Valuation of your business is a service that is generally driven by a specific need. There are a variety of reasons that business owners and management may need to know what their business is worth. Some of those needs arise with the occurrence of a specific event, while others are somewhat elective in nature. SH&A Consulting Group will assist you in both situations. When an event occurs, such as a death or divorce, we will do a very professional job as an independent valuator. In the more elective situations, we can act as an independent or as an advocate, and in conjunction with consultants from other disciplines within our group, will be proactive in helping you make your business more valuable.

Sale or purchase of a business

One of the reasons to have a business valued is to determine the sale or purchase price. This includes not only the fair market value, but also the synergistic value. If you are thinking about selling your business in the future, you should know what it is worth today. SH&A Consulting Group will not only help you to understand the value of your business, but will be proactive in finding ways to increase its value.

If you are a prospective buyer of a business, valuing the target should be looked at in two ways. First, what it would be worth as an investment property, and second what its value may be considering the synergies of combining it with other businesses you already own.

Business financing for expansion or acquisitions

Having your business valued, to determine the feasibility of financing the capital needs of your business, may be necessary to satisfy potential lenders. In addition, once you have financing options, we can evaluate them to determine the one suited to your needs.

Buy-sell or stock redemption agreements

You may have other owners in your business, which presents the need to provide for the orderly transfer of ownership in the event of an owner's death or separation from the company. These issues require special expertise that members of our consulting group can apply toward their solution. Generally, such agreements require a valuation of the business when ownership changes. Sometimes, it is also required upon the initial execution of the agreement.

Ongoing business plans and strategies

To manage your business effectively, you should have a business plan. SH&A consultants can assist you in developing a plan, and the strategies to implement it. Part of this process can be getting a valuation of your business, to serve as the benchmark in measuring future results of your plan.

Estate taxes

There are two situations involving estate taxes where a valuation is needed. The most obvious is the value at date of death, which is used in calculating the taxable estate and the estate tax. The other situation is one of those elective situations. You, as a business owner, may have an estate that will require the payment of estate taxes upon your death. If you are in that situation, you should consider planning for the transfer of your estate. This can be before death or upon death, and probably both. Generally, this is done with an eye toward taking care of your needs before death and the needs of your survivors after your death, and minimizing the estate tax burden while meeting your first objective. When planning for the transfer of your estate, it is imperative to know the value of your business interests. Our consultants are experienced in estate planning, as well as valuing businesses.

Pre-death transfers

Whether part of your estate plan or your desire to give part of your wealth to others, valuing your business is necessary if you are going to gift interests to children, grandchildren, or charity. There are certain income and estate tax advantages to transferring property before death. If you want to take advantage of these opportunities, speak with one of our consultants.

Shareholder actions

Settling disputes between owners of a business may require knowing the value of the business. In addition, we have consultants that have experience in helping business owners settle disputes.

Our valuators

The SH&A Valuation Team is headed by Tyson L. Stuckey, CPA, CVA, MAFM.  Tyson has spent his entire professional career in accounting and business consulting.  He began his professional career with Ernst & Young, LLP based in Fort Wayne Indiana.  At Shultz Huber & Associates, Inc. he works in all areas of the firm including income taxes, gift taxes, estate taxes, and financial reporting.  Tyson has advised clients of the firm on the value of their business for sales, purchases, divorce, business succession planning, estate and gift planning, as well as charitable gifts. Tyson has been qualified and has provided expert witness testimony as part of his valuation experience.  Tyson is a Certified Valuation Analyst (CVA), a designation conferred by the National Association of Certified Valuation Analysts (NACVA).

Affiliations

Tyson is a member of the National Association of Certified Valuation Analysts (NACVA), American Institute of Certified Public Accountants (AICPA), Ohio Society of CPA’s, and the Indiana Society of CPA’s.