Services and Capabilities

We provide business valuation services and reports to CEOs, law firms and estate and tax planning professionals. We provide valuation reports to asset holding companies (FLPs and LLCs) and operating companies for a variety of purposes. A business valuation may become necessary to document financial, legal, business, tax or financial planning issues.

We prepare reports and provide consultation in the following areas:

Our reports are prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP), as promulgated by The Appraisal Foundation and the Code of Professional Conduct and Statements on Standards for Consulting Services promulgated by the American Institute of Certified Public Accountants (AICPA).

Business valuation is not a pure science and requires careful consideration of many factors affecting the business. Among them are current economic conditions, market position, competitive pressures, technological changes and overall financial performance. Nevertheless, we provide substantial documentation and detail in our analyses and financial conclusions to support the valuation opinion. We provide market based studies and other empirical evidence in support of our value conclusions.

The Valuation Process

First and foremost, we will understand the Client's needs and that of his advisors (attorneys) and recommend an appropriate valuation solution. If a valuation report is required there are several levels of assurance depending on the client's need. All reports are prepared in conformity with USPAP and meet the requirements of Adequate Disclosure for Gift Taxes (Reg. 6501).

An Appraisal Report (also known as a full opinion) is most appropriate for large gifts of fractional interests, estate valuations, ESOPs, sale of a business, and matters regarding litigation. An independent appraisal that is fully supported with market based studies and empirical evidence of value. This level of appraisal is conservative and defensible in the courts and to the IRS.

A Restricted Use Appraisal Report contains all of the required elements of an appraisal report, but is more limited in scope.  The scope limitations are those elements of appraisal that are not particularly relevant to the business under appraisal.

Limited Opinion of Value:  This appraisal is a valuation estimate based on all valuation methods appropriate to the business.  Under the scope limitations, it may not contain information on the national and regional economies, industry analyses, and comparative financial information.

Calculation of Value: This is a business valuation report that does not contain an opinion of value. It is also known as a consultative report and is an excellent planning tool. It is a limited report that is based on the economics of the subject and may provide value ranges.  It is appropriate to answer the "What is my business worth?" question and is an economical method of determining an estimated value and associated discounts. Not recommended for gifts and litigation.