Whether you are an attorney, business owner, spouse, fiduciary, partner, or individual litigant trying to understand what a closely held business interest is worth, a useful valuation begins with the purpose, valuation date, governing documents, and financial records driving the opinion.
Business Valuation Services for Disputes, Buyouts, and Ownership Decisions
Quick Answer
Business valuation determines a defensible value for a closely held company, ownership interest, buy-sell trigger, divorce issue, estate transfer, transaction, financing decision, or damages question.
A useful valuation identifies the purpose, valuation date, standard of value, governing documents, source records, and assumptions before applying income, market, or asset approaches.
What to Gather Before a Business Valuation Engagement Begins
The quality of a business valuation depends on the information available before the engagement begins. Relevant documents include financial statements for the most recent three to five years, federal tax returns, articles of incorporation or partnership agreements, buy-sell agreements, any prior valuations, and the most recent balance sheet. Business owners, spouses with a community property interest, and fiduciaries should also identify the applicable valuation date — which may be set by statute, court order, agreement, or the date of the triggering event.
Expert Witness & Litigation Support
Beyond the written valuation report, parties, counsel, fiduciaries, spouses, and business owners may need a credentialed expert to explain methodology, assumptions, records, and value conclusions in negotiation, mediation, arbitration, hearing, trial, settlement, or another decision-making setting.
Our expert witness and litigation support services include:
- Testimony and presentation support — preparation focused on methodology, data, assumptions, exhibits, and the questions likely to matter in deposition, mediation, arbitration, hearing, or trial.
- Rebuttal and critique work should identify methodological weaknesses, unsupported assumptions, missing records, and alternative interpretations in a form the relevant decision-makers can evaluate.
Related litigation support services from Joey Friedman CPA PA include:
- Forensic Accounting — Financial investigation, fraud detection, and tracing of assets or income for litigation.
- Economic Damages — Lost profits calculations, business interruption analysis, and diminution-in-value opinions.
- Business Valuation Expert Witness Services — Dedicated page covering expert witness qualifications, engagement types, and prior testimony history.
- Fair Market Value vs. Investment Value Standards — Understanding which standard applies to your matter.
- Intellectual Property Valuation Services — Patent, trademark, and IP asset valuations for litigation, licensing, and transaction matters.
Business Valuation FAQ
Q: When should a business owner, spouse, fiduciary, or litigant request a valuation?
A valuation is appropriate whenever ownership, value, or a financial interest in a closely held business becomes disputed, taxable, or subject to a legal obligation. Common triggers include marital dissolution, a partner or shareholder buyout, an estate or gift requiring a reportable value, a buy-sell agreement event, or litigation involving lost profits or economic damages. The earlier a credible valuation engagement begins, the more useful the opinion is for negotiation, settlement, or court.
Q: How is a business valuation made defensible in a dispute or litigation setting?
Reports are prepared under AICPA SSVS No. 1 standards, reference recognized methodologies, and are structured so the assumptions, records, and calculations can be explained to parties, counsel, mediators, arbitrators, courts, or other decision-makers.
Q: What valuation engagements do you handle?
We handle divorce and marital business valuations, shareholder and partnership dispute valuations, estate and gift tax valuations, buy-sell agreement valuations, and damages-related valuations for breach of contract and lost profits claims. See our buy-sell agreement valuation services and Economic Damages practice.
Q: How long does a business valuation take?
Most engagements are completed within 4-8 weeks of receiving complete financial documentation. Accelerated timelines can sometimes be accommodated for both litigation and non-litigation matters when documentation is complete.
Q: What standards govern the valuation methodology?
All engagements are performed under the AICPA Statement on Standards for Valuation Services (SSVS No. 1). We apply recognized approaches – Income, Market, and Asset – and document our reasoning so the report can be reviewed and explained to parties, counsel, mediators, arbitrators, courts, or other decision-makers. Learn more about fair market value vs. investment value standards.
Q: What is the difference between fair market value and investment value?
Fair market value (FMV) assumes a hypothetical arm’s-length transaction between willing, unrelated parties – the standard used in divorce, estate tax, and most litigation contexts. Investment value reflects the value to a specific buyer or owner. Courts and the IRS generally require FMV. See our detailed guide on fair market value vs. investment value.
Q: Can you provide a rebuttal to an opposing expert’s valuation?
Yes. Where an opposing valuation has been submitted, we provide a written rebuttal report that critiques the methodology, data selection, and conclusions – and offers an alternative value opinion. This is part of our forensic accounting expert witness services.
Q: Do you handle business valuations for shareholder and partner disputes?
Yes. We provide fair value determinations for buyouts, oppression claims, and partnership disputes, including matters governed by dissenter’s rights statutes and applicable state law. Our work includes forensic accounting for related financial investigations where needed.
Q: What are DLOC and DLOM, and when do they apply?
DLOC (discount for lack of control) and DLOM (discount for lack of marketability) are valuation discounts applied when an ownership interest represents a minority or non-marketable position. Discounts for lack of control and marketability depend on the standard of value, governing documents, jurisdiction, and decision context. We analyze and document both discounts where warranted.
Q: How do I retain Joey Friedman CPA for a business valuation?
Use the confidential contact form to reach us.
Specialized Service Pages
- Trust Litigation Forensic CPA Florida — trustee breach of fiduciary duty, accounting disputes, self-dealing analysis, trust-held business valuation under Florida Trust Code Chapter 736
- Business Interruption Insurance Claims Forensic CPA Florida — lost revenue calculation, extra expense, period of restoration analysis (Hurricane Ian and other Florida storm-event claims)
Whether you are an attorney, business owner, spouse, fiduciary, partner, or individual litigant evaluating a closely held business interest, contact the firm for a confidential consultation about the records, valuation date, and financial questions driving the matter.
Related Business Valuation Resources
- Business Valuation Expert Witness Services
- Quality of Earnings Analysis
- Normalizing Earnings and Owner Compensation in Valuation Disputes
- Business Valuations for Buy-Sell Agreements
- Business Valuation for Gifting and Estate Planning
Recent Forensic Accounting and Business Valuation Resources
- Who Calculates Financial Damages for Business Litigation Cases
- How to Calculate Economic Damages for Breach of Contract Lawsuit
- Lost Profits Calculation — Florida Business Owner Guide
- How to Find Hidden Assets in a Florida Divorce
- Forensic Accounting Evidence in Fraud Cases
- Collaborative Divorce Forensic CPA — Neutral Financial Professional
- Personal Injury Lost Earnings Forensic CPA
- Litigation Support Cost in a Florida Divorce
Florida Counties — Forensic Accounting and Business Valuation Hubs
Joey Friedman CPA PA serves clients throughout Florida. For county-specific forensic accounting and business valuation engagement details, see:
- Miami-Dade County Forensic Accounting (11th Judicial Circuit)
- Broward County Forensic Accounting (17th Judicial Circuit — Mr. Friedman’s home county)
- Palm Beach County Forensic Accounting (15th Judicial Circuit)
- Orange County (Orlando) Forensic Accounting (9th Judicial Circuit + US Middle District Orlando Division)
- Hillsborough County (Tampa) Forensic Accounting (13th Judicial Circuit + US Middle District Tampa Division)
- Pinellas County (St. Petersburg / Clearwater) Forensic Accounting (6th Judicial Circuit + US Middle District Tampa Division)