INDEPENDENT BUSINESS VALUATION · CVA®-LED · NATIONWIDE

Business Valuation Advisors for High-Stakes Private-Company Decisions

Business Valuation Advisors provides independent, CVA-led private business valuations for tax and estate planning, litigation, ownership changes, acquisitions, SBA financing, 409A, ESOP, ROBS, and other high-stakes private-company decisions.


Prefer to Speak Directly? (703) 249-9184

Schedule a Confidential Consultation

Why Clients Choose Business Valuation Advisors

Independent Judgment, Financial Evidence & Documented Valuation Conclusions

A credible business valuation requires more than applying an industry multiple to reported earnings. The financial statements, economic characteristics of the business, ownership rights, market evidence, and purpose of the engagement all influence the valuation analysis.

Business Valuation Advisors combines professional valuation judgment with financial analysis and practical transaction experience. Our approach focuses on four analytical disciplines that help produce meaningful, independently supported valuation conclusions.

01

FINANCIAL ANALYSIS

Earnings Normalization & Financial Quality

Reported profits may not reflect the sustainable earnings available to a future owner. BVA evaluates owner compensation, discretionary expenses, nonrecurring items, operational requirements, and financial trends.

Why It Matters

A valuation should reflect supportable, maintainable economic performance rather than relying exclusively on seller-reported earnings or proposed add-backs.

02

MARKET & VALUATION EVIDENCE

Appropriate Methods & Market Support

We evaluate relevant income, market, and asset approaches based on the business and assignment. Analysis may incorporate transaction evidence, industry benchmarks, expected cash flows, capitalization rates, and company-specific risk.

Why It Matters

No single valuation multiple or method is universally appropriate. Market evidence and valuation assumptions must fit the subject company.

03

BUSINESS & OWNERSHIP ECONOMICS

Enterprise Value, Equity & Ownership Rights

The value of an operating business is not automatically the value of its shares or a particular ownership interest. BVA considers cash, debt, nonoperating assets, working capital, shareholder agreements, and relevant ownership characteristics.

Why It Matters

Valuing 100% of an enterprise and valuing a specific shareholder's interest may require different assumptions and additional analysis.

04

PROFESSIONAL REPORTING

Independent Conclusions & Clear Documentation

Each engagement is developed around the relevant standard of value, valuation date, intended purpose, available evidence, and reporting requirements. BVA documents significant assumptions, methods, findings, and limitations consistent with the agreed scope.

Why It Matters

Clients and their professional advisors should be able to understand the reasoning behind a valuation conclusion and the evidence on which it relies.

THE BVA VALUATION PRINCIPLE

 An Independent Valuation Should Explain Not Only What a Business Is Worth, but Why. 

Our objective is to provide a well-supported valuation conclusion grounded in financial evidence, appropriate valuation methodologies, and professional judgment. BVA does not predetermine conclusions to support a requested purchase price, financing outcome, tax result, or litigation position.

REVIEW OUR QUALIFICATIONS & WORK

Professional qualifications: Learn more about the valuation credentials, education, and transaction experience of BVA's founder.  View Joshua Himan's Credentials .

Client experiences & sample work: Review independent client feedback and representative valuation and financial-diligence reports.  Explore Reviews & Sample Reports .

Professional Credentials Across the BVA Team

A Clear, Efficient Business Valuation Process

Four Defined Stages — From Initial Consultation to Documented Valuation Findings

Every business valuation begins with understanding the company, the purpose of the assignment, and the interest being valued. BVA follows a structured engagement process designed to maintain professional independence, establish clear expectations, and focus the analysis on the financial evidence relevant to the client's needs.

From the initial consultation through report delivery, we explain what information is needed, how the valuation will be developed, and what the completed engagement will provide.

01

CONSULTATION & SCOPE

Understand the Business & Valuation Purpose

We discuss the business, valuation purpose, ownership interest, effective date, intended users, deadlines, and relevant circumstances. This establishes the appropriate assignment scope and reporting expectations.

CLIENT OUTCOME

Clear valuation objectives and recommended engagement scope.


02

ENGAGEMENT & INFORMATION

Formalize the Engagement & Review Financial Records

BVA provides an engagement letter outlining the agreed scope, fee, deliverables, and responsibilities. We then issue a focused information request and review relevant financial statements, tax returns, ownership records, and operating information.

CLIENT OUTCOME

Defined engagement terms and a tailored document request.


03

INDEPENDENT VALUATION ANALYSIS

Analyze Earnings, Market Evidence & Business Risk

We evaluate historical and expected financial performance, normalize earnings where appropriate, and apply relevant income, market, and asset-based valuation methods. Company-specific risks, capital structure, and ownership characteristics are considered before reconciling the indications of value.

