Comprehensive Business Valuation Services in Concord
A formal business valuation is essential for understanding the economic value of a business. Whether you are looking to buy a company or are experiencing a significant event in your enterprise, a professionally prepared valuation can anchor your financial standing by showing its past performance and revealing opportunities for improved profitability.
Plodzik & Sanderson, P.A. can help you and interested parties understand the actual value of your enterprise, from its talent and assets to its earning potential. Our skilled CPAs are ready to help you achieve your goals and provide cloud accounting solutions. We offer different levels of service depending on what you need, and we are available to meet remotely on zoom or over the phone. For comprehensive business valuation in Concord contact us today!
Our Business Valuation Services
We offer a unique systematic approach to business valuation. Our initial step is to get to know your enterprise by learning your history and evaluating the future. This preliminary phase helps us understand what your business means to you and how our solutions fit your goals. Our experienced accountants will then begin their research.
Upon the conclusion of our research, we determine how healthy your company is and the benefits it brings to the owners. We then figure out the purpose of the valuation to determine the correct approach. Our Concord business valuation services include:
How Valuations Can Help
Before we pursue a business valuation, it is critical to identify your end goals. Why are you valuing your business, and what are you trying to accomplish? We perform Concord business valuations by using assessment, relevant information, and experience. Our professionals are well qualified to value your enterprise with high accuracy, giving you confidence in your business and its respective market. Business valuation services are helpful and often necessary in the following situations:
Expert Valuation Approaches
We base our professional valuations on GAAP (Generally Accepted Accounting Principles). These are simply a set of guidelines that regulate the reporting for public companies, private businesses, non-profits, and government authorities.
The guidelines in GAAP create transparency and consistency on common topics such as intangible assets, revenue recognition, and depreciation. We also observe guidelines set by the IFRS (International Financial Reporting Standards).
We understand that each business is unique, and internal and external factors affect value. There are three ways to determine the value of your business:
Income Approach: The income approach uses the economic principle of expectation. It assumes that the value of the enterprise is equal to the current value of the income that the business will generate. Expected returns on the investment are capitalized or discounted at an applicable rate of return to mirror investor risks and hazards.
Market Approach: Under the market approach, the valuation is determined by the principle of substitution. The fair market value of a closely-held business is estimated by using the prices that investors pay for the stocks of similar companies. This method uses multiples that are ratios of particular financial metrics (such as share price or sales per share), allowing enterprises to compare financial information across related companies.
Cost or Asset-Based Approach: The asset approach is applied when the benefits of operating an enterprise do not outweigh the actual value derived through the liquidation of assets. Methods used under this approach take a controlling premise of value. They include the Net Asset Value Method, Capitalization of Excess Income Method, and Adjusted Net Book Value Method.
Consulting & Forensic Accounting
Our firm is by your side in times of complex financial issues and trials that involve accounting documents as essential evidence. With the information collected, we can then help to plan a course of action. In civil disputes, such as the kind between business partners or divorcing spouses, we can offer suggestions or advice on what would be a fair settlement.
Our forensic accountants apply their unique abilities in both federal and state cases. We supply expert testimony to help judges and juries understand the findings so that the evidence supports a fair verdict. You can also depend on us to assess the opposing accountant's results and counsel on the approach for cross-examination.
Your Trusted Source for Valuation Services in Concord
Having comprehensive and accurate insight into the value of your business is crucial for making the right decisions for the future. Whether you are looking to grow your business, reevaluate your existing business strategy, or draw investors, customized business valuation services can effectively determine your position within the market.
Our knowledgeable and professional team is ready to provide a broad range of services. We always take a proactive approach to meet your goals and needs. To learn more about professional business valuation services in Concord, contact Plodzik & Sanderson, P.A. today!