complete the full business questionnaire. Ownership structure, assets, liabilities, customer and key-person risk, and normalized owner compensation — about 15–20 minutes.
2Securely upload your financial statements. 2–3 years of statements (interim statements too, if you have them), via a private, secure link we send you after checkout.
3We build all three valuation approaches. Income (capitalized earnings or discounted cash flow), asset (adjusted net asset value), and market (industry comparable multiples) — each shown separately, with the reasoning behind it.
4Andrew reviews and reconciles the analysis. The three approaches are weighted and reconciled into a single concluded range, with the reasoning stated plainly — this step is what separates this report from an automated estimate.
5You receive a full written report, in 3–5 business days. Not an email summary — a complete document you can use for internal planning, a sale conversation, or succession discussions.

What's included

A full written valuation report: methodology, financial statement analysis, all three approaches shown with their workings, reconciliation, and a concluded low/mid/high range.
Direct review and sign-off from Andrew before delivery — not a fully automated output.
A plain-language summary of what's driving your number, and what would move it — written for an owner, not an appraiser.
The same answer-driven routing as our other diagnostics: if your answers point to a near-term sale or succession, or to diligence risk a buyer would flag, the report tells you so and points you to the right next step.

What this is — and isn't

This is:

A rigorous, three-approach valuation-style analysis, built from your actual financial statements and reviewed by a human before delivery.
Built using the same methodology a Chartered Business Valuator uses — income, asset, and market approaches, reconciled to a concluded range.
A strong planning tool ahead of a sale, succession conversation, capital raise, or internal decision-making.

This is not:

A Chartered Business Valuator (CBV) valuation or opinion.
Compliant with CICBV/CPA Canada valuation standards.
Suitable for litigation, matrimonial or shareholder disputes, tax (CRA) purposes, financing applications, or any use requiring a certified valuator's opinion.

If you need a certified, court-defensible, or lender-required valuation, you should engage a Chartered Business Valuator (CBV). We're happy to refer you to one — just ask.

Who built this

Andrew Apedoe personally builds and reviews every report — he is a Partner at Osprey Capital Partners, where he leads financing, M&A advisory, and valuation assessments for middle-market companies, and President of Xito Capital Partners. His valuation background runs deep: he started as a Business Valuation Analyst at Meyers Norris Penny working alongside Chartered Business Valuators, then spent time as an investment banking analyst at Nesbitt Burns running discounted cash flow, comparable company, and precedent transaction valuations on multi-billion-dollar mergers (including the $14B TransCanada Pipelines / NOVA merger). As VP, Investor Relations at a $1.2B revenue public company, he led the $12.5M acquisition of McCaine Electric Ltd. at 3.4x EBITDA and was recognized with multiple IR Magazine Canada Awards. He has also completed all six courses of the CICBV's Business Valuation designation program.

Every report is built using the same three-approach methodology a Chartered Business Valuator uses, and every report is reviewed and signed off by Andrew personally before it reaches you — this is never a fully automated output. Andrew does not currently hold the CBV designation itself; see the disclaimer above for exactly what that means for how you should use this report. If you started with our $149 Business Valuation Estimate and want to go deeper with real financials and a reviewed report, this is that next step.

Start your business valuation analysis

After checkout, you'll receive a secure link to upload 2–3 years of financial statements. Your 3–5 business day turnaround begins once we have your documents.

Ownership structure

Sole proprietorship Corporation, single owner Corporation, multiple owners

Industry / sector

Province / State

Years in operation

Trailing-twelve-month revenue (CAD)

Tangible assetsEquipment, real property, inventory — book value vs. what you believe is fair market value.

Intangible assetsGoodwill drivers, IP, key contracts, brand strength.

Liabilities and debt scheduleOutstanding loans, leases, and any contingent liabilities.

Normalized owner compensationWhat a market-rate replacement manager would cost vs. what you currently draw.

One-time or non-recurring itemsAnything unusual in your financials that shouldn't be treated as ongoing — one-time legal costs, a bad year from a single lost customer, COVID-related swings, etc.

Key-person and customer-concentration risk

Top 3 customers under 25% of revenue, business not owner-dependent Some concentration (25–50%) or moderate owner dependence High concentration (over 50%) or heavily owner-dependent

Are you exploring a sale or succession in the next 1–3 years?

Yes No Not sure

Full name

Work email

Company name

You'll be redirected to secure checkout, then sent a private link to upload your financial statements. Report delivered within 3–5 business days of receiving complete documents.

Not ready for the full analysis yet? Start with our $149 Business Valuation Estimate for a fast, single-approach read — you can upgrade to this full analysis any time.

Thinking about a QoE review or succession plan? See our services.

Preparing for a sale, capital raise, or lender conversation?

A Business Valuation Analysis is a strong planning tool on its own. If you're getting ready to go to market, raise growth capital, or shore up your financing position, our other services build directly on what this report establishes.

See all Xito Capital services →