Valuation Assessment - Creedy & Co.

An Opinion of Value Report (OVR) is

a process and set of procedures used to estimate the economic value of a business.
It may consider not only the financial factors relating to value but the market conditions that affect a specific industry and location, as well as current economic conditions that affect financing and growth.
Used for informational and planning purposes over the lifespan of the company and the individuals with ownership equity in the company.
Not a substitute for a thorough and comprehensive Full Business valuation.
It differs from a Full Business Valuation compiled by a Qualified Business Appraiser in that it
- Uses fewer methods for valuing a business
- Uses industry – specific norms
- Is less comprehensive,
- Is smaller in size, and
- Therefore, less expensive in nature.

Because of it’s low cost (updates as low as $1,000) it can be affordably updated periodically

Is an analytical analysis
- Compares the subject firm with like firms
- Recasts financial information into Generally Accepted Industry – Specific Format
- Enables owners and managers to quickly identify areas of focus for improvement
  - Identifies and develops meaningful Key Performance Indicators (KPI’s)
- Serves as the basis for planning and forecasting
Is best performed by experts in a given industry who can
- Identify areas for improvement
- Make recommendations
- Provide resources for implementation

Single Valuation / Assessment	$4,000
Each Additional Location	$500
Additional Tax Entities	$1,000

Additional Location:

It is not always necessary to break out and analyze individual branches and locations for the valuation / assessment. The additional location fee only applies when a separate valuation / assessment is required.
Additonal Tax Entities:

Like additional locations it is not always necessary to provide a separate valuation. This fee only applies when a separate analysis is required. Additional entities like cemeteries and businesses not directly involved in the primary business of funeral service will require separate analysis.