Michigan Business Valuation

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Business valuations in Michigan for donations, M&A, gift tax, and IRA conversion, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises small businesses, partnerships, corporations, professional practices, and franchises across Michigan, including Detroit, Grand Rapids, and Lansing.

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DEFENSIBLE, USPAP-COMPLIANT BUSINESS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, MICHIGAN COURTS, LENDERS, INSURERS, AND MORE.

  • IRS
  • GASB
  • Michigan Courts
  • U.S. Small Business Administration
  • Chase
  • Comerica Bank
  • Bank of America

Credentialed Appraisers Serving Michigan

Between them, our business valuation appraisers hold ASA, ABV, and CFA designations, and every report is written to USPAP for the IRS, Michigan courts, lenders, insurers, and more.

Joe Kattan

Joe Kattan

Owner & CEO

Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.

Justin Ramirez

Justin Ramirez

Business Valuation Expert & Appraiser

ASA, ABV, and CFA charterholder. Since 2016 Justin has valued businesses for estate and gift tax, purchase price allocations, fairness opinions, lending, and buy-sell agreements, across manufacturing, services, retail, and pre-revenue biotech.

Raymond Ghelardi

Raymond Ghelardi

Business Valuation Expert & Appraiser

Accredited Senior Appraiser with the American Society of Appraisers. Raymond values capital stock, business enterprises, stock options, and intangible assets.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • American Society of AppraisersAccredited Senior Appraiser
  • AICPAAccredited in Business Valuation
  • CFA InstituteChartered Financial Analyst
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

About Business Valuation Appraisals in Michigan

AppraiseItNow provides professional business valuation appraisal services throughout Michigan, supporting clients across a wide range of purposes including donations, mergers and acquisitions, gift tax compliance, and IRA conversions. Michigan's economy, anchored by automotive manufacturing in Detroit, technology and research in Ann Arbor, and agriculture across the western regions, creates consistent demand for credentialed, defensible business valuations that meet IRS scrutiny and satisfy legal, financial, and transactional requirements. Our appraisers hold recognized credentials such as ABV, CVA, ASA, and CBA designations, ensuring that every engagement meets Uniform Standards of Professional Appraisal Practice (USPAP) and applicable Michigan standards under Michigan Compiled Laws.

Whether your business is located in a major metro area or a smaller Michigan community, our appraisers are available for both remote and onsite engagements, adapting to the specific needs of each client and business type. We offer Fair Market Value (FMV) appraisals for various intended uses, including estate planning, shareholder disputes, tax compliance, succession planning, and financial reporting, producing thorough reports that typically span 30 to 100 or more pages and are benchmarked against local and national industry data.

What Types of Business Valuation Do We Appraise in Michigan?

AppraiseItNow appraises a broad range of business interests and entity types across Michigan's diverse economic sectors, from mid-market manufacturing firms to agricultural operations and emerging tech startups. Our valuation engagements cover:

  • Privately held corporations, including S-corps and C-corps
  • Limited liability companies (LLCs) and partnerships
  • Fractional and minority business interests
  • Holding companies with real estate and equipment assets
  • Automotive supply chain and manufacturing businesses
  • Agricultural operations and agribusiness entities
  • Technology startups and professional service firms
  • Family-owned businesses undergoing succession or sale
  • Businesses subject to ESOP transactions
  • Entities involved in mergers, acquisitions, or divestitures

For more specialized situations, we also appraise businesses involved in bankruptcy proceedings, probate matters, marital disputes, and commercial litigation, applying quality of earnings analysis and appropriate add-backs for owner perks where relevant. Our appraisers understand Michigan-specific factors such as customer concentration risk in auto and manufacturing sectors, which can significantly affect value floors under asset-based approaches.

Who Does AppraiseItNow Serve in Michigan?

