Determine the purpose of the valuation,
date of value, and ownership interest being appraised.
2.
Obtain and review key elements of the
business which includes but is not limited to: Corporate Documents, Financial
Records, Market, Key Personnel, Key Customers, Industry Trends, and Comparable
Sales of Similar Companies.
3.
Determine value indications of the
business and owned non-operating assets using 3 categories of valuation
approaches: Asset, Market, and Income.
4.
Determine final opinion of value after
consideration of all information obtained, reviewed, and analyzed and
making appropriate allocations for goodwill and other intangibles the
business possesses.
