Business Valuation

Do you know what your business is worth? A business valuation requires expertise in numerous disciplines and should only be performed by an analyst with proper training, experience and credentials. The purpose of a valuation will ultimately dictate the standard of value to be used, the audience of the valuation, the type of report or means of communicating the result, as well as the analyst’s relationship to the engagement (expert or consultant). The scenarios in which a business valuation may be required include:

• Estate and Gift Tax Matters
• Purchase/Sale of Privately Held Enterprises (Merger/Acquisition Activity)
• Marital Proceedings
• Shareholder/Partner Disputes
• Exit Planning

Brad Smith, CPA, ABV, CVA is in charge of the business valuation services provided by Smith & Co., LLP. Please contact our office to schedule an appointment or to request information about business valuations.

A properly prepared business valuation yields knowledge about the value drivers of the subject enterprise and results in a value-enhancement tool for management.

Exit Planning

A successful transition in the ownership of a private enterprise requires planning, time and a commitment to the Exit Planning Process. Understanding the value of your business is a necessary first step. The professionals at Smith & Co., LLP can guide you through this process and assist in the achievement of your Exit goals. There are numerous methods and strategies to close a deal between buyer and seller that are both business-wise and tax-wise. The transfer of an operating company is a dynamic process with many variables that should not be left to chance. If you are considering, or are in the process of, developing a succession (Exit) plan…please contact our office to discuss how we can assist or to request a free White-Paper on the Exit Planning Process.

Personal Financial Planning

The financial planning process incorporates personal goals and aspirations with matters related to: economics, finance, investments, insurance, law and taxation. It is necessary to develop a firm understanding of the client’s (your) needs, objectives and present financial status. This knowledge is the foundation for developing the plan and recommendations necessary to achieve the desired results. Our objective in this process is to assist you in the following:

• Creation and Growth of Wealth
• Protection and Preservation of Wealth
• Planning the Distribution of Wealth During Life
• Planning the Distribution of Wealth at Death

Please contact our office to discuss your financial planning needs or to request more information about this process. We can illustrate how to best create a reliable paycheck in retirement in a tax-wise manner.