It’s common for business owners to believe that a valuation is only necessary when the decision is made to sell the business. However, this is simply not the case. There are several situations beyond buying and selling when a valuation is necessary, including preparing new shareholder agreements, estate and gift tax planning, seeking company financing, divorce, and even partner disputes. Often management will request a valuation for strategic planning and industry comparison purposes. Truly understanding the value of your company is essential for planning, benchmarking, and reasons that extend beyond the sale of a company.
Our professionals sort through the intricacies and thoroughly analyze a company’s dynamics and financial health against the backdrop of current economic conditions and industry trends in various situations, including:
- Preparation for the sale of the business
- Estate and gift tax planning
- Succession planning
- Mergers and acquisitions
- Allocation of acquisition price
- Buy/sell agreement creation and negotiation
- Shareholder transactions
- Incentive compensation program creation
- Stock compensation arrangements
- Litigation matters, such as bankruptcy, divorce, economic damages, fraud, eminent domain and partner or shareholder disputes
- Charitable contributions
- Fair value accounting matters
Whatever the reason for the valuation, the team at Selden Fox has years of experience working with Chicagoland business owners to uncover the true value of their companies’ tangible and intangible assets. We have been providing business valuation services since our inception in 1978, and in 1997 we acquired Business Valuation Analysts Inc. (BVA) as a wholly owned subsidiary.
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.