AppraiseItNow serves a wide range of Michigan clients including business owners, attorneys, CPAs, financial advisors, estate executors, and institutional investors who require credentialed, court-ready business valuations for tax compliance, legal proceedings, or strategic transactions. Whether you are a mid-market company owner in Grand Rapids preparing for a sale or an estate attorney in Detroit navigating gift tax obligations, our appraisers deliver accurate, timely results tailored to your specific purpose and deadline.

What clients say we are known for

AppraiseItNow Reviews: “The report was quite thorough as well” and “The team was highly knowledgeable, helpful, and efficient”

  1. Being the appraiser they come back to“I highly recommend their appraisal services, especially for private companies” Steve R.Mentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runsMentioned in 34 reviews
  3. Showing the research and the comparables behind the number“Their work was quick, thorough” Jeff H.Mentioned in 29 reviews
  4. Delivering the finished report ahead of the deadlineMentioned in 21 reviews
  5. Taking on items other appraisers had already turned downMentioned in 14 reviews

Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.

  • Responsive, professional, first class deliverables -- especially considering that that the appraised assets are extremely complex financial assets with little by way of comps. The deliverable satisfied my accountants and advisers as being more than adequate to support the valuation needed to complete a conversion to a Roth IRA
    Dave T. ·

    Business Valuation Appraisal for IRA Conversion

  • Joe and Aron were extremely impressive - the entire process went very smoothly. They were always quick to respond to any questions I had and could not have been more helpful. They were aware of some tight time restrictions I had and made sure I received my reports in a timely fashion. I highly recommend them to anyone needing a valuation.
    William L. ·

    Business Valuation Appraisal for Charitable Donation

  • I used AppraiseItNow to examine a contribution to a foundation. Their work was quick, thorough, and easy to work with, as they’ve developed a simple system for uploading documents. I plan to use them again.
    Jeff H. ·

    Business Valuation Appraisal for Charitable Donation

  • The team was highly knowledgeable, helpful, and efficient. I highly recommend their appraisal services, especially for private companies.
    Steve R. ·

    Business Valuation Appraisal for IRA Conversion

  • I found them professional & responsive. The report was quite thorough as well.
    Daniel L. ·

    Business Valuation Appraisal for Charitable Donation

  • From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
    Chris S. ·

AppraiseItNow delivers written business valuations for gift and estate tax, IRA conversions, charitable donations, and buy/sell agreements

Given the USPAP-compliant nature of AppraiseItNow’s appraisal reports, we prepare our deliverables for major legal, tax, and financial reporting purposes for individual and commercial clients.

Popular uses of our appraisal reports include:‍

Transactions, Lending & Investment

Frequently Asked Questions on Michigan Business Valuations

How is a business valued in a Michigan divorce?

Under equitable distribution: Michigan divides marital assets, including business interests, fairly rather than strictly 50/50, and courts generally value property as of the trial or judgment date rather than the filing date. That makes a current, well-supported valuation more useful than one prepared at separation.

Does Michigan license business valuation professionals?

No. Michigan's appraiser licensing statute covers only real property, so business valuations are not subject to state licensure. What courts and the IRS look for instead is adherence to recognized professional standards and documented, defensible methodology.

Which approaches does a proper business valuation consider?

Income, market, and asset-based, per the standards used by the AICPA, ASA, NACVA, and the IRS. All three must at least be considered, and reviewers flag reports that fail to document why a rejected approach was set aside, so the analysis behind the number matters as much as the number.

Are minority discounts guaranteed in a Michigan buyout dispute?

No. Michigan courts have explicit discretion to apply or refuse minority and marketability discounts, and under the shareholder oppression statute, MCL 450.1489, a court-ordered purchase can be priced without them. Michigan appellate decisions have also endorsed going-concern value for professional practices in divorce, so the litigation context, not a formula, determines which adjustments survive.

What does a Michigan probate inventory require for a business interest?

Fair market value as of the date of death, listed within 91 days of the personal representative’s appointment under MCL 700.3706. For personal property, business interests and equipment included, Michigan’s inventory form PC 577 does not deduct liens from the reported values, so the inventory figure can differ from the owner’s net equity in the company.