The Purpose of the Valuation
No valuation of a business or shares in a company should be undertaken without first identifying the “purpose” of the valuation.
Generally, the purpose should not affect the outcome; but may in situations involving minority share holdings. For most CAs using this website, the valuation is likely to involve one of the following:
- Restructuring including transfer of shares to a Trust;
- Succession and estate planning;
- Taxation and evidence of value for the Inland Revenue;
- Inheritance issues and transfer of wealth;
- Exit of a shareholder, dividends and value considerations;
- Buy back agreements;
- Mergers and/or acquisitions;
- Capital raising; and
- Employment or incentive schemes.