A business valuation is an important tool for overall financial management. It is a complex report that includes industry benchmarks, a detailed financial analysis, and much more!
Most business owners and attorneys know the basics of the business valuation process. For example, you may know there are three approaches to value:
You may even know some of the methods that fall under these approaches, including the:
- Adjusted book value,
- Excess earnings,
- Guideline public company,
- Merger and acquisition,
- Capitalization of earnings, and
- Discounted cash flow methods.
It is often said valuation is an art as much as a science.
Valuation analysts piece together various types of internal and external data to get a complete picture of how much a business is worth. The process requires more than dropping numbers into a black box. Like a trained artist, valuators use their professional tools, accepted methods and business experience to finesse the data into reliable value conclusions.
Smith Schafer’s Minneapolis valuation experts work with business owners to uncover the true value of their companies’ tangible and intangible assets. The resulting valuation report provides an accurate baseline measurement that informs your strategic plan – whether your goal is to sell the business, arm yourself for litigation or build additional value for the future.
Our experienced and knowledge valuation team holds the following licenses and credentials:
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Business Valuation Resources
There are several applications in which the valuation of your business can deliver insight for guiding critical strategic decisions. For example, below are some common scenarios in which a valuation of your professional service firm may be helpful:
Most owners already have a predetermined number in their mind when the time comes to establish the value of a company. They Most owners already have a predetermined number in their minds when the time comes to establish the value of a company.
Most business owners are reactive when it comes to having their businesses valued. But there are many times it pays to be proactive.
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