Business valuations play a critical role in a business’s strategic planning. WCS valuation team has the insight and experience to develop a comprehensive review and analysis to determine your business’s accurate financial assessment. Once a valuation is determined, WCS can further assist you with:
Securing outside financing.
If you need to obtain outside financing, valuations can be used as leverage when seeking investors or lenders’ financial help.
Selling or buying a business.
If you are planning to sell your business, a valuation will not only estimate how much your company is worth but also offer insights into how you can improve it. If you’re a potential buyer, your appraiser can scrutinize any assumptions the seller’s appraiser uses to justify the sale price. Even if a business sale or purchase isn’t in the foreseen future, business owners still need buy-sell agreements to guard against a partner’s sudden death, disability, or withdrawal from employment.
Business valuations are often needed for estate planning. A company’s value affects the tax-related costs of selling, gifting, or bequeathing its business interests. Failing to estimate value accurately may leave your heirs with a sizable estate tax bill that could force them to sell your company after your death.
To learn more about our Business Valuation Services contact Harry Sturgis, CPA/ABV, ASA at 410.339.6464