It might be the billion dollar mega deals that grab the headlines, but the reality of buying and selling a business is usually far less glamorous.
A huge volume of business deals take place every year in the UK. In fact, according to the Office for National Statistics there was an average of 842 business sales per year between 2010 and 2014.
And it’s not just mergers and acquisitions; there are further deals in which shareholders sell just their stake in a business. What all these deals have in common, though, is a reliance on accurate business valuations, something that Frenkels Forensics is highly trained and experienced in.
The need for valuations typically arises in shareholder disputes, divorces, contractual disputes, partnership disputes as well as negligence cases. Whatever the circumstance for wanting to have a business valued, it is essential the job is done right; an inaccurate or poorly evidenced valuation can often result in a breakdown in negotiations and a lack of trust between the different parties.
Putting a price tag on a business is never straightforward because of the wide variety of different factors that must be taken into consideration. The forensic accounting experts at Frenkels Forensics know exactly what to look for in that respect and have all the necessary skills to calculate a fair value for a business or share thereof.
Frenkels Forensics has dealt with businesses of varying sizes and complexity including partnerships, limited companies, small family businesses and large companies with operations both in the UK and overseas. By examining the accounts, turnover, assets, stock, IP, staffing, clients and order books of a company, the forensic accountants can establish just how much it is worth – by presenting a figure backed up with this evidence, the business valuation is far more likely to be accepted, thus enabling the deal to proceed smoothly.
For expert help with a business valuation contact Frenkels Forensics for an independent appraisal.
By Vitek Frenkel – find me via Google+.