Business Valuations and Succession Planning


Business Valuations
While most business owners pour their heart and soul into building the value of their business, knowing your business value can be a tricky proposition. Knowing the value of an enterprise may not be essential for day-to-day management; however, there are many events which may require a business owner to get an accurate assessment of the value of a business. Estate planning, mergers and acquisitions, divorce, gifting, or selling a business necessitate understanding the value of a business.

How to Value a Business?
Determining the value of a business is a complex process requiring knowledge of multiple disciplines and careful analysis of both tangible and intangible assets. Our business valuation team is made up of Certified Public Accountants who have also added designations such as Certified Valuation Analyst or Accredited in Business Valuations. This broad skill set gives them the expertise needed to provide business appraisal services to our valued clients.

Advisory Services Within a Business Valuation
Our business valuation team has the expertise and experience to help you determine and understand the value of your business. We also provide information to help identify the key drivers of value, both positive and negative, allowing management to focus their efforts in the most meaningful areas of your business.

Why Value a Business?
While many events may necessitate a business valuation, periodic valuations can also be a valuable measuring tool to help management determine the overall success of the organization.

Some of the most common reasons to consider a business valuation include:

If you find yourself in one of the above situations, KerberRose can provide guidance and insight to the decision-makers in your organization.

We are proudly involved in the following Business Valuation organizations:

  • Specific team members are Accredited in Business Valuation (ABV ®) by the AICPA

Succession Planning
Succession planning ensures your organization is prepared for the future. A solid succession plan serves to provide organizational structure and to aid in achieving organizational objectives, all while protecting a business from unexpected changes and preparing for a seamless transition of leadership.

KerberRose will help you take an objective look at your organization, help you identify key goals for the future of your organization, and assist you in crafting an individualized plan which fits your needs. When successful, a succession plan will align your organization’s mission with future-focused business operations or practices, value/growth generation, and career development.

Investing time to effectively coach and mentor others is vital to succession planning and leadership development. Unfortunately, many organizations lack appropriate policies, processes or skilled people to achieve this—KerberRose can help. With a team of experienced professionals, KerberRose can assist your organization in the development of key employees and positions.

When is Succession Planning Needed? 
Some examples of organizations which might need a succession plan include those where:

  • The CEO and/or other senior leaders are within five years of retirement

  • There is consideration to gift or sell the business to a family member

  • There is a good group of “next-level” leaders who need further leadership development

  • The organization is growing very quickly and leaders need quicker development to keep up with the growth

  • There is a gap in the number of Generation X leaders to help with succession between Baby Boomers and Millennials

If your organization fits any of these or if you’re a leader who desires coaching, take the first step to contact a KerberRose trusted advisor to ensure sustainability in your organization. While you may not have started your business to worry about succession planning and leadership development, fortunately, these are some of the many services we specialize in to help organizations succeed.

Contact a Trusted Advisor

Questions? Contact a Trusted Advisor

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