JonesKohnaski offers professional business valuation services to help business owners fully understand the value and worth of their business. Valuations have historically been done only at the time a business owner intends to sell the business or if required as part of a financial institution’s lending process. We at JonesKohanski believe there are other valid reasons for a business owner to know the value of their business well before the time to sell or transition the business to someone else. For example, you may have an opportunity to sell or merge your business; you may want to allow a new partner to buy into your business; you may want to separate from business partners or shareholder, etc. As a result of these and other events, business valuations should, in fact, occur with a certain amount of regularity.
Some business owners rely solely on assumptions or perceptions when valuating their business. This practice can end up being a costly one. Others understand that, over time, their business—as well as industry and economic conditions—grow, change, and progress. These factors all affect the bottom-line valuation of any business. A proper valuation takes into account the gamut of business and industry components as well as relevant estate planning and/or ownership transition concerns.
When JonesKohanski performs a business valuation, we ensure critical business and estate planning issues are addressed. We examine how much cash your business generates, its expected growth, and the ROI buyers of your business would expect. We look at fair market value and use industry-specific valuation factors to assign an appropriate value to your business—one that results in proper legal and tax implications.
The need to have a current, professional business valuation, rather than making an assumption in terms of your business’s worth, is clear. JonesKohanski is available to partner with you in the process.