Based in Miami, Suzanne DeWitt guides her own law firm, DeWitt PLLC. She also leads the consultancy Valora, which provides cross-border tax planning services to high-net-worth clients. At Valora, Suzanne DeWitt also applies her in-depth knowledge of business valuation.
A key aspect of the valuation process centers on determining the “basis of value,” with taxation, sale, litigation, financial reporting, and acquisition being among the commonly served purposes. The specifics presented reflect the requirements of entities for which the valuation is critical in making informed decisions.
The most common type of value premise is that which assumes that the assets of the business will continue to be used, with the entity operating as a business into the future. Valuing aspects of such a business can be impacted by the fact that such valuation may be only one input within a larger process. The overall focus may be one of valuing preferred stock, stock options, or debt and involve numerous entities within an overall holding portfolio.
Common links in all valuation processes include the history of the company, as well as its ownership and management structure, and measures historical financial performance.
With so many variables in play and many entities holding properties and businesses across borders, it makes sense to seek out experienced legal and financial accounting advice at the outset of any valuation process.