CLIENT OUTCOME

Independent valuation analysis grounded in financial evidence.


04

REPORT DELIVERY & DISCUSSION

Deliver Documented Valuation Findings

BVA delivers the agreed valuation report or memorandum documenting the relevant methods, assumptions, supporting analysis, and conclusions. We review significant findings and remain available to address reasonable questions from the client and authorized professional advisors.

CLIENT OUTCOME

Documented deliverables and a clear explanation of the findings.

GETTING STARTED

 What Do You Need Before the Initial Consultation? 

You do not need a complete document package before contacting BVA. A few basic details are generally sufficient to begin discussing the appropriate valuation scope.

Business Overview

Industry, approximate size, operations, and ownership structure.

Valuation Purpose

Acquisition, tax, litigation, ownership transfer, financing, or planning.

Relevant Timing

Valuation date if known, intended users, and any important deadline.

BVA will identify the appropriate reporting format, document requirements, fee, and anticipated completion schedule after reviewing the assignment's scope.

Ready to Discuss Your Business Valuation?

Begin with a confidential discussion of your company, the valuation purpose, and the appropriate next steps.

 Schedule an Initial Valuation Consultation 

The process above is representative. Actual valuation procedures, applicable professional standards, information requirements, report formats, and timing depend on the specific assignment and agreed scope of work. A business valuation does not constitute an audit or assurance engagement unless separately agreed and performed under the applicable standards.

Business Valuation Services

Independent valuation and financial advisory services tailored to the purpose of the engagement—from tax and litigation matters to ownership changes, acquisitions, due diligence, and retirement-plan requirements.

Explore Private Business Valuation Services

Tax, Estate & Gift Valuation

Independent valuations for estate and gift tax, ownership transfers, succession planning, and other tax-sensitive transactions.

Learn More
Litigation, Disputes & Economic Damages

Independent valuation support for shareholder disputes, divorce, buy-sell matters, damages analysis, mediation, and litigation.

Learn More
Partner Buyout & Ownership Valuation

Valuation support for partner exits, shareholder redemptions, buy-sell agreements, ownership transfers, and related-party transactions.

Learn More
Acquisition, Sale & SBA Valuation

Valuation and financial analysis for business acquisitions, sales, SBA financing, purchase-price decisions, transaction planning, deal negotiations, and related transaction support.

Learn More
Quality of Earnings & Financial Due Diligence

Quality of earnings, EBITDA and SDE normalization, working capital, proof of cash, customer concentration, and transaction-focused financial diligence.

Learn More
ROBS & Retirement-Plan Valuation

Independent valuations for ROBS transactions, annual compliance, plan terminations, stock repurchases, and retirement-plan reporting requirements.

Learn More
Startup, Intangible & Financial Reporting Valuation

Independent valuations of startups, pre-revenue companies, intellectual property, goodwill, intangible assets, promissory notes, and other financial assets for reporting, transaction, tax, and planning purposes.

Learn More
409A & Stock Compensation Valuation

Independent valuations of private-company common stock for IRC §409A, stock-option strike prices, annual updates, material events, and complex equity structures.

Learn More
ESOP & Employee Ownership Valuation

Independent valuations of privately held employer stock for ESOP transactions, annual plan requirements, participant distributions, repurchase obligations, and employee-ownership matters.

Learn More
Machinery, Equipment & Asset Valuation

Independent valuation of machinery, equipment, vehicles, and other tangible assets, including fair market value, orderly liquidation value, and forced liquidation value for transactions, financing, litigation, tax, and planning purposes.

Learn More
Divorce Business Valuation & Equitable Distribution

Independent valuations of privately held businesses and professional practices for marital dissolution, equitable distribution, and disputed ownership interests, including owner compensation and personal goodwill.

Learn More

Representative Valuation & Advisory Work

Selected examples of the types of valuation and financial advisory engagements we perform. Client and company information is anonymized to protect confidentiality.

Estate & Gift Tax / Minority Interest Valuation

Estate & Gift Tax / Minority Interest Valuation

Long-form valuation involving tax planning, minority-interest considerations, financial normalization, and reconciliation of multiple valuation approaches.

Litigation & Ownership Dispute Valuation

Litigation & Ownership Dispute Valuation

Long-form valuation prepared for contested ownership, litigation, or dispute-resolution matters requiring clear assumptions, documented analysis, and defensible conclusions.

Transaction / Quality of Earnings Review

Transaction / Quality of Earnings Review

Transaction-focused analysis of earnings quality, EBITDA and SDE normalization, working capital, customer concentration, proof of cash, and acquisition risk.

ABOUT BUSINESS VALUATION ADVISORS

Independent Valuation Led by an Experienced Practitioner

Business Valuation Advisors, Inc. is led by Joshua Himan, a Certified Valuation Analyst (CVA®) with more than 15 years of experience evaluating privately held businesses, financial performance, and business transactions.

