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FREQUENTLY ASKED QUESTIONS What qualifications are required to value a business? Unfortunately, there are no regulatory licenses to ensure minimum requirements for a business appraiser. Since anyone can claim to be able to value a business, it is extremely important that you choose a professional that holds the appropriate certifications and accreditations from a nationally recognized appraisal association. These associations include the American Society of Appraisers (ASA), the Institute of Business Appraisers (IBA) and the National Association of Certified Valuation Analysts (NACVA). Analysts accredited in business valuation from these organizations must meet stringent educational and testing requirements. At FairValue Advisors, our Executive Directors hold the appropriate valuation designations. Our educational backgrounds consist of undergraduate degrees in finance and economics. Each Executive Director also holds a post baccalaureate degree in business administration. Who will actually do the work? A FairValue AdvisorsTM Executive Director will work with you to complete the assignment. Your valuation project will not be used as a training ground for junior analysts. Veteran practitioners with over fifteen years of experience will perform all of the substantive work on your assignment. Do you have experience in my industry? We have worked in a broad range of industries and references are available [see our Experience]. However, each business and ownership interest is unique and we analyze the economic, industry, technology and business specific drivers of value for each assignment. How long does the appraisal process take? We have quick response and turnaround times. Depending on the scope and our clients' needs, our valuation assignments typically range from three to six weeks.
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