IS YOUR BUSINESS VALUATION SERVICES DONE THE PROPER WAY?
Problems or need for Business valuation services
- Inadequate Data Accuracy
Businesses sometimes struggle to collect reliable and up-to-date financial information, making an appropriate appraisal difficult.
- Valuation Subjectivity
Valuation may be very subjective, resulting in disagreements and confusion about the valuation’s correctness.
- Difficult Business Structures
Businesses with complex ownership structures, intellectual property, or one-of-a-kind assets can be difficult to appropriately assess.
- Quick Market Changes
Market circumstances can shift swiftly, altering the value of a company. Valuations might quickly become out of date.
- Inadequate Valuation Understanding
Many business owners are unfamiliar with the valuation process, which leads to misunderstandings and excessive expectations.
- Time Consuming Procedure
Valuation can be time-consuming, forcing decisions or financial planning to be delayed.
- Expensive Valuation Services
Some firms may be put off by the high prices associated with expert valuation services.
- Regulatory Adherence
When it comes to valuing assets or reporting appraisals, businesses may struggle to fulfill legal obligations.
- Litigation and Disputes
Valuations can cause disagreements, notably in divorce, estate planning, or shareholder issues.
- Limited Market Data Access
Access to comparable market data for benchmarking may be limited in some industries or enterprises.
Solutions we would proffer to the problems
- Implement data collecting and validation methods to ensure accurate financial data. Use financial software and tools to help you collect and analyze data more efficiently.
- Use standardized valuation procedures and best practices recommended by professional organizations like the American Society of Appraisers and the International Valuation Standards Council. This contributes to the process’s impartiality.
- Hire specialists who have experience appraising complicated company models. Use customized valuation methods and software created for specific scenarios.
- Provide continuous valuation services, frequent updates, and market analysis to keep business owners informed of changes in their company’s worth.
- Provide education and advisory services to customers in order to assist them understand the aspects that influence value. Provide openness in the appraisal process and explain why the ultimate valuation amount was chosen.
- Invest in cutting-edge technology and efficient procedures to speed up the appraisal process. Provide several levels of service, including fast evaluations for individuals in need of a quick estimate.
- Provide tiered pricing alternatives to enterprises of various sizes and budgets. To minimize surprises, provide explicit pricing structures up front.
- Stay current on applicable rules and verify that your valuation procedures are compliant. To alleviate this strain for customers, include compliance services in your valuation package.
- Provide expert witness services and mediation to clients to assist them in navigating valuation-related conflicts and perhaps avoiding costly litigation.
- Gather as much relevant market data as possible using industry-specific data sources and networks. Improve your knowledge of the client’s industry to deliver more accurate appraisals.
In a competitive market, addressing these problems in your company valuation will help you deliver more value to your clients and distinguish your services.
Overview/Introduction
Understanding the actual worth of a firm is critical in today’s ever-changing business market. Whether you are an entrepreneur wanting to sell your firm, a prospective investor evaluating options, or a business owner searching for financial clarity for strategic decision-making, the notion of business valuation is critical. It acts as a compass, directing critical decisions, investments, and transactions and laying the groundwork for fiscal strategy.
The core of this crucial financial discipline is business valuation services. These services are not just numbers on a balance sheet or estimations of worth; they are the product of meticulous study, industry experience, and a thorough grasp of the complicated web of elements that influence a company’s value. Whether you’re negotiating the complexities of mergers and acquisitions, attempting to settle a dispute, or looking to improve your company’s financial performance, business valuation services can be the key to gaining clarity and confidence in your decisions.
Precision is non-negotiable in this field, and impartiality is essential. Business valuation consultants have specific skill sets, applying rigorous procedures and leveraging cutting-edge financial technology to give you with accurate and fair assessments. Beyond the numbers, they provide insight into the dynamics of your sector, market forces at work, and the distinguishing features that set your company distinct. This introduction sets the context for a more in-depth examination of company valuation services, including insights into why you would seek them, the methodology used, and the ways in which they can enable you to make educated, strategic business decisions. Whether you are a seasoned entrepreneur, a potential investor, or a beginner to the topic of valuation, knowing its relevance may help you shape your route to success.
