Whether buying or selling a business, it’s important to be armed with the knowledge of what is a "fair price". A business valuation prepared by the professionals at McColl Turner will provide you with an objective opinion of the worth of a business, be it a corporation, a partnership or a sole proprietorship.
Our services can vary depending on your needs and range from advice on transaction structure and preliminary calculations of value, to a complete detailed opinion of value. Business valuations are typically required in connection with the purchase or sale of a business, to resolve disputes between business partners, to determine the value of a spouse’s assets upon dissolution of a marriage, or to assist in income tax filings in situations where there is a sale or transfer of business between family members (e.g. an estate freeze or sale to the next generation).
In providing business valuation services, we believe that a well-reasoned and supportable assessment requires more that just a thorough analysis of the financial information. It is also necessary to understand the operations of the business, the industry within which it operates and its prospects for the future. The full depth of the firm’s resources and experience enable us to approach your situation in a thoughtful and confidential manner.
This area of our practice is under the direction of William (Bill) R. Blair, who is a member of the Canadian Institute of Chartered Business Valuators. Bill has practiced as a CBV since 1988 and has been involved in the valuation of a wide array of businesses throughout central and eastern Ontario.
If you think you may have a need for a business valuation, please contact us today!