We prepare Quality of Earnings reports for business buyers, searchers, independent sponsors and the SBA lenders who finance them. $7,500 flat for SBA-financed and lower middle market deals under $50 million, generally two to four weeks from the day we have the documents, and scoped to what SBA SOP 50 10 8.1 asks lenders to obtain.
The financials a buyer receives during a sale have usually not been independently checked. Our Quality of Earnings work tests them against bank statements and filed tax returns, so you know what the business earns before you are contractually committed.
Quality of Earnings is most of what we do, about 40 engagements a month. We also handle sell-side preparation, bookkeeping and fractional CFO work for companies before and after a transaction.
We rebuild the company's earnings from source documents, so you can see what the business really makes and negotiate from a number you can defend.
Get your financials in order before going to market. We help business owners correct errors and organize documentation before a buyer's QoE review finds them first.
We see what messy books do to a deal, because reading them is most of what we do. This is that same standard applied monthly, instead of once under pressure.
Most businesses this size need CFO-level work a few days a month, not a salary. Forecasting, reporting, and the financial side of the bigger decisions, on that basis.
600+ Quality of Earnings engagements completed, commonly identifying material adjustments to the company's reported earnings.
$7,500 flat for SBA-financed and lower middle market deals under $50 million. Larger or more complex transactions are scoped after a call. No hourly billing.
Reports cover proof of cash, reconciliation to filed returns, documented add-backs and customer concentration, the items lenders look for under SOP 50 10 8.1.
Business buyers financing an acquisition with an SBA 7(a) loan, searchers and independent sponsors, the lenders financing those deals, and owners getting a business ready to sell. Most of the work is SBA-financed and lower middle market acquisitions under $50 million.
It is not a lighter scope. We have completed more than 600 Quality of Earnings engagements and run about 40 a month, so our team has seen most of the patterns that show up in small business books and knows where to look. Our request lists, templates and review process come out of that volume. The work is done by a U.S.-based team and reviewed in-house by our CPAs.
Yes. Sample reports and the full engagement scope are available on request, and we will walk you through a report section by section on a call.
Yes. The work is done remotely for buyers and lenders across the United States.
Josh Tonnesen is a CPA who spent his career in Fortune 500 corporate accounting before starting the firm. The idea was simple: buyers of small businesses were getting a lighter version of the diligence a large company would insist on, mostly because nobody wanted the work at this deal size. We took the work. Over 600 engagements later, the firm also handles sell-side preparation, bookkeeping and fractional CFO support.
Tell us what you are working on and we will tell you what the engagement covers, what it costs, and how long it takes.
