Among our team, not only do we have members with expertise in valuation but who also have experience in the field. These entrepreneur-appraisers have, over the years, successfully bought and sold businesses. In practice, the added value of Atypique - Master Appraisers is our knowledge and intellectual property, valuable, tangible and professional. Contact us and one of our appraisers can discuss your needs and the business decisions you need to make. Talk to a manager about our consulting services, to learn about our capabilities and experience.
Lanaudière Laurentides Laval Mauricie Montréal
Pay attention to the human being behind the profession
When you want to know a value and you order an evaluation report, referring here both to a real estate valuation and a business, you are choosing to purchase a service that will allow you to hear someone else's opinion, in this case, your chosen evaluator.
It is important to understand this concept, because although there are many formulas and calculations that will help business valuation experts in business valuation to determine their value
to determine their value, in the end, their value is nothing more or less than their opinion and that's what you pay for.
The relationship of trust between you and your appraiser is a guiding factor and part of the solution and will be crucial during the process, as he or she will be the one mandated to answer all your questions and reassure you when concerns arise. In our experience, you will do yourself a favor if you find an appraiser who is compatible with you.
For all these reasons, it is still difficult to go through the exercise and choose an appraiser you believe to be the right one. Define and clarify the criteria you are looking for, ask the contractors around you if they know a good and reliable appraiser, make a first try, contact a firm and discuss with the appraiser. You can also store around for a good appraiser. The more you pay attention to these details, the better your chances of being fully satisfied.
In order to be able to respond to the business need, the evaluator has a menu of three choices to support his value. Using these three choices, the appraiser must determine the level of appraisal report that represents the best choice to deal with a given situation. In order to do this, he will discuss with the client what his requirements are and what business decisions will result from this expertise. He will ask who else is likely to be involved in the process, what is the purpose and end point of the assessment and he will ask questions about the case he is facing and will have to assess.
that he or she will have to assess. In summary, the three levels of assessment allow for the selection of the level of acuity required and for this, the client's needs must be balanced against the amount of money that will be required to to achieve it.
The calculation report
The calculation report is not devoid of analysis, although it is more summary. The process consists mainly of questioning the managers and it is from this information that most of the assumptions are derived.
This is the lowest level of reporting and is therefore the least expensive. The presentation is of the form type, so it contains a few text boxes and several tables.
This type of file is particularly appreciated by entrepreneurs and provides them with the necessary services when they want to have an overview of their assets, do tax planning or prepare financing.
This is the type of report most often used for transactions involving small businesses wishing to sell or for smaller transactions.
It also offers the least degree of assurance of a value conclusion. It is also in this type of report that the range of value will potentially be the widest.
The estimation report
The estimation report
This is the median report. It is a more advanced report where certain verifications will be made in a more precise manner and where certain data deemed more relevant by the evaluator may be integrated. Depending on the sector, the integrated data may be broken down according to relevance. It could be, for example, summary data related to the industry, or to sales, customers, human resources, inventory, specific services and finally to the economic situation.
For all these reasons, and because the appraiser will have taken the time to better understand the market, he will be more aware of the strengths and constraints of the industry and will be able to increase the level of accuracy of the report and the degree of fair market value.
The appraisal report is often used for financing activities by potential homeowners who will choose it instead of the calculation report, wanting to know more about their next purchase.
Comprehensive report
It definitely holds the highest level of accuracy, depth and guarantee. It is also the one, for whoever will avail himself of it, where it will cost more to get it. This type of report takes the form of a full narrative report. Overall, it is much more substantial, and still much more complete
In this type of document, every relevant detail will be checked. If it is relevant to produce market and feasibility studies in order to clarify certain issues, they will be produced. If a market analysis must be done in order to anticipate future cash flows, it will also be done.
Le rapport exhaustif représente celui au plus haut niveau de détails. Il est utilisé pour les acquisitions plus complexes et significatives, ou les situations impliquant un litige ou un contrôle règlementaire. Il offre le niveau d'assurance le plus élevé de tous les types de rapports. C'est vraiment dans ce rapport que la valeur marchande de notre entreprise sera la plus éveillée.
In order to better understand the impact that your choice of appraiser will have on your business decisions, what better way than to understand what the appraiser will have to do and what his or her skills are in relation to his or her profession.
If the basic objective is to estimate the most probable selling price of a company, to achieve this, the exercise remains
a very technical exercise. In order to determine the value, it will be necessary to
analyze the financial statements in order to highlight, among other things, the
profitability, the level of liquidity, the type of management and the level of
debt level.
Which professional is capable of performing an appraisal of a business at fair market value and has he or she joined any team of appraisers?
