With extensive experience in international and domestic taxation, Suzanne DeWitt leads her own Miami-based law practice, DeWitt PLLC. In addition, Suzanne DeWitt serves as principal of Valora, a Miami firm that advises multinational corporations, institutions, and high-net-worth families on international and domestic taxation issues, wealth restructuring, and valuation.
Companies that have not undergone an assessment of their value within the last year should consider having such an evaluation performed. A comprehensive valuation gives business owners data about asset and income values, as well as market competition. Accurate company asset information can assist business owners with obtaining proper insurance coverage as well as help in setting a selling price for their business.
Professional business valuations also have the benefit of documenting the true value of a company and its assets during a merger or acquisition. Annual business valuations that track growth year-over-year can demonstrate the company’s future growth potential, and improve the negotiating position with interested buyers or investors.
After completing a business valuation, companies should set growth goals to meet by the next annual value assessment. Tracking company losses with valuation data also can help companies target areas for improvement.
Companies that have not undergone an assessment of their value within the last year should consider having such an evaluation performed. A comprehensive valuation gives business owners data about asset and income values, as well as market competition. Accurate company asset information can assist business owners with obtaining proper insurance coverage as well as help in setting a selling price for their business.
Professional business valuations also have the benefit of documenting the true value of a company and its assets during a merger or acquisition. Annual business valuations that track growth year-over-year can demonstrate the company’s future growth potential, and improve the negotiating position with interested buyers or investors.
After completing a business valuation, companies should set growth goals to meet by the next annual value assessment. Tracking company losses with valuation data also can help companies target areas for improvement.