Discussion:Business Valuations

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Fort Wayne CPA (talk|edits) said:

16 June 2008
I was just "accredited" in business valuation by the AICPA. I am now a CPA/ABV.

I spent fifteen years in industry prior to switching to public accounting and I have spent time as an electronics technician, a mechanical equipment operator, a journeyman electrician, and a maintenance manager.

We are expanding our business and I plan on doing a fair amount of marketing in order to perfomr business valuations over the next few years.

What would those people reading this thread suggest?

Mike Sylvester

UTdave1 (talk|edits) said:

16 June 2008
Referrals will come from the following:

1 - audit firms' clients who need valuations for FAS 141 purposes 2 - estate returns 3 - valuation for tax planning (ie gifting interests in businesses to children/grandchildren) 4 - divorce engagements 5 - small business M & A

I'd try to do some networking with audit firms and with attorneys with an emphasis on divorce attorneys. Good luck.

UTdave1 (talk|edits) said:

16 June 2008
I'd suggest writing an article for a local/regional publication relating to valuation issues from a business/tax/audit (all are and/or) perspective. It should be a good way of giving you some credibility beyond the credential plus it may give you some name recognition. You may want to consider multiple articles.

Kevinh5 (talk|edits) said:

16 June 2008
I like the published article idea, but I would take it a step further: once published, get reprints and send to all of your local estate planning attorneys and tax professionals (not just CPAs) with a business card and a cover letter or note that said something like "I thought you'd like to see this. Let me know if I could help any of your clients."


Along those same lines, find out who the local attorneys get their CLE from, and offer to teach a 2 hour CLE class on the subject for the organization.

In other words, get in front of the people who recommend or hire your services.

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