Question 1

What's the difference between fair market value and investment value?

Accepted Answer

Fair market value reflects what a hypothetical willing buyer and seller would agree to, and is the standard used for tax, estate, and most legal purposes. Investment value reflects worth to a specific buyer, factoring in synergies or strategic benefits. We'll confirm which standard applies to your engagement based on its purpose.

Question 2

Do you offer rush or expedited business valuations?

Accepted Answer

Expedited timelines may be available depending on the complexity of your business and current workload. Let us know your deadline during the initial consultation and we'll confirm whether a rush engagement is possible.

Question 3

Is my financial information kept confidential?

Accepted Answer

Yes. Financial statements, tax returns, and other business records you provide are used solely to prepare your valuation and are handled with strict confidentiality.

Question 4

Do you provide expert witness testimony after delivering a report?

Accepted Answer

Our appraisers can support litigation matters connected to a valuation we've prepared. Let us know if your engagement may require testimony so we can discuss scope and availability upfront.

Question 5

Can a single valuation be used for multiple purposes?

Accepted Answer

It depends on the valuation standard and effective date required for each purpose. A valuation prepared for one purpose, such as SBA financing, may not meet the requirements of another, such as an estate tax filing. Tell us all the intended uses at the outset so we can scope the report accordingly.

Question 6

Do you work with businesses outside Connecticut?

Accepted Answer

Yes. Because business valuation work is performed remotely using your financial and operational records, we're able to work with companies outside Connecticut as well.