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Business Valuation Appraiser Chicago 

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Business Valuation Appraiser Chicago

For business owners throughout Chicago, there are few things more important than understanding the value of your business, including the value of both real property and the intangible value of a business. At Allstate Appraisal, we understand the significance of a great business valuation appraiser. Chicago businesses that are in need of business appraisal services can reach out to our office directly to learn more about our services and how to get started. 

What Is a Business Valuation?

A business valuation is the process of understanding the economic value of a whole business; a business appraisal is the process of finding an estimate of the value of real property. Both of these practices use industry-accepted methods and are conducted by neutral third parties. 

When Do I Need a Business Appraisal?

There are dozens of reasons why you might need a business valuation or appraisal. These include:

  • There’s a change to a partnership or buy-sell agreement, or another shareholder or stakeholder agreement
  • You are negotiating a merger, buyout, reorganization, etc. and want to bring more transparency to the process
  • Tax planning
  • You’re making a large donation, in which case the IRS may require an appraisal for tax deduction purposes
  • You’re forming an Employee Stock Ownership Plan (ESOP)
  • You’re involved in litigation and need to know the value of your business in the event that you have been harmed and are seeking damages or are asking to pay damages to another party
  • You’re granting stock options
  • Estate planning
  • Capital raising and other transaction planning
  • You want to inform your general business decision-making
  • You’re thinking about selling your business or/and are putting together an exit strategy 

Our Business Appraisal Process

We provide thoughtful and attentive services throughout the entirety of the business appraisal process. The steps in our process include:

  • Order receipt. The first step in the process is the receipt of the client’s order. Once we receive the order, we’ll review it and assign the best appraiser for the job based on the scope of the project. 
  • Status updates. We’ll provide status updates to the client as the appraisal process unfolds. 
  • Review draft report. After the draft report is created, it will be reviewed by a neutral review appraiser. We check to make sure that the appraisal was conducted according to industry standards. 
  • Review revised report. After the review appraiser has sent the initial draft back for any corrections, it will be reviewed again. When it’s perfect, it will be signed by our chief appraiser. 
  • Report released. The report will be released to the client and our appraiser will answer any questions about our findings. 
  • Formal rebuttal process. In the event that our appraisal work is challenged, we have a formal rebuttal process in place. 

Call Our Business Valuation Appraiser Chicago Today

Getting both a business valuation and appraisal is an important part of understanding everything you need to know about your business’s value. To learn more about working with a business valuation appraiser Chicago, call Allstate Appraisal today. We have the experience and reputation you can trust. 

Order An Appraisal

To order an appraisal on any property type throughout the United States click on the button below.

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If you have a question or would like to place an order for an Appraisal or Review, please fill out the form below. Once you’ve submitted your order, someone from our office will contact you within 1 business day to confirm your order or answer any questions.

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