How and Why to Get a Regular Business Valuation

Making it a point to get a regular, objective, and comprehensive valuation for your business is one of the most overlooked tasks of owning a business. Many business owners assume that they only need a valuation if they are planning on selling or retiring in the near future. But the reality is that the time for a business valuation is long before you actually need it, and knowing exactly what your business and assets are worth on a regular basis is one of the most helpful and important things you can do for your financial future.

A business valuation is essential in a huge variety of circumstances. It is vital for tax purposes such as charitable contribution, employee stock ownership plans, and gift and estate taxes; for management support like creating and maintaining a business plan, measuring performance, and deciding whether to lease or buy; for litigation situations like divorce, fraud, or partner disputes; and for general business reasons such as mergers and acquisitions, financing, liquidation or reorganization and succession planning.

It is far better to plan ahead and have your business valued regularly so that when these situations arise, you are able to handle them quickly and efficiently because you know exactly what your business is worth. Sadly, it is estimated that over 90% of closely held businesses in the United States have never had a business valuation prepared and most will not have one until they are in desperate need.

Your CPA can help you in the implementation and maintenance of the goals set during business valuation, but most CPAs are not trained in the specifics of valuation to be able to do it themselves in an objective and unbiased fashion. Janicek Valuation and Forensic Services will work with you and your CPA to let you know exactly what your business is worth and give you specific and achievable goals to enhance the value of your business.

Since Janicek Valuation and Forensic Services is an objective third party, we can offer you truly independent valuation services of the highest quality. We will help you understand the value drivers of your business in order to maximize the value of your business now and in the future.

We are your business valuation solution!

Call one of our credentialed professionals at (615) 822-8342 or contact us via email, to assist you in your valuation needs for your case at hand or any other valuation and litigation questions.