How It Works
How a Bedrock QoE engagement works
One CPA, a fixed fee, and a lender-ready report in 2–4 weeks. Here’s exactly what happens from first call to final delivery.
Book a 20-minute deal review
Tell Will McCurdy about the deal — size, industry, where you are in the process. He’ll tell you whether Bedrock is the right fit, what the engagement would look like, and what it costs. No pitch deck. No pressure.
Scoped proposal in 24 hours
After the call, you receive a written proposal with the flat fee quoted upfront. No hourly billing, no scope creep, no surprises. 50% deposit to begin. You know exactly what you’re paying before work starts.
Data request
We send a standard data request list. Most sellers have these on hand. If anything is missing, we work directly with the seller’s bookkeeper or CPA.
What we need
- 3 years of P&L statements
- 3 years of bank statements
- Current balance sheet
- Access to accounting software (QuickBooks, Xero, etc.)
- CIM or offering memo (if available)
Analysis
Will leads the analysis personally. Line by line through financials, bank statements, and customer data. No junior associate learning on your deal.
Delivery in 2–4 weeks
You receive a lender-ready PDF report and a structured Excel data book. Both are defensible, clear, and formatted for SBA and conventional lenders. Balance due on delivery. Will walks you through the findings on a debrief call.
Pricing
Flat fee. Scoped before you commit.
Every engagement is scoped on the initial call. You know the cost before work begins.
$15,000 – $30,000
Standard QoE
- Full normalized EBITDA analysis
- Customer concentration & revenue quality
- Working capital calculation & peg recommendation
- Bank-to-book reconciliation
- Lender-ready PDF + Excel data book
- Debrief call with Will
- 2–4 week turnaround
Deals $1M–$30M. Most engagements.
$5,000 – $10,000
Express Review
- P&L review & trend analysis
- Bank statement reconciliation
- Primary EBITDA normalization
- Written summary of findings
- 5–7 business days
Deals under $2M or pre-LOI gut checks.
50% deposit to begin. Balance on delivery. No hourly billing.
Common questions
What's the difference between a QoE and an audit?
An audit confirms financial statements follow accounting rules. A QoE tells you whether the business actually earns what the seller claims. Different question, different output. If you're buying a business, you need a QoE.
QoE vs Audit — full breakdown →Do I need a QoE if I'm getting an SBA loan?
Increasingly, yes. SBA lenders are requiring QoE reports on deals above $500K. Beyond the lender requirement, you're personally guaranteeing the loan — you should know what you're guaranteeing.
What if the seller won't provide bank statements?
That's a red flag worth discussing before you engage us. We can work with incomplete information in some cases, but we'll tell you clearly what we can't verify and why.
Can you work faster than 2 weeks?
Sometimes. Tell us your timeline on the initial call. We can accelerate Standard engagements to 10–12 business days depending on scope and data availability.
What size deals do you work on?
Our core range is $1M–$30M enterprise value. We've done Express Reviews for deals under $1M and full-scope engagements above $30M. If you're outside that range, book a call and we'll tell you honestly whether we're the right fit.
Who actually does the work?
Will McCurdy, CPA. Not a junior analyst, not a staff associate. Will leads every Bedrock engagement personally, from scoping to final delivery.
Know exactly what you’re buying.
20 minutes with Will. Tell him the deal. He’ll scope the engagement, quote a flat fee, and tell you whether Bedrock is the right fit.
will@bedrockqoe.com · bedrockqoe.com