Closely held businesses are valued under certain definitions and conditions of value. As such, a business valuation can be an important business planning and investment tool even if the valuation is not prepared for an actual sale of a business or fractional ownership interest therein. In general, business valuations can be used for:

• Mergers & acquisitions and sales negotiations
  
  
• Estate & gift tax planning, including charitable contributions
  
  
• Ownership transfer planning, including buy-sell agreements and employee stock ownership plans (ESOPs)
  
  
• Strategic planning purposes, including forecasting, recapitalization, and noncompete covenants
  
  
• Litigation support

Since 1974, Capital Valuation Group has valued hundreds of closely held businesses and given formal testimony in both state and federal courts. Conclusions of value can be tailored to our client’s particular needs, from an oral discussion of an initial value range to a detailed, comprehensive valuation report that is supported by established valuation theory and recent research along with relevant economic, industry, and financial analyses. For more information on the business valuation process, please see our publication An Introduction to Business Valuation.