How To Choose Your Business Valuation Advisory

Whether you are considering your exit strategy options, developing an employee incentive plan, determining your purchase price allocation or valuation, dealing with a shareholder matter or a tax matter, working with the right business valuation firm can help meet your objectives in the most efficient manner. Here are a few things you need to consider while choosing your business valuation firm:

• The team- The advisory’s team should consist of accredited appraisers, business valuation analysts, and designated cost segregation consultants who graduated in engineering, business, finance, and economics. They should ideally hold designations and memberships with prestigious organizations. One of the leading business valuation firms based in NJ has a team of professionals that hold designations and memberships from prestigious organizations such as the American Society of Appraisers, and the Royal Institution of Chartered Surveyors, among others.

•  How credible is their opinion of value- For this, their analyses and opinions must be developed in an objective and compliant manner focusing on the appropriate standard of value and approaches. Ensure that they specialize in business valuations, purchase price allocations, cost segregations, special purpose properties, litigation support, and consulting services, among others.

• How they eliminate conflicts of interest and partiality- Make sure the accredited professional you are considering holds no interest in the asset, property, or business valued. Further, the firm shouldn’t even hold any personal interest with respect to the parties involved. Find an advisory which does not provide trading or brokerage services as this will help eliminate conflicts of interest and partiality.

An independent business valuation advisory & consulting firm based in NJ provides the confidence & support you need. From mergers and acquisitions, dispositions, management planning, financial reporting, tax planning and compliance, property tax, financing and refinancing, insurance, bankruptcy and restructuring, condemnation and eminent domain takings, to litigation and dispute resolutions, their valuation and consulting services will provide the confidence and support for your specific needs.