Business Appraisal Colorado

Business Appraisals in Colorado

Our business appraisals are performed by CPAs who have completed hundreds of certified business appraisals.

Our staff at Trak Financial Services enjoy working with our business appraisal Colorado clients, building relationships, getting to know their businesses and scrutinizing financial information. We have access to data for all industries, so we can appraise a company in any industry. The result is a solid business appraisal. 

We have had roots in Colorado since the bicentennial year of 1976. Our professionals know Colorado and its $350 billion economy very well. Living and working in both the Front Range (Denver area and Colorado Springs) and the Western Slope, we understand our varied

business climate well. We have performed appraisals for many companies throughout Colorado. Our office in Colorado is positioned well to appraise your business accurately for the current Colorado economic conditions.

Trak Financial Services provides business appraisal services throughout Colorado including: Colorado Springs Metro area, Denver-Aurora Metro Area, Eastern Plains area, Ft. Collins Metro area, Pueblo-Canon City Metro area, and the Western Slope.

Business appraisal is very important for businesses. It can help them become more efficient, and it can also help them grow. The report can assist businesses take important decisions with ease. These reports provide accurate measure of the businesses. Business appraisal has become an essential part of any business as it offers a wide range of benefits.
Trak Financial Services offer reliable business appraisal in Colorado for all types of businesses. Let our expert team handle your appraisal needs and see the difference we can make.

Our business appraisal Colorado services are for almost all types of businesses and industries. We provide customized solution that can easily meet your specific needs. Thanks to our team of expert business appraisal experts, we offer reliable business appraisal solution. Our team also comprises of other experts like CPAs, small business owners, business brokers, real estate professionals, equipment appraisal experts, and CFOs, and more.

No matter what type of business appraisal you need, we can meet your exact requirements with greater efficiency. We use the best technique and tools to ensure the best results. Not just that, our business appraisals are done based on specific industry and business.

Choose an Expert Team

To get the best business appraisal in Colorado, you need the best team. At Trak Financial Services, we take care of everything from start to finish. We have a team that is experienced in tackling all kinds of business appraisal. There are so many amazing reasons to get an accurate measure of your business. Knowing the real value of your business can help you make important decisions like buying or selling your company, M&A, Buy-sell agreements, Partner separation, Succession planning and Tax issues and more.

Our appraisal reports are accurate, reliable and catered to specific needs. We will also walk you through the process. We always make sure that our business appraisal Colorado reports meet IRS, SBA, and USPAP requirements.

Our Business Appraisal Services in Colorado

Our team of professionals provide you with an accurate and understandable business appraisal. We develop the appraisal using various appraisal methods and then decide which methods match your business’ needs. You can use our business appraisal Colorado services with confidence for a wide range of purposes, such as:

  • Buying a business
  • Selling your company
  • M&A
  • Buy-sell agreements
  • Partner separation
  • Succession planning
  • Divorce
  • Tax issues
  • Estates
  • Financing
  • ESOPs
  • ROI analysis
  • Acquisition price allocations
business appraisal colorado

Get an Accurate Business Appraisal
from Experts

At Trak Financial Services, we have an excellent team of experts with excellent business experience and experience in appraisals. They are CPAs, CFOs, business owners and business brokers. They come with many years of experience in business appraisal.

You can rely on our team to get the best solution for your needs.

Why Choose our Business Appraisal Colorado Service?

It’s the way we engage with your company that makes us different than others. Our holistic business appraisal in Colorado approach coupled with great prices and quality work makes us an ideal choice. We use appraisal methods that are relevant and designed to meet your specific needs. We use processes that are straightforward.  Our reports are robust and understandable.

Even though we can perform a business appraisal in a week with all-hands-on-deck, we normally perform appraisals in 3 weeks.

We Offer Superior Business Appraisal Services

Let our team of experts handle your needs.

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Do you know what your business is worth?

Do you have a business and want to know what it is worth? Smart! We recommend that business owners know the value of their business, usually their most important asset. We offer a holistic appraisal solution. Businesses can grow and become more efficient with the right appraisal solution. Our business appraisals have fair pricing, good turn-around time and solid quality. We provide a custom solution. Our appraisal process is straightforward. All of this makes us one of the best service providers for providing business appraisals in Colorado.

Looking to sell your business with a broker? Good idea, just don’t rely on a Broker’s Opinion of Vaue (BOV) to appraise the business. Instead, rely on a professional standards-based Business Appraisal that is accurate and defensible to prospective buyers. The most successful business brokers generally do not sell a business without a business appraisal.

Our team at Trak Financial Services is competent, experienced and has the expertise to meet your company’s specific needs.

