Truforte Business Group offers a number of valuation services including a free valuation for those looking to sell their business. For those requiring a valuation for other purposes, our Brokers can still provide a Broker’s opinion of value based on highly reliable market data with calculations based on a number of valuation methods, all done at a very reasonable cost. Although a Broker opinion of value is a highly accurate valuation that will give a business owner a good idea of a business value, it will not stand up to the legal scrutiny of a court of even most financial institutions looking to finance a business. Truforte Business Group can now handle all of your Certified Business Valuation needs performed by a Certified Valuation Analyst (CVA).
Sometimes referred to as Business Appraisals a Certified business valuation is a valuation prepared by a certified business valuator who are required to use the strict valuations procedures which are made up by well-known accredited accredited organizations. Unlike the opinion of values done by most Business Brokers a Certified Valuation done by a firm with certified valuators usually holds greater credibility and is often preferred by lenders or if a valuation is needed for legal purposes. The valuation experts used by Truforte Business Group are considered experts in their field and are certified by the National Association of Certified Valuators and Analysts (NACVA) – this is perhaps the most recognized and esteemed organization in the valuation industry.
If you are a business owner considering the sale of a business or looking to raise bank capital or private investor equity, dealing with a legal claim or action, in an exit planning mode or just looking obtain a Certified Business valuation report that holds a greater degree of credibility that will protect you and give you an accurate valuation which will stand up to any scrutiny then a Certified Business Valuation is the way to go.
Your certified valuation will:
• Inform the list price and provide the fair market value of your business if you’re selling
• Deliver the credible and reliable value of your business if buying out a shareholder
• Provide the value of your shares, as reported to the IRS, if gifting to a family or friend
• Add valuable credibility during negotiations or legal proceedings
In some instances, you may choose to provide the certified valuation report to your counterparty to further strengthen the reliability of the valuation and remove barriers. In other cases, you may be required to disclose the valuation report as required by the IRS when gifting shares or purchasing a business.
Shelia Darby, MBA, CVA, MAFF
Affiliate Valuation Expert