The most common reason that a business has a valuation performed is because it is being sold. Many business owners don’t realize that there are many other times in the life of a business when a valuation is not only appropriate, but really is necessary.
Business valuation services are not a one size fits all solution. A business may require CPA business valuation services for many different circumstances from preparing a comprehensive business valuation report to helping to create a business strategy focused specifically on goals like growth and financial success.
From everyday decisions to playing the long game, a business valuation gives you accurate information to make a confident decision. Having this type of in depth data can help you to execute and evaluate company wide changes and policies as well as handle any unforeseen circumstances while keeping your business headed in the right direction.
A business valuation seeks to determine the value of your business. However, for a business valuation report to be valuable it must be accurate and reliable. This requires great attention to detail and a reputable CPA firm that you can trust.
Why You Need CPA Valuation Services
An accurate and deep understanding of the monetary value of your business is necessary for proper planning and decision making. Well-informed decisions and transitions are the foundation for growth and future success, which means you will want to look into business valuation services long before you ever think of selling your business.
Business valuation services aid you with many tasks that might not immediately come to mind like developing exit strategies for current owners or founders, providing expert witness testimony and contract negotiations with outside parties.
These are just a few of the situations where CPA valuation services give your business an advantage:
- Mergers and acquisitions
- Estate and gift tax return compliance
- Succession planning
- Obtaining financing
- Financial reporting
- Divorce litigation
- Shareholders disputes
- Employee Stock Ownership Plans (ESOPS)
The Right Approach to Business Valuation Services
When you need CPA valuation services it is important to hire a firm that is reputable and accredited in business valuation. It takes the perfect combination of expertise and experience to conduct an extensive valuation and prepare appropriate reports for a variety of purposes as well as be able to offer practical and strategic guidance on how to use this data for everything from litigation support to financial planning.
It is uncommon to find established markets for business interests that are closely held. This makes it crucial that CPA valuation professionals use comprehensive methods like in-depth analysis of current market data, evaluation of intangible assets and up-to-date techniques to create an accurate valuation report that will hold up under heavy analysis or scrutiny.