Start building value with a certified business appraisal
Obtaining a business appraisal is essential for long-term planning. It is a strategic planning tool. Step one in building value is to know how much your business is currently worth.
When are business valuations needed?
Valuations are needed for a variety of reasons including
- Selling or acquiring a business
- Drafting a buy/sell agreement with a business partner
- Obtaining an SBA loan to finance growth
- Implementing an Employee Stock Ownership Plan (ESOP)
- Equity-based compensation
- Marital dissolution
- Gifting or donating closely held stock
- Asset allocations
- Goodwill impairment testing
- Converting a company from a C corporation to an S corporation
What information is used to value a company?
Appraisers need financial statements and tax returns. They also need documents that describe the company’s services or products, asset and inventory lists, details of liabilities, and reports completed by other professionals or consultants. Appraisers also use pertinent industry, economic, and M&A market data.
Next steps
Contact us to discuss your business appraisal. By having the Business Certified Appraisal designation, our appraisals meet the requirements of attorneys, accountants, banks, the SBA, and the IRS.
