1. Needs Assessment

The first step in matching the right valuation firm to your business is understanding exactly what the valuation will be used for. In many cases, the business has one particular need, but not always. We not only make sure we understand what your specific need is, but take the extra step to find out who will be viewing the valuation and what they typically look for. It is also important to take into account what industry the business is in, where the business is located, and who the major competitors are. All of this information is pulled together to use a criteria to select 3 or 4 firms that best match the profile of what the business needs.

Some of the common reasons for needing a valuation are:

- Sale of the business
- Partner buyout
- Buy-sell agreement
- Divorce
- Death of one of the owners
- Estate planning
- Retirement planning
- IRS issues
- Risk management
- Bank financing
- Equity investment
- Bankruptcy

The key to our model is to ensure that we clearly understand exactly what your needs are for the valuation, when it needs to be completed and what industry your business is in. All of these factors go into selecting 3 to 5 firms to bid on your report. In order to begin the process of having firms bid on your valuation, contact us and we will do a short 15-minute consultation before preparing your quote.