For Knowing the worthiness of your business professionally instead of Ballpark Guess.
For Mergers and Acquisitions
For joint venture arrangements (JV)
For Exit Strategy Planning.
For tax planning purposes- Gift and Estate tax.
For Bank financing or alternative investment or attracting investors
For ascertaining True Value of Company either to known own net worth or for resale.
For Litigation or disputes by shareholders or partners to determine economic damages, lost profits or/and uncovered fraud
For Family succession planning and/or inheritance or personal events such as marriage/divorce.
For valuing the business for a restructure or bankruptcy.
For identifying weaknesses of business to refocus the operational efforts to improve profitability and the bottom line.
For determining Intrinsic Value vs. Fair Market Value of the business.
For ascertaining the purchase price after an acquisition of a business.
For knowing the value of business with patents, trademarks, copyrights, proprietary processes, Goodwill etc
For knowing the value of business to decide the coverage needed while buying Key Man Policy for Partners/Directors if something happens to them.