Business Appraiser: The Trusted Partner for Valuing Your Business
Who Is A Business Appraiser? A business appraiser is a professional who evaluates the value of your business by analyzing its assets and liabilities, income, market position, and, most importantly, growth potential. They use various valuation methods like the asset, income, and market approaches and provide a detailed valuation report. What good does it do? […]
Who Is A Business Appraiser?
A business appraiser is a professional who evaluates the value of your business by analyzing its assets and liabilities, income, market position, and, most importantly, growth potential.
They use various valuation methods like the asset, income, and market approaches and provide a detailed valuation report.
What good does it do? It helps you make smart, informed decisions to buy, sell, and improve your businesses.
Understand Your Business Value and Potential
Expert business appraisers use various methods and techniques to estimate the fair market value of your business based on its assets, income, cash flow, market position, growth potential, and other factors.
With their detailed reports, you will get a clear and accurate picture of your business’s worth and growth potential.
To learn more about valuation methods, you can refer to our guide: The Ultimate Business Valuation Methods Guide in 2023.
Make Informed Decisions For Your Business
It is not all about figuring out the true worth of your business. It is about making the right choices.
A certified business appraiser can help you make smart decisions about buying, selling, merging, or investing in a business.
With all the information there is to know in your hands, you will be able to negotiate better deals, avoid overpaying or underselling, and maximize your returns.
Expert Business Appraiser To Help Improve Your Business Value
Our business valuation appraiser helps you improve your business value and performance, something you want for your business.
But how do they do it?
They do it by providing recommendations and suggestions on optimizing processes, increasing efficiency, reducing costs, and enhancing profitability.
You will be able to identify and solve problems, implement best practices, and achieve higher results.
Communicate with Stakeholders Effectively
In addition to an array of benefits, our business appraisers also help you communicate with stakeholders such as investors, creditors, and business owners.
They provide a professional, unbiased, comprehensive report explaining how the valuation was done and what factors influenced it.
It is one of the major benefits because you will be able to demonstrate your credibility, transparency, and accountability.
Confident Future Planning with Trusted Business Appraisers
A certified business appraiser can help you plan for the future by identifying opportunities and challenges for your business and setting realistic goals and strategies.
You will be able to anticipate and adapt to changing market conditions, seize new opportunities, and overcome obstacles.
The benefits don’t end here. These are just some of the key benefits you get when hiring business appraisers. To learn more about the benefits, you can refer to our blog: Business Appraisal Benefits: How to Make the Most Out of It?
Our Proven 5-Step Process
1
Initial Consultation & Engagement Letter
We start by having a thorough discussion with you to understand your needs and goals, followed by a detailed information gathering.
We then draft an engagement letter outlining our services, timeline, fees and confidentiality terms.
2
Optimal Methodology For Thorough Valuation
We determine the most suitable appraisal methodology and use it to evaluate your business’s fair market value.
We analyze your business’s financial performance, including income statements, balance sheets, and cash flow.
3
Report Preparation & Client Review
In this phase, we compile all of our findings in a comprehensive appraisal report.
We present you with the report for review, address any questions or concerns that you may have, and make any necessary adjustments.
4
Post-Valuation Consultation & Assistance
Post-valuation, we offer recommendations and our expert insights on how you improve your business’s performance, increase its value, or address any specific challenges that we identified during the appraisal process.
5
Ongoing Support &
Follow-Up
We provide continued support to you, including assistance with negotiations with mergers and acquisitions, litigation support, etc.
We maintain steady communication with you to track your progress and offer our support if need be.
We Have More To Offer
At Arrowfish Consulting, our team of highly experienced economists, forensic accountants, and expert witnesses with 200+ years of combined hands-on experience offers tailored services for your needs.
We specialize in the following niches:
- Matrimonial Disputes
- Fraud Consulting
- Commercial Insurance Claims
- Commercial Damages
- Personal Injury Mediation
- Shareholders and Partnership Disputes
- Business or Employee Fraud Investigations
- Corporate Bankruptcy Cases
Benefits of Partnering with Us
Quality
We deliver high-quality results that meet your expectations and needs. It is not what we say; it is what we do. We use the latest tools and technologies and follow the industry’s best practices and standards to ensure you get highly accurate and reliable results.
