• A business is often the biggest asset that a person has, rivalling their family home. Unlike the family home is often difficult to gauge how much it is worth, as it is not usually possible find a similar one for sale.
• A business valuation looks at the specifics of the business and applies the appropriate methods to the business to arrive at a value.
  The method that is applicable to your business depends on the industry that it operates in, the reason you need the valuation, and the stage of the businesses life.
• A business valuation is only as good as the valuer. You need an independent valuer with years of experience, and access to the information needed in the process. Tim Vogel not only has many years of experience in this field, but quite literally wrote the book.
• Years of experience in the forensic accounting field means that he has valued business from recruitment agencies to international luxury goods manufacturers, and from a sole traders to listed companies.
  As to the book, Practical Business Valuation from Forum Business Media is an updating loose-leaf and CD Rom publication on the subject that has been popular for several years, with a You also need to know why the valuation is needed when doing the work. Most valuations are for potential sales. Here we use valuations based on future earnings and return of value. In a dispute the emphasis might be on cash or lost values, and in probate
  valuations the starting point is value on a specific date defined set of assumptions

Fees
Valuations can be done on a fixed fee basis, or on an hourly basis. Fees range from a little as £350. The price of a valuation, no matter who is doing it, the more you pay the more detail involved, so what we often do is work on a graduated basis, with a preliminary valuation for £350, and then once a decision is made as to how it is going to be used a more detailed report.