As manager of the business valuation group, Mary Beth is responsible for performing valuations for planning purposes, sales, gifting, and partnership transitions. Her focus is on the professional services and medical practice sector. She is also responsible for meeting with business owners and helping them understand not only the value of their business, but how they can take actionable steps to grow the value.
Mary Beth holds a bachelor’s degree in accounting and international business with a minor in French from Cleveland State University. She previously worked with a management consulting firm with a focus in doing practice valuations for veterinary owners.
From my very first day, I was trained on doing business valuations for practice purchases and sales, succession planning, and financing. I placed my focus and energy on honing my valuation skills and since joining Rea, I have the opportunity to serve a broad range of clients in many different industries, including the veterinary profession.
Each client’s opportunities and challenges are unique, and as a valuator, I enjoy getting to know my clients and their businesses more personally so that I can tailor my services to best assist them. I enjoy helping my clients see and understand the bigger picture, so that they have a better understanding of the value of their business today, and a clearer vision of how their decisions will impact their future.
I think that my clients find working with me to be very easy and comfortable. I am good at not only analyzing the numbers, but finding a way to clearly communicate with my clients so they can understand the valuation.
I think a lot of business owners struggle with stepping outside of the day-to-day activities of running their business in order to develop a strategic plan for the future of their investment. They don’t understand the true value of their business and the factors that drive the value. It’s important for owners to realize that having their business valued is one of the first steps in creating their succession plan, and not something you wait to do right before they’re ready to sell.