Business valuations are generally conducted when a company is being prepared for sale or during a merger/acquisition process. While these are certainly good reasons to have a valuation conducted, there are other times when a valuation is also needed. This may include developing a new shareholder or partner agreement, seeking company financing, succession planning purposes, estate and gift tax planning. In some cases, management will conduct a valuation to get benchmarking information for planning purposes.
Whatever is prompting the need for a valuation, it’s essential to work with a firm that offers the right mix of expertise, experience and practical guidance. While there are many firms that can conduct a valuation very few have the know-how that comes from years of valuing companies in multiple industries with diverse value drivers. The team at BCG & Company has years of experience preparing valuations for purposes beyond the traditional sale of a company. We do more than just identify the value of your business; we provide strategic guidance on how to leverage this information for planning or ligation support purposes when needed.
Our approach is centered on examining a number of key value drivers. This is required because rarely is there an established market price for a privately held company. There are value variables that differ between companies in the same industry that must be assessed and quantified. Our process includes an analysis of market data combined with the latest valuation techniques. All of this allows us to arrive at an accurate valuation of your business based on existing market conditions. The end result is a valuation report that can easily be defended against outside scrutiny.
Determining the correct value of your company is absolutely essential. No matter your situation it’s important to work with a seasoned provider that can answer your questions and guide you through the process. If you are looking for assistance with a business valuation, then BCG & Company wants to help. For additional information on our business valuations services, contact us at 330-864-6661, or click here to contact us. We look forward to speaking with you soon.