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Business Appraisals in Idaho
From potatoes to small businesses, Idaho is becoming a destination for many. The economy in Idaho has been considered one of the fastest-growing in the United States over the last five years. There are over 160,000 small businesses in Idaho that represent over 99.0% of all Idaho businesses. Idaho’s growth in the small business community is attributed to several economic strengths:
- Balanced State Budget – Idaho’s constitution requires the state to maintain a balanced budget.
- Low Taxes – Idaho is one of the most tax-friendly states in the country. Because the state is fiscally responsible, taxpayers are rewarded.
- Regulatory Environment – The focus on working with businesses rather than standing in the way is key. Idaho protects companies from needless restrictions in order for businesses to focus on growth.
As more people flock to Idaho, Peak Business Valuation is presented with more opportunities each week to perform business valuations and machinery & equipment appraisals in Idaho. One of the primary reasons why we work weekly with business owners in the state of Idaho is due to the values which we exhibit. We have a desire to help small businesses thrive.
As a business owner, it is often too difficult to put a price on all the time spent building your business. Relying on a valuation firm that understands where you have been and where you are going is vital to understanding the value of one’s business. Through our complimentary consultation, we want to understand your needs and why a business valuation or machinery & equipment appraisal is needed. Ultimately, this discussion will direct us to introduce you to other service providers that might be a better fit for you. However, if we are the best service provider for you, we will let you know and we will lay out what the valuation or appraisal process is like. We want you to feel comfortable and confident in the value that you will receive. Our code of ethics requires us to remain independent and unbiased in the valuation and appraisal. Once the business valuation or machinery & equipment appraisal is complete, we take the time to explain all that was considered in arriving at the value and how it will impact the situation that you are in. If need be, we will introduce you to someone who can provide further guidance.
All of this sounds great, but why should you work with Peak Business Valuation? The certified valuation professionals at Peak Business Valuation, business appraiser Idaho, are experts in their field and have provided valuations and machinery & equipment appraisals throughout the state of Idaho.
What Cities In Idaho Does Peak Business Valuation Perform Business Appraisals?
Peak Business Valuation has worked with and performed business valuations or machinery & equipment appraisals all over Idaho! Some of the most recent cities we have worked with include:
- Idaho Falls
- Twin Falls
What Industries In Idaho Does Peak Business Valuation Perform Business Valuations and Machinery & Equipment Appraisals?
We have worked with companies of all sizes across a broad range of industries. Below is a list of industries that we have experience within Idaho from a business valuation and machinery & equipment appraisal standpoint:
Administration, Business Support, and Waste Management Services
- Carpet Cleaning
- Debt Collection Agencies
- Janitorial Services
- Landscaping Services
- Pest Control
- Telemarketing & Call Centers
Accommodation and Food Services
- Bars & Nightclubs
- Gym, Health & Fitness Clubs
- Fast Food Restaurants
- Coffee & Snack Shops
- Single Location Full-Service Restaurants
- Bakery and Sandwich Shop
- Event Planning
Arts, Entertainment and Recreation
- Internet Service Providers
- Auto Mechanics
- Car Body Shops
- Car Wash & Auto Detailing
- Dry Cleaners
- Computer Repair Services
- Hair & Nail Salons
- House Cleaners
- Essential Oil Distributors
- Tanning Salons
Professional and Technical Services
- Accounting Services
- Advertising Agencies
- Direct Mail Advertising
- HR Consulting
- IT Consulting
- Law Firms
- Drywall & Insulation Installers
- Glass & Glazing Contractors
- Heating & Air-Conditioning Contractors
- Plumbing Contractors
- Remodeling Contractors
- Roofing Contractors
Finance and Insurance
Healthcare and Social Assistance
We have a team of the best individuals with experience valuing businesses in practically every industry! Let Peak Business Valuation help you understand the value of your business or your equipment!
Reasons for a Business Appraisal in Idaho
There are a number of reasons why a business valuation or machinery & equipment appraisal are required. However, at Peak Business Valuation, we focus on specific areas of business valuation. In addition, we will let you know whether or not we can perform a machinery & equipment appraisal. Below is a list of the services that we primarily offer:
- Buy-Sell Agreements
A buy-sell agreement is a legally binding agreement between co-owners of a company that directs the owners as to how to deal with buying out a partner. Within the operating agreement or articles of incorporation, there is a clause with the terms of a buyout. Such a clause will result in a business valuation. We assist business owners in understanding the value of their business in order to transact.
- Estate and Gift Planning and Reporting
A business valuation is required for most estate planning needs. If you are gifting shares of your company to family members or anyone else, a business valuation is required. As you work with your estate lawyer or any lawyer, you will need to inquire about the need for a business valuation.
- Bank Financing (SBA 7(a) loans and conventional loans)
For an SBA 7(a) loan, a business valuation must be ordered by the lender. The reason being, an independent valuation is performed by a valuation professional if the amount being financed is greater than $250,000. In addition, we provide machinery and equipment appraisals to SBA lenders.
- Business Planning
A business valuation provides guidance to business owners with respect to growing a business and understanding the value drivers of that business.
- Purchasing a Business
When purchasing a business, the due diligence process is critical. You need to understand the business you are purchasing. As part of the due diligence process, Peak will provide a business valuation in order to help you feel more confident in your decision, whether that is to move forward or walk away.
If you are looking for a business valuation or a machinery & equipment appraisal in Idaho, you can rely on Peak. We will provide you with a thorough and accurate analysis to help address your needs. Give us a call today at (435) 359-2684 for a no-cost confidential consultation.