Business Appraisals
During the past 35 years, our firm has been involved in appraising businesses ranging in size from the corner grocery store to multi-million dollar manufacturing concerns.
Our experienced appraisers are qualified to meet the standards of the Internal Revenue Service, Courts of Law, the Appraisal Foundation, and Professional Appraisal Societies.
What Purpose Does it Serve
There are many reasons why you may need to know the value of a business or business ownership interest. Here are just a few:
- Buying out a partner or shareholder
- Estate planning for gifts or inheritance
- Taxation issues such as probate or federal estate taxes
- Marital dissolution
- Allocation of purchase price among tangible and intangible assets
- Employee benefit plans
- Buying or selling a business
- Litigation support issues involving lost profits, economic damages, or bankruptcy
Eligibility Criteria for Appraisers
The business appraiser you hire should meet the following criteria:
- Be independent of the client
- Possess professional designations in the discipline of business valuation
- Have experience in appraising businesses similar to the one being appraised
- Be able to testify, if needed, under the pressure and scrutiny of the opposition
- be able to furnish references that will confirm the appraiser’s experience
The appraisers on our staff meet the above criteria. They are tested and certified by professional appraisal societies to ensure that they are up to date on relevant appraisal methods and procedures.
Timely Resolution at Affordable Rates
An appraisal report that is well documented and properly supported will often preclude the need for litigation, which will save you both time and money. However, if there is a need for expert testimony, our appraisers are well versed in deposition and courtroom procedures and can verbally present and defend our research and appraisal methodology. Whether the need is for a limited appraisal, comprehensive appraisal, or litigation support, the staff of Certified Appraisers, Inc. can meet your needs in a timely manner and at a reasonable cost.