IMS Valuation and Forensic Consulting Services, LLC provides business valuations for clients on Long Island and across the New York tri-state area. Business value is determined by a number of different factors, including type of ownership, marketability of shares, capitalization rate, and national and local economic conditions in the industry, and is a critical factor in a range of transactions, including: -
Succession planning -
Estate planning -
Buy-sell agreements -
Securing financing -
Issuing stock -
Implementing an exit strategy -
Developing a business plan -
Obtaining a fairness opinion -
Business liquidations In any appraisal, IMS Valuation first identifies the standard of value most appropriate for the case. Fair market value, defined as “the price at which the property would change hands between a willing buyer and a willing seller,” is the standard for most valuations. Among the many other standards of value are book value, minority value, and non-controlling value, all of which offer unique advantages and disadvantages depending on the purpose of the valuation. As choosing the wrong standard of value can prove an expensive mistake, it is critical that you work with a valuator well-versed in the ins and outs of the appraisal process. Once we have determined the appropriate standard of value, the next step in the process is gathering data. At this phase, we gather past and projected future information about the business, including financial statements, tax returns, history of ownership, stock transactions, and any previous offers to buy the company. Our professionals then analyze the data using the methodology that will produce the most accurate results, such as an income-, market-, or asset-based method. Finally, we adjust the value to account for any additional factors, such as whether the business owner or shareholder had voting rights or a controlling interest in the company. Our familiarity with a wide variety of businesses and industries allows us to navigate the intricacies of the valuation process to build an accurate picture of your entity’s value. To find the value of your business or a client's business, contact IMS Valuation and Forensic Accounting Services, LLC today for a complimentary consultation. |