Business Valuation Services
It may not be time to sell your business, but you realize that knowing; "What is my Business worth" is top priority before you decide to sell. Or, it may be that you are just "curious" about what your business is worth.
There are many reasons why a business owner may want or need a business valuation which may include marital or partnership issues, estate planning, tax analysis, business loans and insurance. We have the knowledge and experience to advise in these matters and to prepare the valuation if required.
Dailey Resources represents companies of various sizes and industries. For the Lower Middle Market and higher valued companies, we recommend and analysis performed by Dailey Resources or an independent third party to arrive at an estimated value of the company.
We can provide the estimated Fair Market Value (FMV) of a business using third party professional certified appraisers and appraisal standards. We can also provide an in-house "Range Of Value" Report.
Business Valuation Process
Dailey Resources professional staff is qualified in business appraisal and will perform the following functions:
• Thorough analysis of financial statements
• Restate financial statements to realistic economic values in contrast to tax based
or accounting based values
• An in-depth analysis of the past, present, and with the Seller's assistance, estimate the future potential of the business
• Balance Sheet analysis
• Business Operations analysis, which includes risk analysis components common to the type of business being evaluated
• Economic and Competition conditions
• Comparable sales of similar businesses
• Estimate total value utilizing standard valuation processes
• Appraiser will justifiably weight each process to arrive at a fair market value.
A "Complete Appraisal"
This is a formal presentation of the value of a business in a comprehensive written report. This appraisal explains in full detail how the value was determined and uses Standards of Professional Appraisal Practice (USPAP), Institute of Business Appraisers and/or American Society of Appraisers standards of evaluation. Such appraisals and reports are typically the highest cost appraisals and are generally quoted only after a thorough appraiser questionnaire has been completed.
These appraisals are typically used for Larger businesses where complex transactions are either practiced or contemplated and may include an such appraisals as Employee Stock Ownership Plans (ESOP) or reviews by several persons / professionals assisting in the contemplated transaction and Tax purposes.
A "Pricing Opinion"
A Pricing Opinion follows the same standards and processes as a full FMV appraisal, but limits the report to "summary" statements instead of the full report documentation. Appraiser fees are lower for these reports and vary according to size of the business and work efforts required to arrive at the appraisal price.
A "Range of Value" Analysis
Getting the highest price that the market will bring is important to anyone selling their business. We can tell you what that price range is, but moreover, we can give you some guidelines on how to set a price. We can also advise you on how to prepare your business for sale to maximize its value to a potential buyer.
Generally, a Certified Intermediary or Business Broker can prepare these reports utilizing their training, experience, pricing tools and data bases readily available to experienced professionals to arrive at a range of value. These reports are generally the lowest in cost and increase based on the size of the business and the depth of analysis required.