Fair Market Value of a Company

Owner Objectives

• The owner wants to know the price the business will bring in the marketplace

Business Valuation Process

SUMMA Financial Group's professional staff is qualified in business appraisal and will perform the following functions:

• Analysis of the past, present, and future potential of the business
• Thorough analysis of financial statements
• Restate financial statements to realistic economic values in contrast to tax based or accounting based values.
• Analysis of operations
• Analysis of external competition and economic conditions
• Market place information for sales of comparable businesses
• Estimate value under several appropriate valuation theories
• Apply judgment to weight the values to obtain fair market value.

Valuation Standards

• SUMMA Financial Group's professionals follow national standards in the preparation of valuations.
• American Society of Appraisers Standards of Professional Practice
• Uniform Standards of Professional Appraisal Practice (USPAP)
• Institute of Business Appraisal Standard on Appraisal Practice