What to Expect During A Typical Valuation Process

For Starters

An initial meeting to determine your needs and the scope of the assignment
A cost estimate and a delivery time estimate. Costs and timing will vary widely by firm and level of report required
Guidance on the appropriate level of valuation report (calculation, estimate, or comprehensive report/opinion) and a clear explanation of the differences in cost and work
Engagement letter (depending on the size of the file) setting out type of report, likely costs, time needed to complete, and steps the valuators will go through to arrive at a conclusion
A preliminary list of information required to start the valuation

During the Process

Interviews with key management and possibly external advisors (accountants, lawyers)
Expect to provide a lot of information, including company history and outlook, past financial statements, projections, tax returns, and details of all amounts paid to related parties including shareholders salaries and benefits
You should be given the opportunity to review a draft version of the report to provide feedback
You will be asked to sign a “representation letter” confirming that the facts contained in the report are correct to your knowledge and that material factors have not been omitted or withheld

Wrap Up

You should be given a signed copy (or multiple copies) of the final report on the firm's letterhead
You should pay your bill. Many valuators obtain 50% of the estimated cost as a retainer, and bill on completion of the file, (depending on the time to complete)

Providing excellent service for a reasonable fee is our passion

How Do We Work?

We are independent.
We are focused on business
valuations and related services. We
do not provide any public accounting
services.
We do not accept or pay referral fees.
We strive to be accessible and
responsive
We are always willing to listen. Call
us - we’ll tell you if we can help, or
tell you who can.

Stewart Business Valuations Inc., an expert in the field of business and securities valuation.

Providing an independent and objective view on the value of businesses, securities and other assets, including intellectual property. Our firm’s lead practitioner is a Chartered Accountant and Chartered Business Valuator.

We provide services to public or privately-owned businesses and their professional advisors. Our firm is located in Woodbridge, Ontario, just north of Toronto. The majority of our clients are located in the Greater Toronto Area. Our practice is restricted to business valuations and related services.

Phone: 905-265-8116
E-mail: stewart@stewartbvi.ca