Get Going In Business

People seek business valuations for a variety of reasons. Often, triggered by a court order in divorce proceedings or to settle a dispute. Valuations can also be obtained in anticipation of buying or selling your business to a third party. In today’s podcast, Ryan Moore, a manager at Riney Hancock CPAs, tells us about the methods used to determine the fair value of your business. Someone with the right expertise and competence such as a CVA or ABV should conduct your valuations. Click here to find more information on our website. Two well-known professionals in this field are: Certified valuation analyst (CVA), accredited by the National Association of National Association of Certified Valuators and Analysts; Accredited in business valuations (ABV), a designation awarded by the American Institute of Certified Public Accountants (AICPA). Business Valuations Methods: The income approach, which assumes the value of your business, is a function of the economic benefit of the business. Commonly used for