It's never easy to determine the true worth of something. It's especially difficult when it comes to business. That's where a business valuation analyst comes in.
Some Reasons for Business Valuations:
· Estate and Gift Tax Planning and Compliance
· Buy/Sell Agreements
· Mergers & Acquisitions
· Partnership/Shareholder Disputes
· Divorce
· Litigation Support
· Bank Financing Requirements
· Personal Financial Planning
· Succession Planning
· Charitable Contributions
· Bankruptcy
· Insurance Claims
ABV Designation
To earn the prestigious 'Accredited in Business Valuation' (ABV) designation, CPAs must pass some of the most rigorous accreditation requirements. And only a professional with the CPA/ABV designation has the support and resources provided by the American Institute of Certified Public Accountants. Bailes & Co., P.C. has three ABVs: Robert Bailes, Dorothy Peterson, and Nick Burkett.
Bailes & Co., P.C. Strengths:
· Advanced training and broad knowledge of finance, business, taxation, management and economics
· Proven experience and competence in the complexities of business valuation
· Skill in selecting the most appropriate valuation methodology
· Objectivity and integrity in every valuation conducted
· Experience in providing expert witness testimony
· Meets annual requirements for continuing education.
Professional and Accredited
The Professionals of Bailes & Co., P.C. have the training, education, experience and sound judgment needed in a business valuation. We have the resources to perform those valuations quickly and competently. And we have the highly concentrated focus which you and your clients deserve. Experience Bailes & Co., P.C. consultants have completed hundreds of diverse assignments. This experience allows our knowledgeable valuation professionals to untertake financial advisory and valuation assignments in virtually every possible industry. Our valuation analysts testify on a regular basis, but they also assist in arbitration, mediation and settlement negotiations. We know that an educated and experienced staff is only part of developing a successful project team that results in a top-notch analysis. Additionally, it requires a commitment to quality and the ability to communicate effectively with all relevant parties. Every client has specific needs, and we dedicate the time to understand your needs and expectations and take pride in surpassing them.
Selecting a Business Appraiser
The business valuation profession does not have a clearly defined educational path. No specific college major exists for business valuation, nor are there any governmental licensing requirements to prove minimum competency. Because of this lack of a specific career path and licensing requirements, many individuals with different backgrounds claim expertise and perform business appraisals often with poor results. Business appraisers typically come from one of the following groups: certified public accountants (CPAs), business brokers, college professors, and stockbrokers. Without special training and business valuation credentials, individuals from these groups are less prepared to do business appraisals. In 1997 the American Institute of Certified Public Accountants (AICPA) established a special credential for business valuation called Accredited in Business Valuation (ABV) to demonstrate competence in business appraisal. Approximately only one percent of the CPAs across the nation currently hold a credential in business valuation.