It depends on the point of view, let's be honest, searching on the internet, a little bit all the professionals having the habits to do it will preach for their parish so we will try a different approach by making the tour of the main intelligent choices. This is our team's point of view but you'll see, it makes sense.
The important thing to remember is that a business valuation is not what we call a reserved professional act. So, in theory, anyone can become an appraiser, in real estate appraisal yes, in business, no. For us, the idea is to remain humble in the process, because it is obvious that no one could boast of being able to have all the necessary answers to all the questions of all types of businesses. Every professional title theoretically has these strengths and weaknesses. We recommend that you ask the question to those you are considering in order to make your business assessment. Overall, we believe that the person, their work history, their professional designation(s) and their experience will tell you a lot about their competence. So beware of self-proclaimed business valuation experts who have no profession.
For the sake of argument, we'll give a very brief overview of some of the professional designations that can lead to the experience required to call yourself a business valuation expert. These are broad generalizations, but you will understand our point. They are almost all Quebec or Canadian designations, but they are generally internationally recognized.
The Certified Appraiser
Professionals with this title are members of an order, which means that they too are the only ones who can perform certain reserved acts. The chartered appraiser is recognized by the Quebec professional code for the appraisal and estimation of the value of any property. He is the one recognized as the specialist in case of an evaluation, a Picasso for example. Let's be honest, the reserved acts all revolve around the real estate appraisal sector. Uniquely, the appraiser is the only one who has the skills and expertise in real estate. For finance, the income methods applicable to buildings are the same derivatives as those applicable to businesses. The AEs who also have entrepreneurial notions and who are insiders in the field of financial statements have an interesting profile as experts in business valuation.
CFA - Charted Financial Analyst
Can the CFA interpret the value of a company? Yes, it's a program that has definitely earned its credentials around the world. It is a designation that is not part of an order, but no matter, many bankers have it. The select members of the professional community with this designation are recognized as leading experts in the field of financial investment and in the world of finance in general. Business valuation, acquisition and financing. Therefore, the strength of our valuation experts lies in their qualities and knowledge of reading and producing performance indices, combined with their in-depth knowledge of the sectoral markets. Atypique - Maîtres Évaluateurs is one of the lucky ones to have a CFA holder on its team.Can the CFA interpret the value of a company? Yes, it's a program that has definitely earned its credentials around the world. It is a designation that is not part of an order, but no matter, many bankers have it. The select members of the professional community with this designation are recognized as leading experts in the field of financial investment and in the world of finance in general. Business valuation, acquisition and financing. Therefore, the strength of our valuation experts lies in their qualities and knowledge of reading and producing performance indices, combined with their in-depth knowledge of the sectoral markets. Atypique - Maîtres Évaluateurs is one of the lucky ones to have a CFA holder on its team.
CPA - Comptable Professionnel Agréé
To become an accounting specialist, the professional must have a recognized post-graduate diploma, just like all the titles presented here. The CPA is a member of a professional order, which means that certain professional acts are reserved for them according to the professional code and can only be legally produced by them, for example, review engagement type financial statements. Although some accountants also do management accounting, the watchwords for them are generally financial planning and financial control. The accountant is the specialist in financial statements, after all, they are the ones who prepare them, let's face it, it's a simple fact that gives them the legitimacy to pronounce on the value of a company and produce valuations. A member of our team also holds this title.
CBV - Charted Business Valuator
CBV Institute, or EEE in French for Expert en évaluation d'entreprises. Note that even in French, the title of CBV is much more overused than the title of Expert en Évaluation d'Entreprises EEE. It It is a title that specializes in business valuation and that this act is not reserved, the diploma does not lead to become a member of a professional order. Once again, the participant's background is all that matters. It is a good complement for those who are heading towards business valuation. Via the Canadian Institute of Chartered Surveyors, the CBV program also has the advantage of establishing a protocol for establishing a value, just like the Ordre des évaluateurs agréé du Québec, and brings a certain standard to the Chartered Business Valuator of the CBV.
Tax specialist
Tax professionals can also provide a valuable opinion and claim to be experts in business valuation. The tax specialist, as the name suggests, is the pro at tax law. Anything that has to do with taxes is his or her specialty. The level of tax specialist is usually reached 2nd, after a first title like CPA. Beware, the path to becoming a tax specialist is not very supervised and has several paths. What type of tax specialist are you dealing with? Tax notary? Lawyer specialist? The profession of tax specialist is less well defined than the other titles. Nevertheless, they can most certainly claim to be experts in business valuation. Also part of an order, which means that they too are the only ones who can do certain acts reserved.
