When you need a business valuation

The four main types of business valuation services:

• Tax-related
  Valuations for tax planning related to estate, charitable gifts, family gifts and business succession.
  
  
• Business-related
  Companies will need valuations for mergers and acquisitions, sale of the company, buy-sell agreements or purchasing minority interests.  This can extend to assisting in negotiating and/or structuring the transaction for tax consequences.
  
  
• Litigation-related
  When a lawsuit such as one for a divorce, partner dispute or economic loss (IRS filings) a valuation may be required to detail assets.
  
  
• Other
  Sometimes your banker may require a valuation during the loan process. Also, if you are planning to sell your company to your employees as an employee-owned stock purchase plan or for insurance needs.

Each of these events in your life or business life can require some level of valuation, but you don’t always need a fully-detailed valuation. Many times, you are able to agree on a value or how the value will be determined when or if these events arise.

To learn more about business valuations and how they can benefit your business, contact one of our business consulting experts.