If you are thinking of selling your company and believe you need a complete, formal valuation done, you may want an independent valuation in order to arrive at an objective determination of value before proceeding.
A valuation expert needs to be knowledgeable of accounting, taxes, economics and finance - and be adept at assessing which approach is best to use in determining value: the income, asset or market approach.
In addition, it is essential that your company's valuation be performed by a well-trained professional accredited by a nationally recognized organization. One of the premier valuation training organizations is the National Association of Certified Valuation Analysts (NACVA), and our independent valuation expert, Wooda H. McNiven, MBA, AVA, CDR-USN (Ret.), is accredited through NACVA.
Conducting a proper business valuation includes many facets, among them:
- Constructing and analyzing economic/normalized financial statements
- Performing a comparative analysis
- Selecting proper income
- Estimating future earnings
- Selecting and developing proper capitalization rates
- Distinguishing and converting pre-tax and after-tax rates
- Applicable revenue rulings
- Allocating components of value
- Selecting and applying the proper valuation method.
While Wooda specializes in M&A-related valuations, he is also able to help you define your valuation objectives and determine how best to address your specific situation. Wooda has performed valuations for companies in a wide range of industries and has worked with Woodbridge since 2002 as the firm's key financial analyst.
