We compile information about the operational aspects, intangibles, and risk factors impacting your company through the use of detailed questionnaires, shareholder interviews, and a review of all pertinent company information. Our ability to fully understand all financial and operational aspects of a client’s company enables us to better achieve the valuation objective and support our conclusions. This requires a full understanding of the financial statements or corporate tax returns (typically 3 years, plus available interim information) and any associated recasting adjustments to account for owner benefits; perquisites; one-time and non-recurring expenses; intangible assets; and the operational and industry risk factors that can substantiate higher or lower valuation conclusions. We also work with our clients to develop realistic projections when necessary.
Sun Business Valuations, LLC has a reputation for providing professional services at a very cost-effective, affordable fee structure. Since the scope of an Engagement and the nature of the valuation can differ on a case-by-case basis, the cost of our valuation services is determined on a case-by-case basis. Sun Business Valuations provides a consultation at no charge to understand the specifics about your company and the reason for a business valuation. During that initial phone consultation, Sun will provide a fixed fee for services.
Valuations are required or sought for a specific purpose, wherein timely results are typically an important factor. Sun has the resources to provide a completed valuation within 10 to 15 business days of receipt of the required information. If special circumstances require special timing, we will do what it takes to meet the necessary timeframe.
We routinely receive comments about how thorough and comprehensive, yet easy to understand, our valuation reports are. The valuation conclusions and analysis are presented, reviewed, and fully explained to our clients and their advisors to ensure complete understanding.
We understand the sensitive nature of a company’s internal information and treat the information with the utmost confidentiality and care. Information related to our clients is never released to outside parties without prior authorization.
Sun Business Valuations, LLC is accredited through the National Association of Certified Valuation Analysts. Our valuation conclusions are clearly presented and explained. Sun will stand behind all of its business valuation conclusions in the event of a challenge. Sun Business Valuation is affiliated with Sun Mergers and Acquisitions, a firm that handles the sale of private companies. This affiliation provides added credibility to Sun Business Valuation Reports.
The business valuation report is presented in a very professional, comprehensive and understandable manner. Our reports include:
- An explanation of the purpose of the valuation
- Relevant information about the subject company, including a description of the company and its market positioning
- Detailed recast / adjusted income statements and balance sheets
- A thorough presentation of the business risk factors specific to the company and industry
- A review and assessment of the prevailing economic conditions and trends in the industry
Most reports consider and include 4 to 6 alternative valuation methodologies and a detailed explanation of the results of each valuation method selected. Depending upon the specifics of the company and the purpose of the valuation, conclusions are arrived at utilizing a weighted average of the various valuation indications of the methodologies utilized.
Unlike many firms that rely on templates and “boilerplate” formats, Sun customizes each valuation and the selection of valuation methodologies to specifically address the unique purpose of the valuation and account for the individual aspects of each company and industry.
We appreciate that obtaining a business valuation is a serious matter with important implications for our clients. We encourage you to speak to former clients to validate our capabilities and their experiences with Sun Business Valuations, LLC. Upon your request, we would be pleased to provide multiple references.
Our professionals maintain valuation credentials from the National Association of Certified Valuation Analysts (NACVA), the American Institute of Certified Public Accountants Accreditation in Business Valuation (ABV), in addition to the CPA certification, and the American Society of Appraisers (ASA). We have extensive experience providing expert testimony, with a proven track record in court.
Please go to the “What Differentiates Sun” section of our website to see the main factors that distinguish Sun Business Valuations.
A discount for lack of marketability is a valuation discount applied in the valuation of a business, which the holder may have difficulty in selling because of such circumstances as a lack of an organized marketplace for the asset or some particular characteristics of the asset which make it more difficult to sell. The discount for lack of marketability is usually applied to the fair market value of a company.
A minority discount is a discount applied in a business valuation to reflect the fact that the ownership interest being valued is a minority interest and thus lacks certain benefits that would be attributed to a controlling interest in the company being valued. Examples include lack of management, key decision making, compensation, and liquidity timing.
Sun Business Valuations is frequently called upon to provide expert witness services. We are a Certified Business Valuation firm, hence our testimony has proven to be highly influential.