Business Valuations
We can assist with all varieties of business valuations for any purpose. We can perform Stage 1 through Stage 3 valuations, depending upon your specific needs and budget.
Expertise Beyond Measure
Our team of seasoned valuators stands as a testament to our commitment to excellence. Some valuations can be performed in-house, and we have relationships with other professions in a variety of industries that can assist for specific requirements. Occasionally, but not always, a valuation may be staged up to the next stage, which depends upon the case-by-case context.
Intellectual property valuation and other valuations of property or proprietary interests, as distinct from a business valuation, follow the same structure as set forth below. For example, a valuation of a logo could be a Stage 1 valuation or as significant as a Stage 3 valuation—it simply depends upon the needs of our client.
3-stage VALUATION TYPES
sTAGE 1 valuations
Budget Friendly for Non-Litigation Deals and Business Transfers
Stage 1 Valuations are a great option to save money and to get a baseline of value applying a reasonable degree of science, without statistical deal metrics. Often used for friendly mergers, acquisitions, business purchases, and strategic planning. In order to save cost, the reports are not certified. Stage 1 Valuations are not suitable as expert opinions or as evidence in litigation. However, these valuations may be used in certain governmental processes where permitted by law.
STAGE 2 valuations
Unaudited Certified Valuations for Litigation-Expert Report
Stage 2 Valuations are certified by a BVA, ABV, or other appropriate professional. The reports may also be used in litigation as expert reports, if and in accordance with applicable rules. Because these valuations are certified as expert reports, they use a significant amount of resources, including statistical comparative deal metrics and often deeper tax review. Stage 2 Valuations are significantly more expensive than a Stage 1 Valuation. The expert report preparation is a distinct fee from expert testimony, if testimony is required.
stage 3 valuations
Audited Certified Valuations-Expert Report
Stage 3 Valuations are used when the highest level of certification is required. It includes all the attributes of a Stage 2 Valuation, but also has a deeper and review of the context facts, often managed by a team. The term “audited” is not the same as in accountancy, but is a term of valuation categorization. It is not a per se audit or forensics review, but will have some of those incidents, including a blind cross-check verification procedure. A Stage 3 Valuation is usually prohibitively expensive under usual circumstances and used in litigation and extremely large deals only. It is selected where the controversy or assurance justifies the cost.