Ah. Yeah I've got one client I've gotta stay on that every quarter, it's a little annoying but comes with the start up territory.
I fight with valuations all the time cause so many of the numbers are made up. It's like as soon as I see "sales projections" I roll my eyes and tune out. Show me contracts. In writing. I don't care about the $38m you claim you're going to close. But yeah the side of it you're talking about is interesting, lots of obscure ratios and data I can pull. I do a lot of that on the owner side, and advising paths to take, but try to stay away from the corp side of things as much as I can.
Maybe we can start a MD based small business valuation firm that focuses on helping small business find funding to make the next jump or start ups to get acquired...
We get very little pushback from the valuations team, which I like. Sometimes they need to figure out why X deal didn't fetch as much revenue as they liked, or why Y deal isn't meeting projections, or why Z deal is getting valued differently by another bookrunner or another system. But nothing where it's like, "you're wrong, and you gotta go with what we say." I think I've yelled at them once since I've started this job.
I think I'd never do a small business. I love being a small part of a huge company (all three companies I've worked for are, or were, global firms), and I'm extremely risk-averse.