Business Valuation

Why should I know how much my business is worth?
When you think of business valuations, what comes to mind? Net profits? Gross sales multiplied by an industry percentage? These are just a couple of ways business owners attempt to place a value on their business. The result? A value that may be too high or too low. The real advantage of knowing the intrinsic value of your business is two-fold.

First, you can use it as a management tool. Valuations allow owners to identify strengths and weaknesses in the business that affect value. Correcting weaknesses can positively affect a business’s worth. Second, valuations work to help you safeguard your hard-earned assets. By knowing the true value of your company, you can avoid overpaying estate taxes and escape low bids from prospective buyers.

When would I use TravisWolff’s services?

• Selling or buying a business
• Marriage dissolution
• Buy-sell agreements
• Estate or gift planning
• Life insurance planning
• Corporate reorganizations
• Employee stock option planning
• Compensating key employees with stock
• Shareholder disputes

How do I choose a business valuator?
A critical part of ensuring that you walk away with your fair share is finding a qualified, credible business valuator. An experienced professional can value intangibles and tangibles and choose the correct methodology that result in a valuation that will withstand even the toughest litigator. And if litigation is involved, you want to ensure that your business valuation special list can communicate, in plain English, how he or she arrived at the value of the business.
 

What is the advantage of mediation over a court trial?
We encourage mediation of valuation disputes whenever possible. Why? You save time and money. We help you analyze and resolve matters in dispute so you may be able to come to a resolution in a less expensive and more timely manner than by trial.
 

When should I mediate?
Always. Judges across the country are encouraging individuals and businesses to use mediation to help settle disputes and avoid litigation. As mediators with specialized training, we have mediated valuation disputes for divorces as well as for various types of civil disputes. We can put our in-depth financial and mediation experience to work for you in this area.

Why TravisWolff?
TravisWolff’s Business Valuation Group has more than 20 years of combined experience in business valuations in a variety of industries. We have performed hundreds of valuations totaling more than $200 million in appraised values for privately held corporations and businesses.

Our staff has extensive training in business valuation and is accredited by all the major accounting organizations. Our valuation professionals adhere to the principles and recommended practices of recognized valuation industry organizations.

Our group provides a full range of business valuation services covering every need – from full written reports of our opinion of value to providing an estimate of value. When you choose to work with the TravisWolff Business Valuation Group, your valuation is in good hands.
 

Related Bios: William A. Barnard, Janet E. Stigent-Burns