{"id":1113,"date":"2016-02-19T21:51:52","date_gmt":"2016-02-19T21:51:52","guid":{"rendered":"http:\/\/celebrated-metal.flywheelsites.com\/?page_id=1113"},"modified":"2017-10-11T18:09:36","modified_gmt":"2017-10-11T18:09:36","slug":"faq","status":"publish","type":"page","link":"https:\/\/analyticbusinessappraisers.com\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"background-color: #ffffff;background-position: left top;background-repeat: no-repeat;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom: 0px;margin-top: 0px;border-width: 0px 0px 0px 0px;border-color:#eae9e9;border-style:solid;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"margin-top:0px;margin-bottom:20px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\" style=\"background-position:left top;background-repeat:no-repeat;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;padding: 0px 0px 0px 0px;\"><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-bottom:30px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><style type=\"text\/css\"><\/style><div class=\"fusion-title title fusion-title-1 fusion-title-text fusion-title-size-two\" style=\"margin-top:0px;margin-right:0px;margin-bottom:31px;margin-left:0px;\"><h2 class=\"title-heading-left\" style=\"margin:0;\">FREQUENTLY ASKED QUESTIONS<\/h2><div class=\"title-sep-container\"><div class=\"title-sep sep-single sep-solid\" style=\"border-color:#e0dede;\"><\/div><\/div><\/div><style type=\"text\/css\">.fusion-accordian  #accordion-1113-1 .panel-title a .fa-fusion-box{ color: #ffffff;}.fusion-accordian  #accordion-1113-1 .panel-title a .fa-fusion-box:before{ font-size: 13px; width: 13px;}.fusion-accordian  #accordion-1113-1 .panel-title a{font-size:17px;}.fusion-accordian  #accordion-1113-1 .fa-fusion-box { background-color: #333333;border-color: #333333;}.fusion-accordian  #accordion-1113-1 .panel-title a:hover, #accordion-1113-1 .fusion-toggle-boxed-mode:hover .panel-title a { color: #003c5c;}.fusion-accordian  #accordion-1113-1 .panel-title .active .fa-fusion-box,.fusion-accordian  #accordion-1113-1 .panel-title a:hover .fa-fusion-box { background-color: #003c5c!important;border-color: #003c5c!important;}<\/style><div class=\"accordian fusion-accordian\"><div class=\"panel-group\" id=\"accordion-1113-1\"><div class=\"fusion-panel panel-default fusion-toggle-no-divider\"><div class=\"panel-heading\"><h4 class=\"panel-title toggle\"><a aria-expanded=\"false\" aria-controls=\"72a5433db8e47012f\" role=\"button\" data-toggle=\"collapse\" data-parent=\"#accordion-1113-1\" data-target=\"#72a5433db8e47012f\" href=\"#72a5433db8e47012f\"><span class=\"fusion-toggle-icon-wrapper\" aria-hidden=\"true\"><i class=\"fa-fusion-box\" aria-hidden=\"true\"><\/i><\/span><span class=\"fusion-toggle-heading\">What can I expect from Analytic Business Appraisers?<\/span><\/a><\/h4><\/div><div id=\"72a5433db8e47012f\" class=\"panel-collapse collapse \"><div class=\"panel-body toggle-content fusion-clearfix\"><span style=\"color: #000000;\">Thorough, detailed, defensible work. A certified business appraisal report that will withstand IRS scrutiny. Defensible data that other appraisers will support, and a report that can be used with confidence.<\/span><\/div><\/div><\/div><div class=\"fusion-panel panel-default fusion-toggle-no-divider\"><div class=\"panel-heading\"><h4 class=\"panel-title toggle\"><a aria-expanded=\"false\" aria-controls=\"0eea46c781d0eaac0\" role=\"button\" data-toggle=\"collapse\" data-parent=\"#accordion-1113-1\" data-target=\"#0eea46c781d0eaac0\" href=\"#0eea46c781d0eaac0\"><span class=\"fusion-toggle-icon-wrapper\" aria-hidden=\"true\"><i class=\"fa-fusion-box\" aria-hidden=\"true\"><\/i><\/span><span class=\"fusion-toggle-heading\">How can I properly review and understand the qualifications of an appraiser?