Business Valuations – Illinois

Determining the value of a business is essential when involved in a transaction, merger, acquisition or when preparing to sell your company.  Uncovering the true value of the organization is an important first step for many Illinois companies.

Business Appraisal Services – Illinois

Business valuations are conducted by specially trained financial professionals that evaluate various factors including financial statements, revenue, profitability, assets, liabilities, market conditions, customer base, risk factors and economic conditions. While the goal, depending on your needs, is an independent conclusion of value or calculation of value, the final report also contains important information about the strengths and weaknesses that offer clues on how to maximize the value of your business.

Beyond transactions, there are other situations when a business valuation may be required. Often, Illinois attorneys will request a valuation when an owner is involved in commercial litigation, marital disputes, estate planning and dispute resolution. Business valuations may also be needed for internal decision making to obtain financing, succession plan or obtain insurance coverage.

Business Valuation Experience – Illinois

Adams Brown, Strategic Allies and CPAs, provides valuation services to business owners and attorneys in Illinois. Whether you need a conclusion of value or a calculation of value, we have years of experience conducting methodical and independent valuations of businesses. Beyond this, our team holds a variety of valuation certifications including:

  • Accredited Senior Appraiser (ASA),
  • Certified Valuation Analyst (CVA) and
  • Accredited in Business Valuations (ABV).

Illinois Valuation Services

Serving your business valuation and calculation needs in these areas and situations:

  • Investments: mergers and acquisitions, ESOP valuations, sale of a business, succession planning, goodwill valuation and quality of earnings determinations.
  • Taxation issues: estate and gift tax compliance, capital gains tax issues, tax disputes with a government entity, stock compensation and non-qualified deferred compensation plans.
  • Financial reporting: compliance with purchase price allocation requirements and intangible assets and goodwill impairment requirements.
  • Litigation: partnership & shareholder disputes, determination of business damages or lost profits marital dissolution, bankruptcy court proceedings, intellectual property valuations and probate proceedings.

About Illinois

The Illinois business community is known for its diversity across various sectors. From finance and technology to manufacturing and agriculture, the state’s economy boasts a wide array of industries that have evolved over time. Chicago, the state’s largest city, is a major hub for finance, technology and professional services, with a bustling downtown area that hosts corporate giants and startups alike. The city’s strategic location at the crossroads of major transportation routes has historically facilitated trade and business activities.

The state has a long history of fostering innovation and entrepreneurship. The state is home to world-renowned universities, such as the University of Chicago and Northwestern University which have played a pivotal role in driving research and innovation. These institutions have produced groundbreaking research that has led to the development of new technologies, products and services which nurture a culture of innovation within the business community.

Additionally, Michigan’s manufacturing sector extends beyond automobiles. The state’s skilled workforce and infrastructure support the production of aerospace components, industrial machinery and various consumer goods. The manufacturing industry continues to evolve and embrace advanced manufacturing technologies to remain competitive in the global market.