What is my business worth? This is a question on many business owners' minds. They have worked hard to build their business but are not sure how much it is worth. They may be nearing retirement and/or want to sell. They may want to pass their business on to the next generation and avoid paying too much estate or gift tax, or unfortunately, may be going through a divorce. Whatever the reason, HoganTaylor's Business Valuation Team can provide the solutions.
A team approach differentiates HoganTaylor's valuation services, ensuring a thorough, three-dimensional perspective to provide a solid opinion that can be documented and supported. Depending on the need, HoganTaylor can provide either a brief consultation or a complete valuation with a detailed report.
Valuation Professionals. HoganTaylor’s valuation professionals have attained the Certified Valuation Analyst (CVA) designation from the National Association of Certified Valuation Analysts (NACVA)and the Accredited in Business Valuation (ABV) from the American Institute of Certified Public Accountants. These designations signify a level of commitment and training in valuation fundamentals, techniques, and theory. To maintain these designations, our professionals also must pass a rigorous test and take continuing education in the valuation field, and be a certified public accountant, which means they approach valuations from a business perspective. The result is a professional valuation that we stand behind.
Why a Valuation? Ownership interests in privately held companies often represent a significant portion of one's estate or investment portfolio. Since there is no active market for the trading of such an interest, a valuation may be needed to determine the value of the interest. There are a variety of reasons to have a valuation performed including:
- Buy/Sell Agreements
- Charitable Contributions
- Divorce
- Business Disruption
- Financing
- Gifting Programs
- Goodwill Impairment
- Income, Estate and Gift Tax Transfers
- Income Tax Compliance and Planning (Charitable Contributions, Built-in Gain)
- Initial Public Offerings
- Insurance, Lost Profits
- Liquidation or Reorganization
- Litigation (Divorce, Minority Redemption)
- Mergers and Acquisitions
- Partner Disputes
- Sales and Potential Sales
- Succession Planning
- FAS 141
- FAS 142
- FAS 157
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