James R. Baird, III, CPA, CVA

One of our firm partners in the Audit and Business Valuation Group, James (Jamie) works closely with our clients, their controllers, and bookkeepers, in providing tax and accounting services that best meet their diverse needs. Jamie’s experience includes serving public and closely held businesses with accounting and auditing, profit enhancement, business plan analysis and business valuations. His experience includes working with companies in various industries including real estate, healthcare, manufacturing, and not for profit.
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Business Valuations | Improve Your Strategy

Posted by James R. Baird, III, CPA, CVA on Apr 24, 2017 3:22:00 PM

What are business valuations?

"The process of determining the economic value of a business or company. Business valuation can be used to determine the fair value of a business for a variety of reasons, including sale value, establishing partner ownership and divorce proceedings. Often times, owners will turn to professional business valuators for an objective estimate of the business value." - Investopedia

A business owner’s largest asset is the investment in their business, but few realize what the value of their business actually is. 

Understanding a business's value can help its owner(s) make decisons regarding but not limited to, the following:

  • Buying or selling a business
  • Gift and estate planning,
  • Creating a succession plan,
  • Filing an insurance claim
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Topics: Business Valuation, business strategy

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