2020 has thrown the business world some major curveballs, especially for owners and entrepreneurs. Thousands of companies across the nation are having to re-strategize and pivot with the changing economic climate which can be stressful and heartbreaking at the same time. Sometimes it seems like there is no light at the end of the tunnel and that your whole life is in turmoil. Many times you need help making the right decisions but, you don’t always know who to ask or how to seek the most informed person available.
Have you ever considered having your business analyzed and valued to know that you’re making the right decisions and steps in the right direction? Peridot Consulting can help you in understanding and analyzing the value of your business on various levels. Many times people utilize this service when valuing their business for stock purchases (to family or partners) and buyouts or for tax purposes. Full valuations are more in-depth and utilized in business sales or purchases and stock valuations.
Hiring an experienced business valuation professional, such as John Michael Kledis, will ensure you can stand behind your value. Certification requires a business degree, proof of prior relevant experience, references, an additional exam, an additional 20 hours of continuing education and submission of a full case study.
Business Valuation - What is it?
Business Valuation refers to the process of determining the economic value of a company. It can be done using a number of techniques, formulas and agreed-upon methods. Analysts that want to place value on a company normally look at the prospective future earnings, the market value of the company’s assets, and its financial structural composition.
How do I know if my business needs valuating?
Unfortunately, this year, many people are having to consider selling their businesses. Some may be considering bringing in a new partner or seeking more capital. Do any of these questions apply to you?
Are you merging or selling your business?
Dividing or dissolving your business?
Transition the business to family or others?
Seeking capital to expand?
Adding new partners?
Considering a buy-in?
Are you In financial litigation?
How do I sign up for help?
Email John Michael Kledis, EA, CFE, CVA at Peridot@peridotconsultinginc.com.Peridot is a member of the National Association of Certified Valuators and Analysts.
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