Understanding the value of your business is important at any stage, but particularly when you are considering your growth plans or an exit. Management teams often take a professional valuation as a base line and then re-evaluate with their regular business planning events to chart the value increase of key strategies.
Divorce is a stressful and often complex time. Getting a professional valuation of your business is required when assets are being assessed and settlements agreed.
Clearly when selling your shares or business interests it is important to have an independently assessed valuation carried out. This valuation can be used by you or shown to the potential buyers to make sure that realistic offers are being made. Business Broker costs are typically high and usually commit you to selling your business with that Broker.
If you, or one of your fellow Partners/Directors is looking to retire there can often be disagreements over the valuation of their shares or ownership. An independent report on the valuation audited by a Chartered Accountant can help balance the discussions to make this process easier and less contentious.
On the death of a family member who owned a business, it is important to have an independent valuation carried out on their ownership. We work with the solicitors and company accountant to provide a professional, comprehensive and independent valuation.
Unfortunately, disputes between shareholders and partners is all too common. If these cannot be resolved amicably, then one or more of the shareholders/partners may want to leave the business and redeem the value of their ownership. An independent valuation is required to ascertain what this is worth.
Professional businesses need to consider shareholder protection, key man assurance, directors and officers insurance, professional indemnity, trusts and other asset protections to cover them in case of business difficulty or litigation. Having the business independently valued is vital to ensure that this is done correctly.
If you have a Self Invested Pension Plan (SIPP) or a Small Self Administered Scheme (SSAS) business valuations are often required, particularly if borrowing to buy business premises. We can work with you and your Financial Advisor to value company assets.
Management Buy Outs and Management Buy Ins have become a popular succession route for owners looking to exit a business or parent companies wanting to dispose of a non-core business. These both require an independent valuation of the company.
Whether you are borrowing for growth, cashflow, to buy assets, to acquire a competitor or consolidate other borrowing, knowing the value of your business pre and post this transaction will help with your decision making and is often required by the lender.
Reach out with any questions that you may have or to start the process of getting your business valued.
The Valuation Team. The Tannery, Kirkstall Road, Leeds, West Yorkshire, United Kingdom, LS3 1HS