Why Choose Us
Choosing a company valuation service is a major choice, and it’s critical that you understand why you should choose our organization for your valuation needs. Here are a few convincing reasons why you should choose us for company valuation services:
- Knowledge and Experience: Our staff is made up of highly experienced and trained individuals that have a thorough understanding of valuation processes as well as industry expertise. We bring years of knowledge to the table, guaranteeing that your appraisal is carried out with the utmost care.
- Personalized Solutions: We recognize that each company is unique. Whether you’re a tiny startup or a major enterprise, we adjust our valuation method to your individual needs. Our tailored solutions guarantee that you will obtain an accurate and appropriate appraisal.
- Objective and impartial: We take pride in our objectivity and independence. Our appraisals are performed without prejudice or conflicts of interest, providing you confidence in the results’ impartiality and accuracy.
- Compliance and Professional Expectations: Our valuation services correspond to best practices in the industry and fulfill the stringent requirements set by professional organizations. This dedication to compliance guarantees that your appraisal is carried out with honesty and openness.
- Confidentiality: We take your financial information’s confidentiality very seriously. Rest assured that any information submitted to us throughout the appraisal process is treated with the highest secrecy and confidentiality.
- In-Depth Analysis: Our assessment approach is comprehensive, comprising a thorough examination of financial statements, market circumstances, industry trends, and other pertinent aspects. This all-encompassing strategy ensures that nothing is neglected when calculating the genuine worth of your company.
- Open and Honest Communication: We believe in open and transparent communication. We keep you updated, answer your questions, and share insights to assist you understand the approach and findings throughout the appraisal process.
- Timely Delivery: We recognize that time is frequently of the importance. We work hard to provide appraisals within agreed-upon time frames, allowing you to make timely decisions and accomplish your business objectives.
- Legal and Regulatory Knowledge: If your valuation is required for legal purposes, we have the experience to generate reports that match the legal system’s criteria. Our legal background guarantees that our appraisals may be challenged in court if required.
- Post-Valuation Assistance: Our dedication to your success continues beyond the delivery of the value report. We provide post-valuation assistance, such as discussions and advice on how to use the valuation results for strategic planning and decision-making.
- Affordable Pricing: We deliver value for your investment by offering competitive pricing structures. Our simple price structures guarantee that you have a full idea of the costs involved.
Choosing our company valuation service means selecting a partner that is committed to assisting you in making educated decisions, capitalizing on possibilities, and protecting your interests. In the sector of company valuation, we are devoted to provide you with the greatest degree of expertise, accuracy, and service quality.
How it Works/Our Engagement Process
Typically, the process of engaging business valuation services entails many critical phases to guarantee a full and accurate appraisal of a company’s worth. The following is an outline of the standard engagement process:
- First Consultation: – Typically, the engagement process starts with an initial meeting between the company valuation firm and the client. The customer shares their unique objectives, goals, and reasons for requesting a value during this discussion. The valuation firm collects information on the company, its industry, financial data, and any unusual events that may influence the valuation.
- Proposal and Engagement Agreement:- Following the first consultation, the valuation company prepares a proposal that details the scope of work, methodology, timetable, and related fees. After reviewing the proposal, the customer signs an engagement agreement to formally begin the valuation process.
- Data Collection: The valuation team collaborates closely with the client to gather all financial and operational data. This comprises financial accounts, tax returns, historical performance records, and asset, liability, and contract information.
- Industry and Market Research: To analyze important economic and market factors that may affect the value, the valuation company performs thorough research on the client’s industry and the broader market.
- Methods of Valuation Selection: Based on the nature of the firm, its assets, income streams, and industry norms, the valuation team determines acceptable value methodologies. The income strategy, market approach, and asset-based approach are all common approaches.
- Financial Analysis: Detailed financial analysis is performed, including financial statement normalization, non-recurring item adjustments, and the determination of suitable discount or capitalization rates.
- Valuation Calculation: Using the valuation methodologies used and the data studied, the valuation firm determines the estimated worth of the business. Multiple methodologies may be required for a full appraisal.
- Report Preparation: The valuation firm creates a thorough valuation report that contains all essential data, techniques, assumptions, and the final computed value. This report follows industry guidelines and is frequently utilized for legal, financial, or strategic goals.
- Customer evaluation and Feedback: The valuation report is distributed to the customer for evaluation. Clients are encouraged to ask questions and offer comments in order to ensure that they completely comprehend the valuation process and outcomes.
