Detroit Business Valuations
From time to time Detroit and Michigan business owners need to obtain an independent business valuation to determine an objective value of the company. Often times this becomes a need when you are looking to sell your business, although there are other times when a valuation may be needed such as during exit strategy planning, updating partnership and buy/sell agreements, shareholder disputes, and for estate tax planning purposes. Whatever the reason, Selden Fox has 40 years of experience working with Detroit business owners seeking business valuations.
Detroit Business Valuation Experience
The Selden Fox team has years of experience working with Detroit and Michigan business owners to uncover the true value of their companies’ tangible and intangible assets.
Our team has provided business valuations for a variety of reasons, including:
- buy/sell agreements
- estate and gift tax planning
- purchase, sale or merger of a business
- succession/exit planning
In order to properly value a business, our analyst considers not only the tangible assets but also the intangible assets, such as goodwill, the skill of the management team, physical location and name recognition, to name a few. This requires the valuator to gain a thorough understanding of all aspects of the company and the industry in which they operate.
Why Selden Fox?
While there are many valuation providers, very few have the deep experience that comes from years of valuing companies in different industries with diverse value drivers. Armed with this experience, we conduct an in-depth analysis of the company’s history, present capacity, future projects, operational procedures, and more. The result is an accurate valuation report that provides insight into the company’s value and is defensible against outside scrutiny.
Organizations like yours choose to engage with us for their business valuation because we:
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Map of Detroit (MI)
Contact our Detroit Business Valuation Team
Selden Fox conducts business valuations for companies in Detroit and across Michigan. If you are interested in knowing about how we can assist your organization, please complete the form below, and we will get back to you shortly.
Business Valuations Fee Estimate
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About Detroit (MI)
The Detroit business community has undergone a significant transformation in recent years. The city has a long history of manufacturing, but in the wake of the automotive industry’s decline, new industries have emerged and the business landscape has evolved.
Today, Detroit is home to a thriving startup community, with incubators and accelerators like TechTown and the Detroit Creative Corridor Center supporting the growth of local businesses. The city is also attracting major tech companies like Google and Microsoft, which have opened offices in the area.
In addition to tech, Detroit has a strong presence in the healthcare industry, with the Detroit Medical Center and Henry Ford Health System both based in the city. The finance sector is also growing, with companies like Ally Financial and Quicken Loans headquartered in Detroit.