Valuation

Rick Gray recognized as an Outstanding Member of NACVA
Wednesday, November 5, 2008
We are pleased to announce that Richard Gray, CPA/ABV, CVA, ASA has been recognized as an "Outstanding Member" by the National Association of Certified Valuation Analysts (NACVA). NACVA selects only eight individuals per year to honor with this accolade. The Association supports the users of business and intangible asset valuation services and financial forensic services, including damages determinations of all kinds and fraud detection and prevention, by training and certifying financial professionals in these disciplines. Outstanding members are determined based on their professional achievements and contributions to the profession. Please click through for Rick's personalized profile in response to this achievement, which has been posted on NACVA's website and distributed in their fourth quarter newsletter, and to learn more about Rick and the services he provides.
 
Do you know what your business is worth?
Wednesday, August 13, 2008
Most business owners will tell you that their most valuable asset is their business. But if pressed to tell you what their business is worth, most owners would either not be able to provide an answer, or else their figures would be way off the mark (and they wouldn't even know it). There are three ways owners typically address this question: some would say that their business is worth book value; some would quote a multiple of revenue that they heard from somewhere; but most owners simply have no idea how much their business is actually worth and would be unable to answer. The business valuation process can assist you in addressing critical business and succession planning issues, provide for the future life of your business, and potentially eliminate the need for costly litigation.
 
A special use valuation may help you pass on your legacy
Friday, April 20, 2007
As the owner of a successful company, you may consider your business to be part of your legacy. If possible, you might appoint family successors to take over the operation after you die. In any event, you would like to see the business continue for the foreseeable future. To ensure your legacy, establish the groundwork for "special use valuation." If a timely election is made by your executor, it may reduce the value of the estate by a sizeable amount. Depending on the particular facts, it may even eliminate the estate tax the family must pay.  Click through for details about special use valuations and determine if one is right for you.