Under what circumstances would it be necessary to need to know the value of a business? Well, there are myriad reasons why knowing what a company is worth might be a critical piece of information.
BWA has conducted several appraisals- read about one below.
“John Doe” was part owner of two companies- one an established business grossing approximately $20 million annually, the other a startup company that saw revenues of almost $18 million in its first year, and was projected to do 2 times that much the following year, with projected increases for the foreseeable future of approximately 20% annually.
Mr. Doe owned 20% of one company, and 10% of the second.
Mr. Doe had fallen out of favour with his fellow business owners, and the business relationship was ending. In order for everyone to part on good terms, the other owners agreed to give Mr. Doe a check for his share of the value of the company. So the valuation project was initiated to accomplish a few objectives:
Performing a business valuation is an intensive, exhaustive process that involves several key activities, all of which are interrelated, and each of which adds another piece of valuable information to the overall objective of providing an opinion of value to the business.
A few are highlighted here:
– **note**- even though this project involved scrutinizing court cases, we are NOT attorneys, nor do we claim any expertise in the legal field.
Due to the work performed on this project, Mr. Doe was able to receive appropriate compensation from his former business partners that more accurately reflected the value of his interest in the companies. He has now successfully divested himself of the untenable position represented by his former business climate, and has other business interests that he is currently pursuing.
Being able to supply such a critical piece of information for Mr. Doe to assist in his long-range planning is an important component of the work that we do; if this sounds like a situation that you or someone you know may be facing, please contact us to discuss your specific situation in confidence.
Our valuations provide clarity for anyone needing to know the value of a business interest, and we will defend our work under oath if necessary.
While we are primarily a business valuations firm, we also provide expert witness valuation support in a variety of circumstances, providing clarity to attorneys and courts alike regarding the value of business interests. Our valuation reports are routinely used to assist in the settling of civil proceedings, and we are frequently called upon as experts to rebut valuation work that has been produced by other valuation specialists.
Obtain an objective appraisal of all business interests in the marriage.
An accurate FLP appraisal is an important component of an estate planning strategy.
Our expertise provides clarity to the court in all business valuation matters.
We answer all inquiries, and will respond promptly to any concern that you have. Below are a variety of ways that you may reach us; we look forward to being a resource for you.