BUSINESS VALUATION – WHY IT MATTERSSeptember 6, 2017 - 2 minutes read
Business valuations reveal information beyond a value. A valuation provides specific details as to the current financial status of the business as compared to its competitors and related industries. The valuation report and process give business owners information on how to operate more profitably, as well as prepare for an ultimate sale.
Valuations are used in a number of situations:
- Selling a business;
- Reorganization of ownership;
- Mergers, acquisitions;
- Succession and estate planning;
- Marital dissolution.
CPAs with the ABV (Accredited in Business Valuation) are fully equipped to assist in the valuation of a business.
Those with the ABV accreditation can share knowledge about a business and industry with its owners that could result in improved business performance, provide insights that connect historical results and future expectations, analyze a business by comparing its financial position, operating results and ratios to benchmark information for similar companies in the industry, and assist with projecting future cash flows. That all results in having dependable information for use in planning and increasing the value of the business.
Price CPAs has multiple professionals who have earned the ABV accreditation. Tom Price, Mark Fly, and Jonathan Langley are all accredited and ready to assist. If you think a valuation would be helpful to you, your family, or your business partners, please contact us today through our website (www.pricecpas.com), by email at firstname.lastname@example.org, or by phone at 615-385-0686.
“Making a positive difference in the financial experience of our clients is why Price CPAs exists.”