Smart Valuations | Sharp Analytics™
As professionals serving small to medium-sized businesses, it's crucial to understand the potential pitfalls in the valuation process. The BVR survey identified several critical areas of concern:
These findings underscore the importance of working with certified professionals who can ensure the highest standards of quality in business valuations. This is where specialized certifications, such as the Business Certified Appraiser in Review (BCA-R) from the International Society of Business Appraisers (ISBA), Accredited in Business Appraisal Review (ABAR) designation from NACVA, and Appraisal Review and Management (ARM) designation from the ASA become invaluable.
At AESTIMATIO, we hold the BCA-R certification, which demonstrates our commitment to maintaining rigorous standards in business appraisal reviews. This expertise can be crucial in navigating the complexities of business valuations and mitigating the risks highlighted in the BVR survey. BCA-R is
For business owners, a reliable valuation is essential for making informed decisions about their company's future, whether they're considering a sale, seeking investment, or planning for succession. For attorneys and CPAs, recommending certified professionals for valuation services can provide an added layer of assurance for their clients.
By prioritizing quality control and leveraging the expertise of certified professionals, we can work together to ensure that business valuations serve as reliable tools for decision-making and strategic planning. In an era where business value can fluctuate rapidly, having confidence in your valuation process is more important than ever.
