Case Studies
Businesses and Divorce Proceedings.
Every divorce is a stressful process. Add a complex legal process onto an already emotionally daunting time and you have an extremely draining experience. Most times in a divorce proceeding a business owned by one or both former spouses must be valued.
Just as a house or property must have an agreed-on value, the value of a business must be agreed on by both parties to ensure an equal division of assets. The business valuation team here at Perth Business Valuations have been through this process many times.
John and Danielle have been married for 13 years and in that time have created and expanded a successful printing company. They are now going through a divorce settlement outside of the courts.
To divide their assets in a fair and balanced way both parties had to agree on the value of their business. Both John and Danielle knew that they needed to look for an independent valuation firm to help them figure out how to value their business accurately.
This is what we do best. Our business valuation reports are always independent and free of all bias. We are only interested in calculating the value of your business based on the financial facts and data analysis research. Thanks to our years of experience and professional service we can provide a report that can be trusted.
In cases like John and Danielle we produce detailed reports that cover all aspects of our valuation process. You can be assured that the value we calculate is the right one giving you an insight to all the information we used in our process to determine the final report.
Reach out to us today at (08) 9468 9850 so we can do what we do best.
Business Valuations and Wills
Dealing with the Will of a loved one that has recently passed or on their behalf can be difficult. In an emotionally charged time like this it is important to make sure that all aspects of the Will have been dealt with in a professional and understanding manner.
Many times, a business or part of a business being inherited must be valued properly to make sure that the deceased assets are properly handled. To achieve this an independent valuation is a must.
Take for example Mr. Dupre. He and his two siblings had just inherited their father’s bakery. Only Mr. Dupre wished to take possession of the business. The Will allowed for this as long as he bought out his siblings' share.
Before he could do this the true value of the business needed to be calculated. Mr. Dupre and his siblings needed to be sure that they could trust the value so that this potential point of friction could be cleared as soon as possible.
The team at Perth Business Valuations can be relied on to always produce a reliable and thoroughly investigated certified valuation report. It will detail not only the value we calculated but also the methodology and information we used to calculate it.
In cases like that of Mr. Dupre, we can be relied on to provide the independent and unbiased valuation that is required to ensure a value that all parties can agree on.
The Australian Tax Office (ATO) and Business Valuations
It’s not always easy to know what exactly the Australian Tax Office needs from you. There are many different circumstances that lead to the ATO needing a business validation. In all these cases it is best to use the services of Perth Business Valuations for any business-related purposes.
When we value your business, we always have your best interests at heart. Unlike the ATO we work for you and want to get the best results that we can for you.
Internal Restructure
You might ask yourself ‘should I get a Business Valuation for a simple internal restructuring?’ The answer is yes. Even the simplest of restructurings can change the value of your business which can reflect on your tax obligations to the ATO. You need to know this before the ATO intervenes and save yourself from possible back taxes and fines.
Richard owned a used car dealership. His daughter had been working on the floor for 5 years and Richard had decided that it was time to make her a part of the management team. To bring her into the ownership of the business he needed to complete a simple restructuring of the business.
After talking to his regular accountant, Richard thought that it would be a good idea to have an independent valuation of his company completed. He wanted to be sure that he knew exactly what he would now owe in taxes to cover himself from any possible fines later.
At Perth Business Valuations we always provide our clients with a professional and trusted valuation service tailored to your requests. Our certified reports are always extensive in their details and provide all the information and data analysis that has been used to calculate the business’ value.
Small Businesses
Each member of our valuation team at Perth Business Valuations have over 20 years of experience. Because of this unbeatable level of experience, we have worked with businesses both big and small.
You might think that your business might seem unusual, or you might be too small to be valued. But you can be assured that we can value your business. Thanks to all our different valuation methodologies we can help you with your business valuation needs.
Robert owned a flower arranging business. Through years of hard work, he had managed to build the business to a point that he was able to support himself. While he might not make as much as others, he enjoyed the work.
He wanted to make sure that he was only paying as much tax as he needed to, so he wanted to get his business professionally valued. He was worried that as he believed his business would not be valued highly, he would not be treated in a professional manner.
Our team treats every business with courtesy and understanding. We approach our work with the same passion that you have for your business. You can trust us to give you the best valuation experience possible.
Partner Buyouts.
The end of a business partnership can be a difficult process. You might be worried about loss of business or dealing with an increased workload. Then there is the issue of buying out the former partner. The percentage of the company's value that the former partner is entitled to might be clear. What the value is may be often harder to understand.
Our business valuers all have over 20 years of experience in the field. In this time, they have built up an extensive knowledge of the business valuation process as well as the business market. They can use this experience to make sure that our independent business valuation reports are detailed and unbiased and completed to the highest of standards.
Caroline and Francis own and run a carpet cleaning business. Francis has decided that it is time to retire. Caroline on the other hand wishes to continue with the business. Both decide that the best solution is for Caroline to buy out Francis' share.
Before that can be done, they need to calculate the value of their business so they can calculate how much Francis’ share is worth. There is a clear divergence of interest between the two. Naturally Francis wants a higher value than Caroline does.
The best solution is the independent one. Both parties need a value that they can trust is a true reflection of their business worth. What they need is a valuer that is going to look at all the pertinent information and act in an unbiased manner.
The professionals at Perth Business Valuations always act in an independent and professional way. The certified reports we create are always detailed and precise. We have proved many times that we are the team to trust.
Reach out to us today at (08) 9468 9850 and we can start the valuation process right away.