Experience
Since our inception, we have gathered over two centuries of combined industry experience in valuing businesses and other financial services of different types and sectors. We have worked with clients from various locations and backgrounds. We have the expertise and knowledge to handle any challenge we may face down the road and come on top on the other end.
Reputation
We have a reputation for excellence and professionalism, and that isn’t something that we say lightly. We have received positive feedback and reviews from our previous clients. We have established long-term relationships with our clients based on trust, respect, and reliability.
Confidentiality
The protection of your sensitive information is our top priority. We handle it with utmost discretion and professionalism when we work on your case. We do it so you can rest assured that your confidential information will be treated with the highest care and security throughout the process.
Personalized Approach
It goes without saying that every case is unique, and we understand what that means. That is exactly why we tailor our approach to your specific requirements. With extensive research and through collaboration, we develop personalized plans to address your concerns and goals.
Frequently asked questions
What is a business valuation, and how does it work?
Business valuation is the process of determining how much your business is worth. In the process, we consider all the details and intricacies of your company to arrive at its final, fair market value.
There are various approaches that can be used to appraise your business based on various factors, like the nature of your business, industry, etc.
These methodologies include the asset approach, market approach, and income approach.
Why is a third-party business valuation important?
Getting a third party to appraise your business is crucially important because it provides you with an unbiased assessment of your company’s worth, as a third party does not have personal interests or any chips in the game.
You can trust and use this unbiased assessment to deal/negotiate with buyers, lenders, partners, or government agencies.
Who performs the business valuation?
Business valuations are carried out by accredited professionals, often referred to as business appraisers, who have the necessary knowledge, experience, and resources to accurately assess your business’s fair market value.
Is there a difference between “book value” and “fair market value”?
Yes, there is a huge difference between the book value and the fair market value of your business.
We get the book value of your company by valuing the totality of your business’s assets and subtracting the liabilities from the sum.
On the other hand, fair market value (FMV) is the price your business would sell for, considering you and the buyer are aware of the assets, are making choices in your own best interests, aren’t under any unusual pressure, and have enough time to make the deal.
Why can’t my CPA appraise my business?
Certified public accountants (CPAs) cannot appraise your business as they typically do not have the relevant qualifications, experience, and specific expertise that is required for in-depth business valuations.
How much does a business appraisal cost?
There is no “one size fits all ” when it comes to the cost of business valuations.
Business valuation varies based on the size and complexity of the business being evaluated and the pricing method (hourly or flat fee).
You can get in touch with our team to verify charges, hourly vs. fixed fees, and any extra costs like travel to understand your expenses, get a free quote and plan accordingly.
How does the Seller’s Discretionary Expenses (SDE) impact the value of my company?
Seller’s Discretionary Expenses (SDE) are costs that help the owner but aren’t necessary for running the business. SDE can influence the value of your business because it is often added back to your business’s profits during the appraisal process.
This helps us come up with a more accurate valuation because it helps the buyers see exactly what your business is capable of and how much it can really earn.
Are business appraisal fees tax deductible?
Business appraisal fees may be deductible, but it depends.
If you get your business appraised for legitimate business reasons, like selling it, buying it, or getting a loan, you can likely deduct those fees as business expenses on Schedule C.
However, if you get the appraisal for non-business-related reasons like planning for your estate or personal taxes, you typically can’t deduct the appraisal fee as business expenses.
Instead, you might be able to present them as deductible on your personal tax form if you meet certain rules and itemize your deductions on Schedule A.
In any case, tax laws are different in different states and can change over time. So, we recommend that it is in your best interest to seek advice from a seasoned tax professional for your specific situation.
Let’s Get In Touch!
It goes without saying that hiring a certified business appraiser is the best choice you can make for valuing your business.
Whether you are looking to buy, sell, merge, or invest in a business, we can help you achieve your goals.
Instead of searching “business appraisers near me” on your browser, we recommend contacting us today for a free consultation with the top appraisers. You can call us at (801) 839-5778 or fill out the form to schedule a free consultation.
We are ready to help you achieve your business goals.