The Valuation Process

INTRODUCTIONS: Initially, we ask specific questions to better understand your circumstances and need for a business valuation. You are under no obligations or cost during this phase.  We make recommendations and offer solutions concerning your issues or questions.

ENGAGEMENT: Upon investing a reasonable amount of time to understand your requirements, we will prepare an engagement agreement describing what is to be valued or researched and the purpose or use of the findings and appraisal report. The agreement will outline our fees, costs and arrangement for payment.

DOCUMENTATION: We are required to ask for and obtain relevant information to perform the appraisal. Typically, you will  provide us with a requested documentation and pertinent information related to the business, owners, and industry.  We may provide forms that contain questions for your completion.

QUANTIFICATION: We will analyze financial information and make adjustments, according to the unique practices of the business and its owners pertinent to the valuation case. We apply relevant economic and industry data relating to the business or professional practice. We then reconcile values indicated from utilizing various valuation methods to form a final opinion of value.

REPORT AND TESTIFYING: We will produce a report that is the result of our work. Each valuation is documented within a specific report type, depending on the purpose and use.

We also provide litigation support and expert testimony related to our work and findings or work of other professionals. Additional fees and engagement contracts are required for litigation support and expert testimony.