The Center for
Financial, Legal & Tax Planning, Inc.
LIST OF INFORMATION
FOR A VALUATION ANALYSIS
AND/OR SUCCESSION PLAN
In order for us to
begin a valuation and/or succession plan for your organization, it is
imperative that you gather as much information as possible according to
the following list. We
recognize that some items may not pertain to your organization; simply
mark these items
(N/A).
Once you have
gathered everything and checked
the boxes that apply, send the information to us together with a
copy of this listing.
Background Data 1-6
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1.
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A statement
as to the objective and purpose of the valuation and/or
succession plan.
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2.
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A brief
description of the history of the company.
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3.
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A separate
sheet for each key person in the organization showing
experience, job description, and position of importance.
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4.
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A list of
stockholders and the number of shares each individual owns.
Include the manner in which shares were obtained (i.e., gift,
purchase, or inheritance).
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5.
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Copies of
any key documents involving stock certificates, such as buy/sell
agreements.
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6.
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Copies of
any previous valuation reports conducted within the past three
years.
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Financial Data 7-14
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7.
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A complete
set of three-years’ financial statements, with attachments,
including balance sheet, income statement and cash flow
statements.
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8.
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Intern
financial statement for last month end of current year.
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9.
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The most
current three years’ federal tax returns, along with any gift
tax returns.
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10.
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Totals from
the accounts receivable aging sheets, related to the most
current financial statement.
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11.
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A list of
employee loans and/or stockholder loans, either from the
business or to the business.
In addition, copies of any loan documents relating to the
debts.
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12.
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A list of
all of the equipment owned by the company (even if previously
written off) and the fair market replacement value of that
equipment. (You may use a depreciation list as a guide) A line
card or similar document identifying different manufacturing
firms and products represented.
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13.
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An analysis
of the past five years’ sales, identifying any unusual and/or
one-time sales out of the ordinary course of business.
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14.
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An analysis
of the past three years’ expenses, identifying the unusual
and/or non-recurring expenses.
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Supplemental Data 15-20
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15.
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The front
page of any company-owned life insurance policies on the lives
of any employees/officers/owners.
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16.
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A complete
list of all family related benefits from the past three years,
broken down by category.
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17.
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Copies of
any will or trust for the owners.
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18.
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Copies of
any succession or estate plans for the owners and current
personal financial statement
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19.
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Personal
Financial Statement for the owners
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20
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Copies of
Shareholder’s last year Federal 1040 Tax Return along with all
state returns filed.
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Operational Data
21-23
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21.
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A list of
the top ten key customers (those on a regular basis) of the
company.
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22.
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Copies of
any contracts with major suppliers.
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23.
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A list of
the top ten key competitors (those on a regular basis) of the
company.
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Market Data 24-27
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24.
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A current
copy of any industry reports in which the company has
participated with regard to industry statistics and averages,
such as a PAR report.
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25.
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Copies of
any local reports and/or publications, indicating business
conditions covering the company's market territory.
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26.
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Publications and/or reports referencing the market conditions of
the customer base of the company. For example, if you sell
to the construction industry, then new construction in your
market territories should be identified.
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27.
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Pictures
that you may have of your facilities and/or operations.
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Click here for a PDF version of this list.
See the following for more information on Valuation Reports:
