The Closely-Held Business
From our perspective, business valuation involves reaching a conclusion regarding the estimated value of a non-publicly traded business or business interest. Determining an accurate and reasonable estimate of value requires specialized knowledge, training, and experience. First, a closely-held business may have different operating objectives and reporting standards, fewer financial controls, limited oversight, and greater risks related to operation, capital, and the market. Second, as a closely-held business or interest, any estimate of value must consider such factors as control, marketability, liquidity, and goodwill.
Our valuation experience includes business enterprises and interests from almost every industry sector including manufacturing, distribution, service, real estate, energy, construction, finance and insurance, healthcare, and food service. That experience includes valuation of proprietorships, partnerships, corporations, family limited partnerships (FLP), and limited liability companies (LLC).