We determine the value of business interests and perform business appraisals using standardized methodologies for corporations, small businesses, professional practices, limited liability companies, partnerships, family-owned and closely-held businesses. This includes partial ownership interests and even intangible property valuation.   We also value marital estates and pensions.

We evaluate and assess reports prepared by other valuators and offer rebuttal reports.

We provide litigation support and offer expert testimony in court cases and legal matters including business disputes, marital dissolution (divorce) and other financial disputes.

The Valuation Process

when is a business appraisal needed?

  • DIVORCE/MARITAL DISSOLUTION: We provide a value that is used in the equitable distribution of marital estates within divorce proceedings. This may or may not be coupled with litigation support.
  • ESTATE and GIFT TAX: We develop and support appropriate discounting metrics to minimize or eliminate issues with the IRS.
  • MERGERS AND ACQUISITIONS (BUY-SELL): We define the value for buying or selling a business or professional practice; and establish value for partial ownership interests.
  • PARTNERSHIP & CORPORATE DISSOLUTIONS: Our appraisal determines the “Fair Value” of an enterprise so equitable parties can divide assets and intangibles in settlement of their particular dispute.
  • BANK FINANCING & SBA LOANS: Favorable interest rates and loan terms are dependent upon the value of the on-going enterprises’ assets and sometimes intellectual property (IP) assets. An independent business appraisal is required for certain SBA loan packages. We prepare “summary limited” appraisal reports.
  • BUY-SELL AGREEMENTS: We establish periodic and ongoing value to avoid potential future problems for stockholders and partnership buyouts. This valuation process can greatly simplify negotiations during the term of an operating agreement.
  • DAMAGES/LOSS: Often a value is needed to quantify claims for damages or loss. We provide a quantified report which is often coupled with litigation support.
  • SUCCESSION PLANNING: Typically used when family owned businesses or real estate holding companies wish to keep the interests in the family. Distribution of shares to family members requires an attached “Fair Market Value” for each shareholder.
  • FAIRNESS OPINIONS: The fairness opinion is a black/white finding, stating whether the deal or transaction as presented seems fair and justified. Important items include basic due diligence, analysis of risk factors, deal structure or potential conflicts.
  • FINANCIAL REPORTING (Intangible Assets and Goodwill): In order to comply with Financial Accounting Standards Board (FASB), valuations are required to allocate an acquisition purchase price among tangible and intangible assets such as – patents, copyrights, trademarks, trade secrets, etc.

business valuation reports

  • APPRAISAL REPORT – An unambiguous opinion expressed as a single dollar figure as to the value of a business or ownership interest in a detailed fashion. This type of reporting format considers all relevant information as of the appraisal date and considers all conceptual approaches deemed to be relevant by the appraiser.
  • CALCULATION REPORT – An approximate indication or range of value for a business or ownership interest based on the performance of limited procedures agreed upon by the appraiser and client. This type of reporting format is often referred to as a “restricted use report”, meaning this type of report is restricted for client use only.
  • The essential difference between these two reports is in the content and level of information provided in the report and the corresponding amount of work and documentation/information needed to produce the report. Each appraisal report option has specific reporting rules that are followed according to industry guidelines. The appropriate reporting option and the level of information necessary in a report depends on the intended use and intended users.