Quote With Care When Asked for Valuation

Ed Mendlowitz CPA The Practice Doctor Q and A12 issues that might not have been addressed.

By Ed Mendlowitz
The CPA Trendlines Practice Doctor

QUESTION: I was asked to do a quote on a business valuation for a startup that will be raising money on their second stage financing. How do I quote this?

ANSWER: This is a wide-reaching question and it is not possible to know initially what the client really needs. They could need a valuation, a business plan or a method of bringing in the investor.

Here are some of the many issues and variables: