South Dakota Business Valuation

5.0from 80+ client reviews

Business valuations in South Dakota 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 South Dakota, including Sioux Falls, Rapid City, and Aberdeen.

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

  • IRS
  • GASB
  • South Dakota Courts
  • U.S. Small Business Administration
  • Chase
  • First National Bank of Omaha
  • Bank of America

Credentialed Appraisers Serving South Dakota

Between them, our business valuation appraisers hold ASA, ABV, and CFA designations, and every report is written to USPAP for the IRS, South Dakota 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 South Dakota

AppraiseItNow provides professional business valuation appraisal services throughout South Dakota, supporting clients across a wide range of financial and legal needs. Whether you are navigating a merger or acquisition, planning a charitable donation of business interests, addressing gift tax obligations, or completing an IRA conversion, our credentialed appraisers deliver thorough, well-documented valuations that meet IRS and USPAP standards. South Dakota businesses span agriculture, manufacturing, tourism, and technology, and each sector presents unique valuation considerations that our appraisers are equipped to address. Our South Dakota appraisal services cover the full spectrum of business types and ownership structures across the state.

Our business valuation appraisals are available both remotely and onsite, giving South Dakota clients the flexibility to work with us regardless of their location, from Sioux Falls and Rapid City to rural communities across the state. We apply recognized valuation methodologies including the income approach, market approach, and asset-based approach, selecting the most appropriate method based on the entity type, purpose, and available financial data. We offer Fair Market Value (FMV) appraisals for various intended uses.

What Types of Business Valuation Do We Appraise in South Dakota?

AppraiseItNow appraises a broad range of business interests and entity types throughout South Dakota, including:

  • Privately held corporations and S-corporations
  • Limited liability companies (LLCs) and multi-member LLCs
  • Partnerships and limited partnerships
  • Sole proprietorships and professional practices
  • Agricultural operations and farm-based enterprises
  • Manufacturing and industrial businesses
  • Retail and service-based businesses
  • Fractional and minority ownership interests
  • Holding companies and family-owned businesses
  • Startup and early-stage companies

For more focused engagements, we also appraise specific components of business value such as intangible assets, goodwill, and customer relationships. When a valuation involves real property owned by the business, we coordinate with relevant data sources to ensure a complete and accurate picture of enterprise value. Our reports clearly define the value premise, whether going concern or liquidation, and the applicable level of value, such as marketable minority or controlling interest.

Who Does AppraiseItNow Serve in South Dakota?

AppraiseItNow serves business owners, attorneys, CPAs, financial advisors, estate planners, and individual investors throughout South Dakota who need credentialed, defensible business valuations for donations, M&A transactions, gift tax filings, IRA conversions, and other financial or legal purposes. Whether you represent a family-owned agricultural operation in the eastern part of the state or a technology firm in Sioux Falls, our appraisers are ready to deliver accurate, well-supported valuations tailored to your specific needs.

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 South Dakota Business Valuations

What does the IRS expect in a valuation supporting a South Dakota estate or gift filing?

Documented consideration of the asset-based, market, and income approaches, plus analysis of the company's history, industry outlook, financial condition, earning capacity, and prior or comparable transactions. IRS Business Valuation Guidelines require the appraiser's workpapers to support the conclusion if examined, which is why a one-page number without analysis invites adjustment.

Can a revenue multiple from a trade publication price a South Dakota company?

No. Professional standards limit rules of thumb to reasonableness checks because they ignore earnings quality, growth prospects, asset mix, and company-specific risk. A defensible conclusion comes from the company's actual financial statements and market evidence from comparable transactions, reconciled across the applicable valuation approaches.

Which standards of value apply to South Dakota business appraisals?

No, and picking the wrong one is a costly error. Fair market value assumes a hypothetical willing buyer and seller, investment value reflects worth to a specific buyer including synergies, and intrinsic value reflects fundamental analysis. An estate or gift filing legally requires fair market value, so using synergy-driven investment value there can materially misstate the result.

Is sales tax charged on appraisal reports in South Dakota?

Yes, when the report is received in South Dakota. State guidance treats appraisal fees as taxable based on where the client takes delivery, so reports delivered in-state bear South Dakota sales tax, while reports sent out of state do not, though the receiving state's use tax may apply. It is a small line item, but a distinctly South Dakota one.