The specialist area of business and share valuation can be somewhat complex and convoluted if not worrying if clients’ dealings in this subject matter have not been all-embracing. The key to an accurate and credible valuation is an overall in-depth knowledge and understanding of recognised “commonsense” techniques and how these techniques are applied to the subject matter in question. This may be for tax planning purpose or sale of a business or indeed a take-over arrangement of some sort. Alternatively, it may be necessary to obtain an independent valuation due to a shareholder grievance or matrimonial dispute.
Some of the benefits of an independent valuation may be as follows:
- Any uncertainty in dealing with valuation matters can be avoided;
- Possible potential high saving of time and money; and
- Primarily, the weight of a third party opinion will undoubtedly add credential to the deal in question.