Travis Harms, CFA, CPA/ABV, Senior Vice President of Mercer Capital, authored the article “Tips on Interviewing Valuation Firms” in Family Business Magazine’s May/June issue. A subscription to the publication is required to read the full article.
As family businesses mature, the reasons for developing a relationship with a valuation firm multiply. Whether you are establishing a valuation process for a shareholder redemption program, contemplating an ESOP or facilitating estate planning for family shareholders, a valuation is essential in promoting positive shareholder engagement. While you might feel comfortable selecting an attorney or CPA based on your prior experiences, many families have never hired a valuation firm before and, as a result, might not be sure how to select a valuation firm. In this article, Travis offers several questions you should ask when interviewing potential providers.
Travis is the leader of Mercer Capital’s Family Business Advisory Services Group. His practice focuses on providing financial education, valuation, and other strategic financial consulting to multi-generation family businesses. The Family Business Advisory Services Group helps family shareholders, boards, and management teams align their perspectives on the financial realities, needs, and opportunities of the business. Additionally, Travis is a regular contributor to Mercer Capital’s blog, Family Business Director, and authored the book The 12 Questions That Keep Family Business Directors Awake at Night.
For more information, contact Travis Harms at 901.322.9760 or harmst@mercercapital.com.