<\/span><\/a><\/h4><\/div><div id=\"0eea46c781d0eaac0\" class=\"panel-collapse collapse \"><div class=\"panel-body toggle-content fusion-clearfix\"><span style=\"color: #000000;\">A useful litmus test is to use the same criteria used by the SBA (Small Business Administration) to designate what it refers to as a \u201cqualified source.\u201d<\/span><\/p>\n<p><span style=\"color: #000000;\">This criterion identifies someone who regularly receives compensation for business valuations. The SBA identifies the four leading accreditations as ASA, CBA, CVA and ABV.<\/span><\/p>\n<p><span style=\"color: #000000;\">The SBA also suggests that the party retaining the appraiser should be sure that a distinction is drawn between the experience in valuing small business as opposed to large business, given the different issues involved and skills required. The appraiser\u2019s prospective client should also be confident that the appraiser has the resources, the professional contacts, and expertise at his disposal to create a thorough report.<\/span><\/div><\/div><\/div><div class=\"fusion-panel panel-default fusion-toggle-no-divider\"><div class=\"panel-heading\"><h4 class=\"panel-title toggle\"><a aria-expanded=\"false\" aria-controls=\"aa56ccb7f2621762b\" role=\"button\" data-toggle=\"collapse\" data-parent=\"#accordion-1113-1\" data-target=\"#aa56ccb7f2621762b\" href=\"#aa56ccb7f2621762b\"><span class=\"fusion-toggle-icon-wrapper\" aria-hidden=\"true\"><i class=\"fa-fusion-box\" aria-hidden=\"true\"><\/i><\/span><span class=\"fusion-toggle-heading\">What\u2019s the difference between appraisers?<\/span><\/a><\/h4><\/div><div id=\"aa56ccb7f2621762b\" class=\"panel-collapse collapse \"><div class=\"panel-body toggle-content fusion-clearfix\"><span style=\"color: #000000;\">Years ago, Sir Hugh Rigby, Surgeon to Great Britain\u2019s King George V was asked, \u201cWhat makes a great surgeon?\u201d Sir Hugh said, \u201cThere isn\u2019t much to choose between surgeons in manual dexterity. What distinguishes the great surgeon is that he knows more than other surgeons.\u201d The same holds true for appraisers. A benchmark for this knowledge is the number of professional accreditations earned by the appraiser.<\/span><\/div><\/div><\/div><div class=\"fusion-panel panel-default fusion-toggle-no-divider\"><div class=\"panel-heading\"><h4 class=\"panel-title toggle\"><a aria-expanded=\"false\" aria-controls=\"766f9d395f3b67199\" role=\"button\" data-toggle=\"collapse\" data-parent=\"#accordion-1113-1\" data-target=\"#766f9d395f3b67199\" href=\"#766f9d395f3b67199\"><span class=\"fusion-toggle-icon-wrapper\" aria-hidden=\"true\"><i class=\"fa-fusion-box\" aria-hidden=\"true\"><\/i><\/span><span class=\"fusion-toggle-heading\">Who does the appraiser actually work for?<\/span><\/a><\/h4><\/div><div id=\"766f9d395f3b67199\" class=\"panel-collapse collapse \"><div class=\"panel-body toggle-content fusion-clearfix\"><span style=\"color: #000000;\">While you have retained the appraiser\u2019s professional services, you are not entitled to expect the appraiser to advance your objectives or to support your position. The appraiser\u2019s allegiance is to objectivity and accuracy. Because of this, you can expect a professional appraiser to provide you with valuations that will be supported. This position of independence, which may be interpreted as detrimental at the outset of an engagement, means that the appraiser inevitably serves the client\u2019s best interest by producing a report that earns acceptance.<\/span><\/div><\/div><\/div><div class=\"fusion-panel panel-default fusion-toggle-no-divider\"><div class=\"panel-heading\"><h4 class=\"panel-title toggle\"><a aria-expanded=\"false\" aria-controls=\"e972ba6571b6bc15d\" role=\"button\" data-toggle=\"collapse\" data-parent=\"#accordion-1113-1\" data-target=\"#e972ba6571b6bc15d\" href=\"#e972ba6571b6bc15d\"><span class=\"fusion-toggle-icon-wrapper\" aria-hidden=\"true\"><i class=\"fa-fusion-box\" aria-hidden=\"true\"><\/i><\/span><span class=\"fusion-toggle-heading\">What information should a business valuation report include?