- Final Valuation and Delivery: The valuation company finalizes the value report and sends the official appraisal to the client based on client comments and any required revisions.
- 11. Post-Valuation Support: Some valuation businesses provide post-valuation support to assist customers in interpreting and utilizing the valuation results. Consultations on negotiations, strategic planning, or legal issues may fall under this category.
- Follow-up and Updates (Optional): – Depending on the terms of the engagement agreement, the valuation company may provide periodic updates or adjustments to the valuation when market conditions or the circumstances of the business change.
Using a professional company valuation service assures that the valuation process is complete, impartial, and in accordance with industry standards, allowing customers to make well-informed business decisions.
Related Services (or Industries)
Several complementary and supporting services supplement and assist company valuation services, providing organizations with a full toolset for financial planning, decision-making, and strategic growth. Here are some important company valuation-related services:
- Financial Consulting Services: Financial advisers help clients with financial strategy, asset allocation, and risk management. They assist customers in making educated financial decisions that are in line with their objectives, which may involve the purchase or sale of a firm.
- Mergers and Acquisitions (M&A) Advisory: M&A advisers help organizations purchase or sell by performing due diligence, negotiating deals, and structuring transactions to optimize value.
- Exit Planning Services: Exit planners consult with business owners to design exit strategies, whether through a sale, succession plan, or other means. Business value is frequently an important component of exit strategy.
- Litigation Support and Forensic Accounting: Financial irregularities, fraud, and conflicts are investigated by forensic accountants. They are crucial in legal procedures since they are responsible for appraising assets and calculating financial damages.
- Planning for Estate and Gift Taxes: Professionals in this sector assist customers in navigating estate and gift tax issues by appraising the value of assets, including enterprises, and proposing tax-saving options.
- Business Consultation: company consultants provide guidance on a variety of company topics, such as strategic planning, financial management, operational efficiency, and growth plans. Many of these topics can be informed by business value.
- Services for Business Appraisal: Appraisers are experts in estimating the worth of certain assets such as real estate, machinery, and intellectual property. Their work frequently supplements the larger corporate valuation process.
- Financial Planning Services: Financial planners assist people and organizations in developing complete financial plans that are in line with their objectives, which may include retirement planning, investment strategies, and asset management.
- Due Diligence Services: Due diligence professionals evaluate the financial, legal, and operational elements of possible company deals. This service is essential for risk evaluation and decision-making.
- Consulting for Business Restructuring and Turnaround: These experts’ help struggling organizations optimize their operations, manage debt, and explore strategic options. Valuation can help determine the viability of turnaround efforts.
- Corporate Finance Services: Corporate finance advisers help with capital raising, financing strategies, and financial modeling to support business growth and expansion.
- Intellectual Property Valuation: Intellectual property valuation specialists estimate the value of patents, trademarks, copyrights, and other intangible assets, which can be important in licensing, sales, or legal issues.
- Real Estate Valuation Services: Real estate appraisers estimate the value of assets, including commercial and industrial real estate, for a variety of reasons, including sales, financing, and property tax assessment.
These connected services work in tandem with company valuation specialists to give firms and people with comprehensive financial and strategic solutions. The client’s individual objectives and aspirations, as well as the circumstances surrounding their financial decisions, influence the services they choose.
Professionals
MATTHEW OGAGAVWORIA, BSc, MBA, ACIT, FCA
Matthew Ogagavworia became Chief Executive Officer of Qeeva Advisory Limited after Co-founding the Company in 2017 having successfully managed the then qeeva.com, a unit of Matog Consulting.
Matthew Ogagavworia responsibilities include brand positioning and driving the company to achieve the growth and development of the company. He currently pursues organic growth of the company through investing in our existing product or services that have generated growth in the past, creating new products or services to take advantage or new opportunities performing better on our core capabilities and leveraging our team.
Ekeocha HECTOR, B.Sc, MBA, CISA, CRISC, ACCA, FCA CertIFR
Hector is a project implementation consultant with Qeeva Advisory. Hector has worked in the Nigeria for over 20 years primarily within risk management and related areas in financial services organizations. He is the Senior Manager, Enterprise Risk Management Department within the Financial Services Risk Management Practice at Hodge Consult. Hector’s area of focus is the identification and development of clients’ needs in operational risk.
