Simply put, a business valuation is an opinion of the fair market value of a business (or apportion of a business)
Fair market value is the price at which a business would change hands between a willing buyer and a willing seller, neither of whom are under any compulsion to buy or sell, with both having reasonable knowledge of relevant facts.
How Does Premier perform a valuation of my business?
Before we will accept any engagement, we will first confirm the proper type of valuation for your business. For purposes such as preparing your business for sale or buy/sell agreement, we offer a Limited Business Valuation or a Summary Business Valuation.
In determining the value of your business, we consider all appropriate valuation methods. However, in most cases, we use the Market Comparable Method, which is generally considered to be the most appropriate method for valuing privately-held businesses.
We compare the revenue and the discretionary cash flow characteristics of your businesses that have been sold in order to determine the appropriate fair market value of your business.
How do we assure confidentiality?
We understand your concern and take the issue of confidentiality seriously.
1. As valuation professionals, it is our job to maintain confidentiality at all times. As such, all conversations-mail correspondence, notes and reports, computer files and financial data remain in our secure office at all times. Furthermore,
we recommend that you send such information using "delivery continuation" for security purpose.
2. As part of our evaluation service, we conduct client interview in order to clarify any questions that may arise alter reviewing the financial records of the business. However, when we contact you to ask theses questions, we practice discretion so no one is advertently made aware of our service to you.
3. Finally, we do not maintain any type of mailing list, nor we disclose your information to any third party. In fact, after we perform our services for you, you will need to contact us if you require our services in the future.