Joshua's perspective extends beyond traditional valuation theory. His experience as an investor, business operator, acquisition participant, and financial advisor provides firsthand insight into the opportunities and risks encountered by private-company owners and buyers.

PROFESSIONAL CREDENTIALS & EDUCATION

CVA® | BCA® | CMEA® | FMVA®

Joshua holds a Master of Science in Applied Economics from Johns Hopkins University and a Master of Science in Finance from The George Washington University.

PRACTICAL TRANSACTION PERSPECTIVE

Valuation Judgment Informed by Real Business Experience

BVA evaluates more than historical earnings and industry multiples. Our work considers management requirements, cash flow, working capital, capital expenditures, ownership rights, business risk, and the economic realities that influence private-company value.

BVA serves business owners, attorneys, CPAs, investors, and lenders nationwide. Each valuation is developed around its intended purpose, valuation date, applicable standard of value, and relevant financial evidence.

A Brief Introduction to Business Valuation Advisors

Hear directly from Josh Himan, CVA®, about the experience and perspective behind BVA.

Independent Business Valuation Support for Your Clients

Specialized Valuation & Financial Analysis for Professional Referrals

CPAs, attorneys, financial advisors, and lenders frequently encounter client matters requiring an independent business valuation, ownership-interest appraisal, Quality of Earnings analysis, or specialized financial assessment.

Business Valuation Advisors, Inc. provides credentialed, CVA®-led valuation expertise that complements the services of referring professionals. We work collaboratively with authorized advisors while maintaining independent analysis, clearly defined engagement responsibilities, and documented valuation findings.

PROFESSIONAL REFERRAL OPPORTUNITIES

Specialized Valuation Services for Your Clients

CPAs & Tax Professionals: Estate and gift tax valuations, ownership transfers, succession planning, and financial reporting.

Attorneys & Legal Counsel: Divorce valuation, shareholder disputes, partner buyouts, litigation, and economic damages.

Financial Advisors: Business-owner succession, pre-sale valuations, liquidity planning, and ownership transitions.

Lenders & M&A Advisors: SBA valuations, Quality of Earnings, Proof of Cash, working capital, and acquisition analysis.

WORK WITH BUSINESS VALUATION ADVISORS

Your Client Relationship Remains Central

BVA complements your professional services with independent valuation and financial analysis, not competing advisory relationships.

Our referral process establishes the appropriate engagement scope, intended users, confidentiality considerations, communication responsibilities, and reporting requirements before work begins.

 Business Valuation Referral Services for CPAs, Attorneys & Financial Advisors 

Preliminary discussions can begin with a general description of the potential assignment. Client-specific confidential information should be shared only with appropriate authorization. Valuation conclusions remain independent of referral relationships and desired transaction, tax, financing, or litigation outcomes.

What Real Clients Say About Working With BVA

Kyle Stimpson

Business Buyer / Entrepreneur Through Acquisition

“Josh is exceptional at what he does and provided the exact skills I needed for a potential business acquisition. Accountants might be able to review financials, but Josh knows exactly what to look for.”

Sarah Dinges

CPA / Tax Advisor

“Joshua was excellent to work with, extremely knowledgeable, and someone I will use again. He understands business valuation forwards and backwards and pointed out some nuances that previously used, certified valuation experts did not capture accurately in their work. Glad I found him!”

Jerry Lewis

Owner, Jerry Lewis Roofing, Inc.

“Josh is a true professional in the industry. We had him work on our business valuation and were pleased with his accuracy and response to our inquiries! Highly recommend!”

Frequently Asked Questions

Answers to common questions about business valuation scope, timing, information requirements, report types, and working with Business Valuation Advisors.

We typically request recent financial statements, tax returns, ownership information, operating history, and documents relevant to the purpose of the valuation. The exact request depends on the assignment.

Timing depends on the complexity of the company, the intended use of the valuation, and how quickly the requested information is provided. Expedited engagements may be available when appropriate.

The appropriate report depends on the purpose, intended users, applicable standard of value, and level of documentation required. We help determine the right scope before the engagement begins.

Yes. We regularly coordinate with CPAs, attorneys, lenders, financial advisors, trustees, and other professionals when appropriate to the assignment.

Yes. Our work includes tax and estate matters, litigation and ownership disputes, partner buyouts, acquisitions, quality of earnings, SBA-related transactions, ROBS valuations, and other private-company valuation needs.

Yes. We have experience across all 50 U.S. states and with international valuation assignments.

Need a Business Valuation? Let’s Discuss Your Assignment

Tell us what you need, your timing, and the purpose of the valuation. We’ll help determine the appropriate scope and next step.

Schedule a Confidential Consultation