Business Valuation
Find out how we can help you
At haleys, there are several benefits for a chartered accountancy firm to prepare a business valuation for owner-managed businesses.
These include:
1. Understanding the worth of the business: A business valuation can help the owners understand the fair market value of their business, which can be useful for decision-making purposes, such as considering a merger, acquisition or sale of the business.
2. Facilitating strategic planning: A business valuation can provide owners with valuable insights into the strengths and weaknesses of their business, which can help them develop a strategic plan for future growth.
3. Identifying potential risks: A business valuation can help owners identify potential risks that may affect the future performance of the business. With this knowledge, owners can proactively take steps to mitigate these risks and strengthen the business.
4. Attracting investors: A business valuation can provide potential investors with a clear understanding of the worth of the business, which can help attract investment.
5. Facilitating succession planning: A business valuation can provide owners with a clear understanding of the value of their business, which can be useful for succession planning purposes, such as transferring ownership of the business to family members or employees.
In terms of how these valuations could be utilised, they can be used in a variety of ways, including:
1. Selling the business: A business valuation can help owners determine the fair market value of their business and help them set a realistic price when selling the business.
2. Obtaining financing: A business valuation can help owners secure financing from lenders, as it provides lenders with a clear understanding of the worth of the business.
3. Estate planning: A business valuation can help owners with estate planning by providing a clear understanding of the value of the business, which can be useful when creating a plan for the transfer of the business to family members or other heirs.
4. Legal purposes: A business valuation can be used in legal proceedings, such as divorce or partnership disputes, to determine the value of the business.
Haleys are committed to providing owner-managed businesses with valuable insights into the worth and potential of their business, which can be utilised for strategic decision-making, attracting investment, and succession planning, among other purposes.
Corporation tax
Corporation tax reliefs and rates change annually, so we ensure that we can provide all the right guidance and advice when looking at exemptions, allowances and deductions that may be available.
We will thoroughly review and prepare corporation tax returns in great detail in order to ensure you are complaint and that you don’t incur any penalties.
Self assessment
Our tax services make sure that your tax liability is calculated taking into account all allowed exemptions and deductions. We simplify the process by using accountancy software to accurately complete tax returns and calculate any tax liability that may occur, along with any payments that need to be made.
Capital gains tax
You may be looking at investments, a second property or another asset and our team can make sure you maximise your exemptions while simplifying the difficult area of capital gains tax.
Personal tax planning
[insert firm name] can help with the complex issue of personal tax, we know it can be difficult to understand, which is why we help every step of the way. We take away the time and stress by creating a tax planning strategy that suits your tax affairs, helping ensure you pay the least amount of tax. Our team will advise when payments are due along with what forms need to be filed and returned to keep you compliant.