Wasatch Front Utah Business Valuation & Advisory Services (Serving Clients Nationwide)
Utah’s Trusted Business Valuation Professionals Serving Clients Nationwide
CMP’s team of experienced Utah business valuation accountants is here to help you, whether you are considering selling your business or buying one. We have multiple Certified Valuation Analysts (CVA) on staff who are experienced with small business valuations in Utah, as well as medium to larger-sized companies.
While our valuation team is based in Utah, we work with business owners nationwide through secure, remote valuation processes.
Having a proper Utah business valuation can save you thousands or more if buying, and can help you sell your company for what it is truly worth. Don’t trust your business to just anyone. Use one of the top business valuation companies in Utah, CMP.
CMP has experienced business valuation experts in Utah to help you with your business appraisal needs, from support in executing a buy-sell agreement to acquiring or selling a business. Our valuation team members have undergone extensive training and continuing education to stay on the cutting edge of current business valuation techniques and trends.
I’ve worked with CMP for over 15 years and have greatly appreciated their wisdom and accessibility. CMP saved us thousands of dollars during our company’s acquisition and continues to be an invaluable asset with my current business ventures. CMP gives me the knowledge, support and confidence I need to efficiently and effectively meet the challenges that come with growing a new business.
Lance Lyons, President
DUO Group
Certified Valuation Analysts for Business Valuations in Utah and Nationwide
The Certified Valuation Analyst (CVA) credential is widely recognized and accepted in the business valuation industry, and it meets the standards of professional credentials for a broad spectrum of authorities, including the IRS and various courts. Our valuation services are subject to the professional standards as set forth by the American Institute of Certified Public Accountants (AICPA) and by the National Association of Certified Valuators and Analysts (NACVA).
Some of the business valuation services we offer include:
Purchase, Sale, Merger of a Business
We specialize in determining the value of businesses. This can be of great assistance when negotiating a sale or purchase price. We can also help you identify strategic benefits that may be available in mergers and acquisitions and quantify the value of the combined entity.
Buy-Sell Agreements and Succession/Exit Planning
It is generally recommended that an independent third party prepare a business valuation when a Buy-Sell agreement is exercised. This significantly reduces the likelihood of issues and eliminates bias from the transaction.
Family Limited Partnerships (FLPs) or LLC
In order to meet certain IRS and other regulatory standards, it’s common to need a business valuation before completing transfers or other transactions between family members. We are experienced in preparing business valuations for FLPs and FLLCs, and we have the professional credentials to meet the IRS’s standards for being a “Qualified Appraiser”. We are experts in preparing business valuations in accordance with Revenue Ruling 59-60 and other required standards for tax purposes. We also stay up to date on the latest legislation, court cases, and industry trends that affect the business valuation standards, including the new proposed regulations under section 2704, which closely affect closely held businesses.
Business Valuations for Gift and Estate Tax purposes
We are able to combine our expertise in estate and gift taxation with our knowledge of business valuations to prepare business valuations that meet the IRS’s standards for gift and estate reporting purposes. These valuations are oftentimes required and can be used to establish the stepped-up basis in closely held investments. We prepare a large number of business valuations under the standards of Rev. Rul. 59-60, and we ensure that our business valuation reports are in accordance with all applicable standards.
Small Business Valuations
We are highly trained in a wide range of small business valuation methods, using the major approaches in accordance with our professional standards. Our team members value businesses in a variety of industries using these methods.
Charitable Contributions of a Business
Sometimes a taxpayer may choose to donate all or part of their business to a qualified tax-exempt organization. To qualify for an income tax deduction for a non-cash donation of business interest, the IRS requires the donor to obtain a “qualified appraisal.” We are both experienced and qualified to prepare business valuations that meet all of the IRS’s required standards for charitable donation reporting.
Marital Dissolution or Business Partner Disputes
Unfortunately, not all marriages last, and not all business relationships are ideal. If you find yourself in a dispute involving an interest in a closely held business, we can assist you by preparing a business valuation to help settle the dispute.
Company Monitoring and Benchmarking
It is often said that you can’t manage what you can’t measure. With our periodic business valuation services, we can help you monitor your business’s progress over time. These business valuations can be used to measure company stock performance for closely held businesses and to benchmark your company against others in your industry.
Other/Consulting
For the business owner who doesn’t need a complete business valuation, we offer other related services and types of business valuations, ranging from a calculation engagement to specific agreed-upon procedures to business consulting for a business expected to be sold at a future date. In fact, by applying the principles of business valuation, we can help you ensure your business operates in a way that yields the highest sale price when you decide to sell.
Industry Advisors:
Jared has been preparing tax returns and helping clients with various accounting and tax needs since 2001. He started his career in public accounting at..
Josh Liechty is a Director in our Tax Department in the Logan office of CMP. Josh was born and raised in Cache Valley, and he earned both a bachelor’s and a master’s degree in accounting from..
Quinn Johnson is a Tax Manager in the Logan office at CMP. He graduated in December 2022 with a Master’s Degree in Accounting from Utah State University..
Braxton is a CPA in the St. George office. Before coming to CMP in 2021, he worked for an accounting firm in Phoenix, AZ, for two years.
