When value is the issue...
How valuable is your business? It depends on who you ask. To you and your family, it may be your lifeblood. To your employees, it may be their only source of income. A company looking to buy your business may determine an entirely different value to support their acquisition offer.
A professional business valuation is a critical tool in estimating the current value of your business. The information provided by a business valuation can support negotiations when prepared and documented properly, for the purchase or sale.
Determining Value
There are several different approaches that can be utilized to determine the value of a business. Value can be expressed in terms of fair value, fair market value or investment value. At Herbein + Company, Inc., our team of business valuation analysts are experts in identifying and determining the standard of value and valuation approach appropriate for your situation.
When May a Valuation Be Needed?
A business valuation may be needed for many reasons, some of which are:
- Mergers and acquisitions
- Buy/sell agreements
- Divorce
- Shareholder Disputes
- Estate/gift tax and planning
- Split ups/spin-offs
- Charitable contributions
- ESOP’s
- Succession Planning
- Fair value measurement
- Intangible asset valuations
Certification
Valuing a business is complex. The individuals performing the valuation need extensive training in this specific area. Our team of experts have attained advanced certifications from the American Institute of Certified Public Accountants (ABV) and the National Association of Certified Valuation Analysts (NACVA) the nation’s leading professional association supporting the business valuation and litigation community. Additionally, our valuators are members of The Institute of Business Appraisers (IBA).