Kovalev

The number the price
conversation starts from

A consulting practice for owners and buyers: understand what the business is worth before negotiations begin and before someone names a price to you. If you are buying — understand what exactly you are being sold. This is analysis and an explanation of the mechanics, not a statutory appraisal report — the difference is explained below, and it matters.

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Business value

01

Express value analysis

A working range for the value of a company or a stake — for decisions and negotiations.

  • A range, not a single number
  • Income-based maths, cross-checked with multiples and net assets where data allows
  • An explanation of where every figure comes from
02

Financial model

How specific decisions show up in the value — before you make them.

  • Scenarios: growth, stagnation, decline
  • Sensitivity to key assumptions
  • What adds the most value
03

Preparing for a sale

What the buyer will look at and what is worth fixing in advance.

  • Weak spots that will knock the price down
  • The data package for the buyer
  • Bargaining logic and price justification
04

Second opinion on someone else's numbers

When the price was named by the other side and you need to know what stands behind it.

  • How well the assumptions match your situation
  • Where a figure looks inflated or understated — economically
  • Arguments for the negotiation
05

Negotiation support

At the table on your side of the price conversation — with numbers, not hunches.

  • Position and bargaining limits prepared in advance
  • Taking apart the other side's arguments
  • Recording what was agreed
06

Preparing for a statutory appraisal

Where the law requires a formal appraisal report — I help you get through it cleanly.

  • Collecting and checking the data
  • Framing the assignment for the appraiser
  • Walking through the finished report with you: what it says and how to use it
Pre-acquisition review

Before you pay —
know what for

The seller shows the business at its best, and that is normal. The buyer's job is to see the same picture without the stage lighting: what the revenue rests on, what leaves together with the previous owner, and what number remains when the one-offs end.

01

What you are actually buying

What stands behind the revenue: where the money comes from and how stable that construction is.

  • Revenue structure and dependence on two or three key clients
  • What rests personally on the owner and leaves with them
  • Contracts that do not transfer to the new owner automatically
02

Verifying the seller's numbers

How well the management story matches the accounts and the contracts.

  • Normalising profit: one-off income and expenses
  • Debt load and off-balance obligations
  • Discrepancies worth asking about before signing
03

Price and deal terms

What turns into a discount and what into a contract condition.

  • How the findings change the number you were quoted
  • What justifies a discount
  • The economics of instalments and earn-outs — your lawyers put the wording into the contract
How this work is framed

Services in this area are consulting: calculations, analysis and a walk-through of the assumptions for your management decisions and negotiations.

A statutory appraisal report under Russian Law No. 135-FZ may only be issued by a licensed appraiser — a member of a self-regulated organisation holding a qualification certificate. Where the law requires such a report — mortgage and pledge of state property, in-kind contributions to charter capital, share buyouts in JSCs, transactions with state and municipal property, challenging cadastral value, certain insolvency matters — I bring in a certified appraiser and manage the work on your side. Expert review of appraisal reports under Art. 17.1 of Law No. 135-FZ is performed only by SRO experts — I do not provide that service.

The pre-acquisition review in this format is financial and managerial: numbers, model, revenue stability. Legal and tax due diligence — title, licences, litigation and tax risks, the legal consequences of the deal — is run by lawyers and auditors; I work with them as one team and consolidate the findings into a single picture for the price decision.

Send the basics — what the company is and why you need the number. I will reply with what I can calculate and what data it takes.

Send the basics
Contact

Describe the task
in your own words

Write what is going on: you need a person, negotiations have stalled, you are weighing a move or a sale of the business, the cash flow does not add up. I will reply within one working day: what I can help with, how long it takes and the rough order of the price — or tell you straight if the task is not mine.

info@kovalev.su +7 (984) 555-26-66

All messengers work on this number. Write by email or call — whichever suits you. The first conversation carries no obligations and no invoice: first we find out whether working together makes sense. There is no price list, because the price depends on scope, not on the service name; I give the order of magnitude in my first reply, before any work starts.

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Vladimir Kovalev

There are no cheap decisions — only deferred invoices.