We provide valuations of various small business operation types.  Assignments accepted include mostly "main street" type companies of $10 million or less in annual revenue.  Industries covered include.

Manufacturing
Companies
 

Service
Companies
 

Construction
Companies
 

Professional
Practices
 

Hospitality
Operations
 

Due to our experience and qualifications in other areas of the commercial & industrial appraisal profession (tangible assets), we are able to handle assignments involving going concerns that own and/or control major holdings of tangible assets.  Unlike assignments involving other business appraisers, it is not necessary to spend additional time and money on hiring outside appraisers to value the tangible assets held on the subject business's balance sheet.

Business valuations are ordered for a number of reasons. Some of these situations may include.

Client Confidentiality
Clients are always concerned with the confidentiality of their records and assignment results. As accredited  appraisers and members of various professional organizations, we are bound by the confidentiality clause of the Uniform Standards of Professional Appraisal Practice (USPAP).  USPAP requires that we maintain the confidentiality of all conversations, documents provided to us and the contents of our reports subject to legal or administrative processes or proceedings.

Qualifications of Principal
The principal of Schreiner Valuation Resources is Bill Schreiner.  In addition to assignments he undertakes directly, Mr. Schreiner also markets services and manages engagements performed by various associates.  A brief listing of his qualifications are noted below.  A more detailed CV is available upon request.

Bill Schreiner

●  BCBA Board Certified Business Appraiser Designation from the National Society of Appraiser Specialists.
●  Business valuation courses taken through the National Association of Certified Valuation Analysts and

●  CAGA Certified Member Designation in the personal property discipline from the Certified Appraisers Guild of America.

●  Machinery & equipment and personal property appraisal courses taken through the American Society of Appraisers and other nationally recognized organizations.

●  MSA Master Senior Appraiser Designation in the real property discipline from the National Association of Master Appraisers.
●  CCRA Certified Commercial Real Estate Appraiser Designation from the National Association of Real Estate Appraisers.

●  Certified General Appraiser License from the State of Indiana Professional Licensing Agency.

Valuation Methodology
Given our experience and knowledge in the two (2) other primary areas of commercial & industrial valuation (real estate and machinery & equipment), we are in a position to value businesses that own significant machinery, equipment and real estate without contracting additional practitioners.  This is an advantage over the majority of  our competition, in that most business appraisers come from a background that does not include experience or knowledge in the appraisal of hard tangible assets (real estate and/or machinery & equipment).

The majority of business enterprise appraisals are performed for the purpose of estimating the "Fair Market Value" of an identified interest (ranging from 100% control to some form of partial interest) in an on-going business entity (i.e. S Corp, C Corp, LLC, Partnership, Association or Sole Proprietorship).  On occasion, an assignment may call for estimating the "Liquidation Value" of an identified interest (typically 100% control) in a business entity due to an issue such as in-solvency or bankruptcy.

Typically, given the constraints of the data available in the marketplace, the value of the entire enterprise must first be estimated before addressing any partial interest calculations.  Although, is some situations, techniques do exist to value a partial equity interest directly.  However, these circumstances are not commonplace.  Normally the entity is valued, then the partial interest is analyzed.

There are three (3) generally accepted approaches to estimating value in a business enterprise appraisal engagement.  These are briefly described as follows.

Fees & Timing
Typical fees for assignments can range widely dependent upon the scope of the analysis and type of report agreed upon with the client.  An indication of the typical fee range is noted as follows.

● Businesses without real estate owned or significant machinery & equipment ($750 to $3,500).

● Businesses with real estate owned but no significant machinery & equipment ($1,500 to $5,000).

● Businesses with real estate owned and significant machinery & equipment ($2,000 to $10,000).

Timing for completion of assignments can range from a week to a month, dependent upon the size & complexity of the engagement.  We can provide a solid fee & timing quote with some basic information about the appraisal problem and business to be valued.