Appraisal Report

Our business appraisal reports are accurate, professional and understandable. We tailor the report to your company and needs. Once the appraisal process is complete, we walk you through the report, ascertaining you get exactly what you want out of your report. We help you withstand any scrutiny.

Our business appraisal Colorado report meets IRS, SBA, and USPAP requirements. The appraisals are prepared in accordance with the “Statement of Standards for appraisal Services No. 1” (SSVS) of the American Institute of Certified Public Accountants and Uniform Standards of Professional Appraisal Practice (USPAP).

Know Thyself, Accurately

Example Report Contents

  • 1-6 Intro & Scope: Business Appraisal Colorado
  • 7-47 Industry Report
  • 48-53 Adjusted Financials and 5-Year Projection
  • 54-56 appraisal Approach Overview
  • 57-65 Methodology Detail & Conclusion of Value
  • 66-68 Performance Benchmarks (KPIs) to Industry
  • 69-73 Business Sale Considerations
  • 74-85 Concluding Items

Appraisal Special Features

  • Market Data Comparables for Business Appraisal Colorado
  • 5-Year Projected Financials
  • Industry Report
  • Benchmarks Report
  • Discount calculations, as appropriate (marketability & minority interest)
  • Covid adjustments, as needed
  • "Gut Check" - Does the appraisal amount make sense?

Guarantee

We guarantee our business appraisals for 2 years from the appraisal report date. This means that we make any necessary adjustments to the appraisal for its time period. If needed, we also meet with interested parties concerning the appraisal for up to 2 years.

We simplify the complex appraisal process

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Appraisal Process

Part I: Research and Analysis

  • Interview management, reviewing business and financial operations.
  • Compile business documents. Up to 5 years of tax returns and other financial documents such as P&Ls, balance sheets, AR Aging Report, AP Aging Report, Customer Revenues by percentage of revenues over 3 years, Operating/Partnership Agreement, Asset Listing (Depreciation Schedule), and Building Lease copy.
  • Review and synthesize business information for Business Appraisal Colorado
  • Research and analyze the industry and market in which the business operates, obtaining significant relevant industry data that will be included in the final report, providing industry risk profile for appraisal calculations.
  • Determine NAICS code for industry report and industry comparables.
  • Study economic conditions as of the appraisal date.
  • Analyze company financial data:
  • Up to 5 years of financial records detail
  • Reformat financial information
  • Ask financial-related questions
  • Make various normalization adjustments
  • Analyze business financial condition, performance and trends
  • Calculate and examine relevant financial and/or operating ratios
  • Compare financial performance to the industry
  • Identify and assess business value drivers and risk factors.

Part II: Client Questions and Review

  • Ask detail questions to client regarding operations, outlook, market environment, financials, adjustments and assumptions.
  • Review the financials, industry report selection, adjustments and assumptions with the client.
  • Make any adjustments as needed, then review until client is satisfied with financials and adjustments. Many times this is done via multiple emails, but it may be a virtual meeting as well.

Part III: Business Appraisal Method Analysis and Calculations

  • Develop a 5-year forecast.
  • Begin the report draft.
  • We consider the possible business appraisal approaches and methods and select those that are most likely to yield meaningful indications of value:

(1) Market Approach. Under the Market Approach to business appraisal, we consult the marketplace for indications of business value. We generally use the private company sales data, but use publicly traded sales data when needed. Our team selects companies which resemble the subject business in terms of their financial and operational characteristics. The team then statistically analyzes and calculates appropriate market multiples: price/earnings, price/revenue, price/book value, etc.

(2) Asset Approach. The asset approach to business appraisal considers the underlying business assets in order to estimate the value of the overall business enterprise. The business appraisal methods under the Asset Approach include:
  • Asset accumulation method
  • Capitalized excess earnings method
(3) Income Approach. The methods under the Income Approach include:
  • Discounted cash flow method
  • Multiple of discretionary earnings method
  • Capitalization of earnings method
  • Reconcile the appraisal method results and decide how much influence each should have in the final conclusion.
  • Apply appropriate premiums and discounts to values indicated by the above methods. For minority interests, we consider control attributes. We also consider a discount for marketability, analyzing marketability attributes.
  • Test the reasonableness of the value conclusion.

Part IV: Produce and Deliver the Appraisal Report

  • Write an understandable Business Appraisal Colorado report in the agreed-upon format. A full report presents relevant facts, explains the analysis and procedures used, and provides supporting evidence for conclusions.
  • Review, proof-read and finalize the report.
  • Upon final payment, set up a meeting to go over the report virtually with Client and other interested parties of Client choosing.
  • Deliver the final report to Client, in a professional PDF format

    Contact

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    info@trakfinancialservices.com

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