Guide to Selecting
the Right Professional to Value Your Business - Second Edition©
by David E. Coffman CPA/ABV, CVA
The value of your small business is a critical number. The
opinions of business valuation experts can vary by tens or even
hundreds of thousands of dollars. So hiring the right
professional is essential.
The Guide will help you:
- Make a decision based on facts
and research
- Hire the best business valuation
professional possible
- Save money
The Guide answers questions like:
- What is a business valuation?
- Who does business valuations and
where can I find them?
- What are the main BV
certifications and what do they mean?
- How do I find professionals that
have them?
- Once I find some, how do I
evaluate them?
- Should small business valuation
experience in the same industry be a primary
consideration?
- What combination of credentials
and experience are best for me?
- What are the average fees for a
small business valuation?
- How do I choose the best one from
a group of qualified professionals?
- What should I expect after
selecting a professional?
- What information about my
business will I need to provide?
- How long does it take to get a
completed business valuation?
The most helpful part of the Guide is the Business Valuation
Professional Scorecard. It is a convenient and logical tool to
help you choose the best one from your pared down list. Just
follow the instructions and complete one Scorecard for each
professional. You will give each professional a numerical rating
in each of dozens of important factors.
Simply total the scores and choose the professional with
the highest score.
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