Wiley Financial Services

Although local accountants and investment banking firms can conduct a business appraisal, it is prudent to consult a reputable appraiser. Wiley Financial has been an Arizona business appraiser for over 20 years. We can help you determine the accurate company’s value. Things to consider when choosing a business appraiser Certification One of the most important factors to consider when choosing a business appraiser is their certification. Look for an appraiser certified by a professional organization, such as the American Society of Appraisers or the Institute of Business Appraisers. It shows that the appraiser has the necessary training and experience to Responsibility You need to research the company and determine its responsibility before hiring them. Check whether the company has enough appraisers and if they offer periodic updates to the client. As you’d expect, any business deserves prompt updates; as such, they should be able to provide real-time status. Exceptional responsibility...

A business appraisal can help you revalue your business for different reasons. But how often should your business be re-valued? Simple answer: annually. However, certain conditions, such as industry dynamics, can warrant frequent valuation. You can reach   Wiley Financial  for business appraisal in Phoenix, AZ if you need your business re-valued. How Often Should You Re-Value Your Business? Ideally, you should re-value your business annually, especially if the company has multiple owners. A business valuation is valid for up to a year from the valuation date. However, cash flow, industry dynamics, concentration risks, and time until exit can warrant re-evaluation at least twice a year. And this can be done through a business appraisal. An appraisal is an expert’s estimate of the value of an asset. Let’s see how the above factors affect the frequency of business appraisal. Factors Affecting the Frequency of Re-Valuing Your Business Cash Flow and Profitability Your business’s ca...