An objective and accurate understanding the value of a business is critical for strategic management planning, succession planning, gift and estate planning, recapitalization planning, and litigation.
The business owner’s concept of the value of the business may be at odds with that of the IRS, banks, investors and potential buyers. A business valuation from an experienced business valuation CPA will clarify the true value of the business in the current market environment.
Today’s business arena is very complex and presents challenges for experts who must understand and define the drivers of a business that create value, which are very different for each business, even if they seem identical on the surface. Inventory, cash on hand, asset value, client contracts, facilities, infrastructure as well as intangibles like management capabilities, branding, online reputation, community involvement – all of these factors must be considered.
The value of a business cannot be measured in a vacuum. A business valuation must take into consideration current and projected economic climate, the maturity of the business, sales of comparable companies, overall activity in the sector, and how well the business can be expected to do with a change in ownership.
Cohen Greve & Company brings significant experience in the providing business valuations and expert testimony. We have a team that combines years of appraisal, accounting and consulting experience to enable us to provide services in the most complex situations and bring accurate results to a wide range of industries.
Based on our research and diligence, owners of the businesses we have valued often have a new perspective of their business once the process is completed.
We have performed valuations of business interests for a variety of purposes including, but not limited to:
- Family law matters
- Business damages
- Buy-sell agreements
- Shareholder litigation
- Succession planning
- Corporate and private equity valuation
- Estate and gift tax matters
- Buying and selling businesses
- Litigation proceedings, arbitration and dispute resolution
To discuss your business valuation needs, call us at 516-877-1900 or send an email to Timothy Sherman, Managing Partner, firstname.lastname@example.org