Cummings, Keegan & Co., P.L.L.P. Analysis

Prepare federal and state tax returns for family-owned businesses; Conduct financial audits for manufacturing firms; Provide exit planning for business owners transitioning ownership; Perform business valuations for succession or sale; Offer technology consulting for retail operations; Support non-profits with accounting and compliance needs

Cummings, Keegan & Co., P.L.L.P. holds the Accredited in Business Valuation (ABV) credential, which is awarded by the American Institute of Certified Public Accountants (AICPA). This certification indicates expertise in analyzing financial information and conducting business valuations.

Cummings, Keegan & Co., P.L.L.P. primarily serves the following industries for business valuation services:

1. Professional Services: This includes firms that provide specialized services such as legal, consulting, and accounting, where valuation is essential for mergers, acquisitions, or succession planning.

2. Retail and Trade: Businesses in this sector require valuations for inventory management, sales forecasting, and potential sale or acquisition of retail operations.

3. Real Estate: Valuation services are crucial for real estate firms to assess property values for sales, investments, and financing purposes.

4. Finance, Insurance, and Real Estate (FIRE): This industry encompasses financial institutions and insurance companies that need accurate valuations for compliance, investment analysis, and risk management.

5. Manufacturing: Valuations in this sector help assess the worth of manufacturing assets, including machinery and inventory, which is vital for operational efficiency and investment decisions.

Cummings, Keegan & Co., P.L.L.P. offers several types of business valuation services, including:

1. Asset-Based Valuation: This approach focuses on the value of a company's assets. It calculates the fair market value of total assets after deducting liabilities. This method is particularly useful for businesses with significant tangible assets, as it provides a clear picture of what the company owns and owes.

2. Income-Based Valuation: This method estimates the value of a business based on its expected future income. Valuators assess how much annual, ongoing economic benefit the business can reasonably expect to produce in the future, taking into account risks, timing of benefits, and expected growth. This approach is often used for businesses with strong earnings potential.

3. Market-Based Valuation: Also known as comparable analysis, this method involves comparing the financial metrics and market prices of similar businesses to determine value. It is based on the principle that the price of an asset in a competitive market is the best indicator of its fair value. This approach is useful for businesses that operate in well-defined markets with comparable entities.

Member of CPAmerica International; Serves family-owned and managed businesses; Offers personalized advisory services; Provides exit planning and business valuations; Extensive experience with privately-held enterprises; 11-50 employees; Founded in 1956; HQ in St. Louis Park, MN, US

Cummings, Keegan & Co., P.L.L.P. offers several types of business valuation services, including:

1. Asset-Based Valuation: This approach focuses on the value of a company's assets. It calculates the fair market value of total assets after deducting liabilities. This method is particularly useful for businesses with significant tangible assets, as it provides a clear picture of what the company owns and owes.

2. Income-Based Valuation: This method estimates the value of a business based on its expected future income. Valuators assess how much annual, ongoing economic benefit the business can reasonably expect to produce in the future, taking into account risks, timing of benefits, and expected growth. This approach is often used for businesses with strong earnings potential.

3. Market-Based Valuation: Also known as comparable analysis, this method involves comparing the financial metrics and market prices of similar businesses to determine value. It is based on the principle that the price of an asset in a competitive market is the best indicator of its fair value. This approach is useful for businesses that operate in well-defined markets with comparable entities.