Business Valuation & Litigation Support
Business Valuation
There are times when a business owner faces the simple question, “What is this business worth?” Answering this simple question often involves a combination of science, experience and some involved and potentially complicated issues. The business appraisers at DPVB are committed to giving answers in ways that offer practical insight into the strategic, operational and financial affairs of a business.
Our goal is to have our clients understand real value while at the same time providing high quality, defensible business valuation reports. Our reports have been peer reviewed so you can rest assured that our reports meet the appropriate standards and our commitment to our clients means that you will walk away with a better understanding of what creates value in your business.
We have performed business valuations for many different companies in many different industries for some of the following reasons:
- Estate, Gift, and/or Income Tax Purposes
- Buy/Sell Agreements
- Marital Dissolution
- Partnership disputes
- Financing Purposes
- Estate planning
- Employee Benefit Plans
- Business Sale, Merger, Acquisition or Expansion
Maybe you are acquiring a target or integrating an acquisition, positioning your company for a sale, facing a lawsuit, or restructuring to better position your organization for changing market conditions. Whenever you are in need of answers, we are here to help you understand what a business is really worth.
Litigation Support
We are experienced in offering support in a wide variety of matters involving family law, personal injury, and business litigation. In these litigation matters it is important to have a reliable third party opinion with regards to damages and the proper division of assets. Our team members have provided expert testimony, developed damage models and completed complex and forensic accounting services.
Litigation can often involve complex accounting, tax and financial matters requiring the skill, experience and expertise of highly trained individuals. In addition the demands of a litigation environment require all those involved to produce quality, accurate information in an easy to understand way. Our litigation team has years of experience along with specialized training and certifications regarding these complex matters. We are committed to developing credible, independent assessments and testimony. Our litigation team is efficient and responsive. Our goal in every matter is to competently present and explain these issues to help our clients and the deciders of fact understand our position.
Valuation Glossary
The following are commonly used terms and definitions that have been adopted by the following societies and organizations: The American Institute of Certified Public Accountants, American Society of Appraisers, Canadian Institute of Chartered Business Valuators, National Association of Certified Valuation Analysts, The Institute of Business Appraisers.
- Adjusted Book Value Method
- Arbitrage Pricing Theory
- Asset (Asset-Based) Approach
- Beta
- Blockage Discount
- Business Enterprise
- Business Risk
- Business Valuation
- Capital Asset Pricing Model (CAPM)
- Capitalization
- Capitalization Factor
- Capitalization of Earnings Method
- Capitalization Rate
- Capital Structure
- Cash Flow
- Common Size Statements
- Control
- Control Premium
- Cost Approach
- Cost of Capital
- Debt-Free
- Discount for Lack of Control
- Discount for Lack of Marketability
- Discount for Lack of Voting Rights
- Discount Rate
- Discounted Cash Flow Method
- Discounted Future Earnings Method
- Economic Benefits
- Economic Life
- Effective Date
- Enterprise
- Equity
- Equity Net Cash Flows
- Equity Risk Premium
- Excess Earnings
- Excess Earnings Method
- Fair Market Value
- Fairness Opinion
- Financial Risk
- Forced Liquidation Value
- Free Cash Flow
- Going Concern
- Going Concern Value
- Goodwill
- Goodwill Value
- Guideline Public Company Method
- Income (Income-Based) Approach
- Intangible Assets
- Internal Rate of Return
- Intrinsic Value
- Invested Capital
- Invested Capital Net Cash Flows
- Investment Value
- Investment Risk
- Key Person Discount
- Levered Beta
- Limited Appraisal
- Liquidity
- Liquidation Value
- Majority Control
- Majority Interest
- Market (Market-Based) Approach
- Market Capitalization of Equity
- Market Capitalization of Invested Capital
- Market Multiple
- Marketability
- Marketability Discount
- Merger and Acquisition Method
- Mid-Year Discounting
- Minority Discount
- Minority Interest
- Multiple
- Net Book Value
- Net Cash Flows
- Net Present Value
- Net Tangible Asset Value
- Non-operating Assets
- Normalized Earnings
- Normalized Financial Statements
- Orderly Liquidation Value
- Orderly Liquidation Value
- Premise of Value
- Present Value
- Portfolio Discount
- Price/Earnings Multiple
- Rate of Return
- Redundant Assets
- Report Date
- Replacement Cost New
- Reproduction Cost New
- Required Rate of Return
- Residual Value
- Return on Equity
- Return on Investment
- Return on Invested Capital
- Risk-Free Rate
- Risk Premium
- Rule of Thumb
- Special Interest
- Standard of Value
- Sustaining Capital Reinvestment
- Systematic Risk
- Tangible Assets
- Terminal Value
- Transaction Method
- Unlevered Beta
- Unsystematic Risk
- Valuation
- Valuation Approach
- Valuation Date
- Valuation Method
- Valuation Procedure
- Valuation Ratio
- Value to the Owner
- Voting Control
- Weighted Average Cost of Capital (WACC)