Client engagements have included advising and guiding on risk frameworks and governance, risk and control assessments, indicators of key risks, modeling of operational risk and risk reporting as well as risk appetite, the use of six sigma and enterprise wide risk management.
Teddy OKUMAKUBE, FCA, BSc, MBA, ACIT, ACNIM
Teddy is a Consultant at Qeeva Advisory. Teddy has over 21year experience in Accounting Advisory, Project Finance, Corporate Finance, Portfolio Management,, Public Sector Advisory,Management Consulting, Tax Risk Management, Strategy, Management Development, Audit, Taxation, Banking, He was previous Audit Manager at D. O Dafinone & Co (Chartered Accountants), He is currently Executive Director at BGL Securities Limited. He has attended courses both locally and international.. He is also on the board of Tricorr Technology Limited, an Environmental Consulting firm as well as Kings Crown Business School.
Joshua Oweibo HND, FCA, ACTI.
Joshua Oweibo is a Teaming Consultant with Qeeva Advisory. He has over 30 years of experience in Tax Practice, auditing, consulting, financial controls, Risk Management,. He has led several business transformation teams in varied industry both in Nigeria and abroad. His specialties include tax planning and management; financial planning, reporting & control; business modeling and valuation; auditing and compliance testing.
David C Okpara, B.Sc, FCA,CISA AMNIM.
David is a Consultant with Qeeva Advisory Limited. With over 9year experience in Accounting, Auditing & Investigations, Finance, Analysis, Tax,
FREQUENTLY ASKED QUESTIONS (FAQ) for a business valuation service:
- What exactly is company valuation, and why is it necessary?
– Business valuation is the process of assessing a company’s economic value. It’s necessary for a variety of reasons, including selling or purchasing a firm, estate planning, tax planning, mergers and acquisitions, and strategic decision-making.
- When do I need a company valuation?
– A business valuation may be required when you are preparing to sell or acquire a firm, seeking financing, resolving disputes, going through a divorce, estate planning, or making key strategic choices.
- How do you calculate the worth of a company?
– Various methodologies, such as the income approach, market approach, and asset-based approach, are commonly used in business valuation. The approach used is determined by the nature of the firm and its unique conditions.
- How long does it take to value a business?
– The length of a company valuation might vary according to the organization’s complexity, the availability of financial data, and the scope of the engagement. Simple assessments can take a few weeks, while more sophisticated values might take months.
- What information do you need from me to undertake a business valuation?
– We normally need financial statements, tax returns, historical financial data, asset and liability information, contracts, and any relevant industry or market data.
- Are business valuation services private?
– Yes, company valuation firms follow rigorous confidentiality guidelines. Your financial details and the value findings are normally kept private.
- What is the cost of a business valuation?
– The cost of a company valuation is determined by elements such as the business’s complexity, the scope of work, and the objective of the assessment. Following an initial meeting, we deliver a tailored price.
- Can I use a company valuation in court?
– Yes, business valuations are frequently utilized in court, such as divorce procedures, shareholder conflicts, and litigation. Our valuation reports adhere to legal requirements.
- Do you offer post-valuation assistance or updates?
– Depending on the engagement agreement, we may provide post-valuation assistance to assist you in interpreting and applying the value results. As needed, updates will be provided.
- How can I utilize the results of a company valuation to influence strategic choices such as growth plans, succession planning, and improving business operations?
– Company valuation results may inform strategic decisions such as expansion plans, succession planning, and optimizing business operations. We can advise you on how to use the valuation to achieve your unique objectives.
- Does your business valuation service adhere to industry standards?
– Yes, our company valuation service corresponds to professional standards established by organizations such as the American Society of Appraisers and the International Valuation Standards Council.
- How can I begin using your company valuation service?
– To begin, simply contact us for an introductory consultation. We’ll talk about your requirements, provide a proposal, and go over the following steps in the valuation process.
These FAQs aim to provide you with a better understanding of our business valuation service. If you have more specific questions or need further clarification, please don’t hesitate to reach out to us directly.
(Call Us, Request a Quote, Book a Meeting, Get in Touch)
Tel: (+234) 802 320 0801, (+234) 807 576 5799
E-Mail: info@qeeva.com
Office Address: 5, Ishola Bello Close, Off Iyalla Street, Alauasa, Ikeja, Lagos, Nigeria.