Business valuation is not an academic exercise; it’s a process to help you understand the proceeds you will receive from a transfer of your business – either from a sale to key employees or to an outside party. Our team analyzes business metrics, current trends in the financial markets, and developments in your industry. We understand your competitive advantages and can help you engage in a proven process for strengthening your business and increasing its value.
Our business valuation services provide independent, supportable assessments of business interests, ownership shares, intangible assets, and related financial assets. We help clients understand value for strategic planning, purchase and sale transactions, tax and estate matters, litigation support, and other important business decisions.
Our principals – Donald Feldman and Izabela Szymanska – hold the designation Certified Valuation Analyst awarded by the National Association of Certified Valuators & Analysts, the premier business valuation organization in the U.S. Combined we have over thirty years of experience valuing a wide variety of companies.
We use a Fair Market Value standard for most of our valuation work. What would a reasonable buyer pay for the business understanding all the important facts about the business and industry? Business valuation is a forward-looking endeavor. A buyer wants to estimate what the business is likely to generate in future returns. This requires an in-depth understanding of all the aspects of the business including: the industry, competitive environment, historical financial performance, opportunities for growth, management depth, operations, marketing, and human resources.
We apply recognized valuation methods including the income approach, market approach, and asset approach, selecting the methods most appropriate for the facts and circumstances. Our analysis considers historical and projected financial results, market data, risk factors, growth expectations, capital structure, and relevant economic and industry conditions.
Depending on the engagement, deliverables will include a full valuation report or a calculation of value report. Each deliverable is designed to clearly explain the valuation purpose, assumptions, procedures performed, selected methods, conclusion of value, and key factors affecting the result.
Our valuation process is objective, well-documented, and tailored to the client’s needs. We provide clear analysis that supports informed decision-making, improves transaction readiness, assists with regulatory or tax requirements, and helps stakeholders resolve complex financial questions with confidence.
You have spent blood, sweat, tears (not to mention time, money and sleepless nights) in building your business and now you are looking to cash out. How can you maximize the value of your business in the eyes of a buyer? Preparation.Make sure you understand…
Pricing your service business for sale Valuation of closely-held businesses requires estimating future cash flows and then discounting those cash flows at an appropriate rate. Historical financial information is only important in so far as it suggests what to expect in the future. Historical information…
The case of law firms: An adventure Valuation of closely-held businesses is deceptively straight forward. It requires the discounting of future cash flows at an appropriate discount rate. Estimating future cash flows and selecting an appropriate discount rate are not easy, but they can usually…
Law Firms – Overview Valuation of closely-held businesses is deceptively straightforward. It requires the discounting of future cash flows at an appropriate discount rate. Estimating future cash flows and selecting an appropriate discount rate are not easy, but they can usually be done. This process…
EBITDA, an acronym for Earnings Before Interest, Depreciation & Amortization, is one of the most widely used terms in the world of business valuation, mergers & acquisition, and financial analysis. One hears all the time that businesses are priced as a multiple of EBITDA—e.g. five…
My business valuation clients are frequently surprised by the in-depth analysis required in order to do a business valuation. The classic statement of business value is the “present worth of future cash flows”. This statement requires determining two key variables: 1) a good estimate of…
