Why and When Your Business Should Get a Certified vs Non-Certified Valuation
Certified Valuations:
- Succession planning and/or Retirement planning
- Estate & Gift Tax, tax planning that requires an allocation of a value
- Selling the business/ mergers & acquisitions
- Buy/sell agreements and Insurance
- SBA loans and other types of financing when required
- Litigation: Buyouts/disputes, Divorce (marital dissolution) - LITIGATION REQUIRES CERTIFIED APPRAISAL
- Valuing minority and majority ownership
- Valuing stock
- ESOPs
Non Certified Valuations (Normalize financials, apply multiple to SDE or EBITDA):
- Insuring your business
- Basic succession / retirement planning
- Buyers: Strategic Valuation (what you might want to buy business for)
- Sellers: Intrinsic Value (what you want to market business for to sell it)
