Business Valuation

Estimating the value of a closely-held business enterprise is much more complex than merely guessing at a dollar amount a potential buyer may be willing to pay for the business. The value placed on an enterprise is related to the purpose for which the value is being determined. For example, a business valuation for estate and gift tax purposes differs from a business valuation for a partnership dissolution. Regardless of the purpose, in most cases, the valuation of an ongoing enterprise is determined from the economic benefit derived by the use of the business' tangible and intangible assets.

There is an array of internal and external factors which affects the value of a business, making the valuation process multifaceted. Each valuation engagement is one of a kind and requires conscientious deliberation of the facts, a detailed analysis of the financial data specific to the business, comprehensive research, and a complete understanding of the state of the industry and the economic outlook. The business valuation team at Cowan, Gunteski and Co. knows how to assess the value of a business based upon this information and its continued earnings and cash flows. We are frequently engaged to estimate the value of a closely-held business for a variety of reasons. Among these are:

• Estate and Gift Taxation
• Succession Planning
• Family Limited Partnership
• Mergers and Acquisitions
• Purchase and/or Sale
• Buy/Sell Agreements
• Matrimonial Litigation