<\/span><\/a><\/h4><\/div><div id=\"e972ba6571b6bc15d\" class=\"panel-collapse collapse \"><div class=\"panel-body toggle-content fusion-clearfix\"><span style=\"color: #000000;\">Essential information includes a summary of the company\u2019s history and operations. This information should be put in context with industry specific analysis and appropriate financial data pertaining to the market in which the business operates, along with regional and national economic analysis.<\/span><\/p>\n<p><span style=\"color: #000000;\">The appraiser should be sufficiently knowledgeable to be able to specifically identify the ways in which economic factors and market conditions impact the value of the business, and explain the methodology used to arrive at this determination.<\/span><\/p>\n<p><span style=\"color: #000000;\">In certain instances, such as SBA business appraisals, it may be appropriate for the appraiser to analyze the details of unique contractual terms and conditions. This could provide insight into the differences between an asset sale and a stock sale.<\/span><\/div><\/div><\/div><div class=\"fusion-panel panel-default fusion-toggle-no-divider\"><div class=\"panel-heading\"><h4 class=\"panel-title toggle\"><a aria-expanded=\"false\" aria-controls=\"6baf98c0487909b68\" role=\"button\" data-toggle=\"collapse\" data-parent=\"#accordion-1113-1\" data-target=\"#6baf98c0487909b68\" href=\"#6baf98c0487909b68\"><span class=\"fusion-toggle-icon-wrapper\" aria-hidden=\"true\"><i class=\"fa-fusion-box\" aria-hidden=\"true\"><\/i><\/span><span class=\"fusion-toggle-heading\">How do I make sure the appraiser creates a thorough report?<\/span><\/a><\/h4><\/div><div id=\"6baf98c0487909b68\" class=\"panel-collapse collapse \"><div class=\"panel-body toggle-content fusion-clearfix\"><span style=\"color: #000000;\">Before the appraiser is formally engaged, communicate your objectives so that the appraiser has the information needed to create a \u201cscope of work\u201d document. Along with the specific types of information, insight and analysis the report will offer, fees and deadlines are each memorialized as well.<\/span><\/div><\/div><\/div><div class=\"fusion-panel panel-default fusion-toggle-no-divider\"><div class=\"panel-heading\"><h4 class=\"panel-title toggle\"><a aria-expanded=\"false\" aria-controls=\"2436c69cd24bdfee6\" role=\"button\" data-toggle=\"collapse\" data-parent=\"#accordion-1113-1\" data-target=\"#2436c69cd24bdfee6\" href=\"#2436c69cd24bdfee6\"><span class=\"fusion-toggle-icon-wrapper\" aria-hidden=\"true\"><i class=\"fa-fusion-box\" aria-hidden=\"true\"><\/i><\/span><span class=\"fusion-toggle-heading\">How do I learn more about how you will handle the appraisal I need?<\/span><\/a><\/h4><\/div><div id=\"2436c69cd24bdfee6\" class=\"panel-collapse collapse \"><div class=\"panel-body toggle-content fusion-clearfix\"><a class=\"themeblvd-lightbox mfp-inline\" href=\"http:\/\/analyticbusinessappraisers.com\/faq\/#myPopup\">Send me an email<\/a>\u00a0<span style=\"color: #000000;\">or give me a call at\u00a0(480) 857-7449. I will listen to the type of valuation or appraisal project you are looking for, understand your objectives, and suggest the best steps for us to take to move forward.<\/span><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-bottom:30px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"100-width.php","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FAQ - Analytic Business Appraisers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/analyticbusinessappraisers.com\/faq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FAQ - 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