A business appraisal is a "supportable opinion as to the value of an asset or all of the assets of a business."
The reasons for needing an appraisal are as varied as the clients requesting them. They are used for a multitude of purposes, including determining the value or worth of a business for succession planning, sale or purchase, estate planning or settlement, mergers or acquisitions, marital proceedings, litigation, financing, insurance, setting stock value, and buy/sell agreements.
There are many benefits to be derived from a business appraisal provided by a qualified independent business appraiser. Such an appraisal does not replace the work of an accountant or attorney. Rather, an independent appraiser can provide a unique perspective which can be used in conjunction with accounting and legal advice. Capable accountants or attorneys are able to evaluate the quality and practicability of an appraisal, but seldom possess sufficient specialized knowledge of a particular business needed to appraise its true value. Our appraisal can help them and you make better decisions.
American Funeral Consultants offers six types of appraisals based on three to five years of financial statements, tax returns, profit or loss statements, and balance sheets.
We base your appraisal on relevant market data using accepted methods of appraisal to determine the fair market value of your funeral business.
In addition to the financial information we will need, you will receive a Data Request Survey that will provide us with important information about your business.
Often, it is possible to carry out an appraisal from the firm's books and records alone; however, sometimes it is necessary or beneficial in judging the overall value of the firm to be familiar with its physical facilities and to carry out a community market analysis, including a formal site visit. Then the report will include a detailed description of the firm and the community it serves and incorporates observations. The appraisal also includes detailed demographic information and an assessment of the market area, evaluating the stability and growth potential of the business.
All of our six types of Appraisal Reports may discuss the firm's real estate. In most cases, we carry out an imputed real estate appraisal which we base on an income approach. However, for some circumstances, it may be advisable to procure a real estate appraisal from a qualified local real estate appraiser. If this is the circumstance, we will notify you.
Our business appraisals can be prepared to cover a specific time-frame often required for legal purposes such as the settlement of an estate, an audit, or lender requirement.
In addition to the appraisal charge, direct out-of-pocket expenses such as travel, overnight delivery, copies, etc., will be billed upon completion of our assignment.
|Multiple Branch Appraisal||Quoted Upon Request|
|Community Market Analysis
(includes a formal site visit)