Buying or selling a business is one of the triggers for getting an objective, thorough, business valuation.  It is reasonable to ask yourself, do I need a business appraisal or is a broker opinion of value (BOV) that a business broker offers sufficient? Three reasons why business owners should get a business appraisal instead of relying on […] The post Thinking of selling your business? Three reasons to get an objective business valuation. appeared first on Merrimack Business Appraisers ..read more

That is the key question to ask yourself. Why do you need a business valuation? Common reasons or triggers for needing a business valuation include: For any of the above triggers or needs, the business valuation needs to stand up to scrutiny. Scrutiny meaning the business valuation needs to support how and why the valuation […] The post What do you need a business valuation for? appeared first on Merrimack Business Appraisers ..read more

Business valuation terminology can be confusing and full of acronyms that, when combined, feel like alphabet soup. For someone needing a business valuation – whether for a dispute (shareholder or divorce settlement) or for estate settlement or tax purposes, understanding what you need and what you are getting are both essential. Buyer Beware: Calculation Assignment […] The post Terminology can be confusing and costly. Buyer Beware. appeared first on Merrimack Business Appraisers ..read more

We are hearing and reading all about artificial intelligence and the role it may play in our lives. Think about how our lives have changed over the years with new things: from radio to television, from horses to automobiles, from writing letters to texting and messaging. It is quite astonishing the transformation technological advances have […] The post Can AI reduce the time and cost of business valuations? appeared first on Merrimack Business Appraisers ..read more

So, you have a client who is going through a divorce, and they need a business valuation to settle the allocation of assets. Or you are filing for a divorce and need to hire a business valuation professional. Whatever the situation, state-specific knowledge is essential. When it comes to business valuations for settling divorces, every […] The post Divorce & Business Valuations: Rules Vary By State appeared first on Merrimack Business Appraisers ..read more

When a business valuation matters, supporting details matter. The need for a business valuation is triggered by important situations: selling a business, gifting shares of a business, valuation of assets as part of a divorce settlement, tax matters, and settling disputes. No matter the trigger, the valuation is important. And the supporting details matter. Beware […] The post Buyer Beware: you need more than just the valuation number. appeared first on Merrimack Business Appraisers ..read more

Do you need an appraisal of a business? Whether for gifting shares of a business, settling a divorce, or buying/selling a business, it is important to evaluate the business valuation professional. That may be difficult to do as this may be your first time needing to hire a business appraiser. No matter what is triggering […] The post Need a business appraisal? Ask about the process. appeared first on Merrimack Business Appraisers ..read more

It is understandable why when evaluating a business valuation professional, some people ask, “Do you specialize in my industry?” For many services, knowing one’s industry can bring great value. It shortens the learning curve and addresses the nuances of your industry that the service provider will or should readily understand. I get it. Should this […] The post Industry-Focused: Is That a Useful Criterion for Hiring a Business Appraiser? appeared first on Merrimack Business Appraisers ..read more

A question I am asked frequently is: Can this business be valued? I have written multiple blogs recently on various scenarios including: Then I realized there is another category of business: businesses that are worth more closed than continuing to operate. This does not necessarily mean the business is not profitable. The business is typically […] The post Wait, there’s more. Another example of ‘Can this business be valued?’ appeared first on Merrimack Business Appraisers ..read more

A common question I am asked is: Can this business be valued? In the first blog in this series, we focused on determining the value of a business that has been operating for years, but with incomplete or poor financial data. The second in the series focused on valuation of a start-up. And finally, this […] The post Can this business be valued? Third and final in the series. appeared first on Merrimack Business Appraisers ..read more