Depending on the purpose of the valuation and the size of the business, we offer multiple levels of valuation reports. Whether selling a business, buying a business, planning an estate, or obtaining debt or equity financing, we’re experts at valuing businesses.
We offer an Opinion of Value report that we produce in-house to help establish an initial asking price when selling. For larger or more complex businesses we have an agreement with one of the leading business valuation firms in the country so you can be assured of an accurate and quality third-party valuation that will be performed by a credentialed business appraiser with the highest industry designations.
1. Opinion of Value –Typically for businesses with less than $500,000 in annual sales. This is our basic entry level valuation to establish an asking price for a proposed business sale produced in-house by one of our senior business brokers.
2. Summary Valuation Report *–Typically for businesses with more than $500,000 in annual sales. This is a more in-depth report produced by a leading business valuation firm. This provides an objective third-party valuation when determining the asking price or value of a larger firm. The third-party approach also helps when dealing with buyers and their advisors to justify the asking price.
3. Complete Self Contained Report* –Typically for businesses with more than $1 million in annual sales. It consists of a formal presentation of the value of a business in a self-contained written report. If a valuation has the potential to go to court, or if the report needs to be reviewed by others, such as the IRS for tax implications, this type of report explains in full detail how the value was derived. Uniform Standards of Professional Appraisal Practice (USPAP) and American Society of Appraisers (ASA) address the above as a “Comprehensive, Written Business Valuation Report”. The Institute of Business Appraisers (IBA) addresses the above as a “Formal Written Report”. Typical uses are as follows:
