Expert Witness Business Valuations Perth
West Australian Business Brokers (WABB) provides independent expert witness business valuations, forensic accounting support and litigation advisory services throughout Perth and Western Australia.
Led by experienced business valuer and forensic accounting specialist Lee Goldstein, WABB assists solicitors, accountants, business owners and courts with detailed, well-reasoned and professionally prepared expert witness valuation reports.
Our expert witness valuation services are regularly utilised for:
- Family Court proceedings
- Commercial litigation
- Partnership and shareholder disputes
- Business interruption and economic loss claims
- Business restructuring matters
- Estate and probate disputes
- Intellectual property valuation matters
- Mediation and settlement negotiations
Experienced Expert Witness Business Valuer
The preparation of an expert witness business valuation requires more than simply applying valuation formulas. Courts require independent, objective and properly reasoned reports prepared by experienced professionals who understand valuation methodology, legal procedure and evidentiary requirements.
Lee Goldstein has been involved in business valuations, forensic accounting and business sales since 1986 and has provided valuation and expert witness services across a broad range of industries and dispute matters throughout Australia.
WABB provides concise, commercially practical and independent valuation reports designed to assist legal representatives, mediators and courts in understanding the true value of a business or business interest.
Business Valuation Methodologies
Business valuation is not an exact science. Different methodologies may apply depending upon the nature of the business, the purpose of the valuation and the circumstances surrounding the dispute.
The principal valuation approaches commonly utilised include:
Income Approach
The income approach focuses on the future economic benefits expected to be generated by the business. This method commonly assesses maintainable earnings, future cash flow and commercial risk to determine business value.
Market Approach
The market approach compares the subject business to similar businesses or transactions within the marketplace. This approach may utilise industry benchmarks, comparable sales evidence and transaction databases.
Asset Approach
The asset-based approach considers the fair market value of the business assets and liabilities and is often relevant where tangible asset values exceed trading goodwill.
Different industries and professional practices may require modified valuation methodologies depending upon the structure and characteristics of the enterprise.
Family Law Business Valuations
WABB regularly provides expert witness business valuations for Family Court and family law proceedings throughout Perth and Western Australia.
Family law business valuations often require consideration of:
- Maintainable earnings
- Commercial versus personal goodwill
- Value to owner methodology
- Related party transactions
- Add-backs and adjustments
- Industry risk factors
- Asset ownership structures
- Future maintainability of income
Many family law matters are conducted on a Single Expert Witness basis to reduce legal costs and minimise disputes between competing valuation experts.
Forensic Accounting and Litigation Support
WABB also provides forensic accounting and litigation support services in complex commercial disputes. Our forensic review capabilities include:
- Financial analysis and reconstruction
- Quantification of economic loss
- Review and critique of opposing expert reports
- Business interruption analysis
- Fraud and irregularity investigation
- Commercial dispute analysis
- Partnership and shareholder dispute support
We are experienced in preparing reports suitable for court proceedings, mediation conferences and commercial negotiations.
Professional Practice and Industry Expertise
WABB has experience valuing a broad range of businesses and professional practices including:
- Medical practices
- Dental practices
- Veterinary practices
- Law firms
- Manufacturing businesses
- Transport businesses
- Retail businesses
- Hospitality businesses
- Professional service firms
- Software and intellectual property assets
Our practical commercial experience assists in delivering valuation reports that are both technically sound and commercially realistic.
Why Choose WABB?
Business owners, legal practitioners and accountants choose WABB because of our:
- Independent and objective reporting
- Extensive valuation experience
- Strong commercial understanding
- Court and mediation experience
- Practical and concise reporting style
- Broad industry expertise
- Confidential and professional approach
We understand that litigation and dispute matters are often stressful and commercially sensitive. WABB works closely with professional advisers and clients to provide clear, defensible and practical valuation opinions.
Contact WABB – Expert Witness Business Valuations Perth
If you require an independent expert witness business valuation, forensic accounting review or litigation support service, contact West Australian Business Brokers for a confidential discussion.
Our experienced Perth business valuation and forensic accounting team provides professional expert witness services throughout Western Australia and nationally.
Related Services:
- Perth Business Valuation
- Family Law Business Valuations
- Forensic and Litigation Support
- Software and Intellectual Property Valuations
- Business Sales and Exit Planning