Tennessee Business Valuation

5.0from 80+ client reviews

Business valuations in Tennessee for donations, M&A, gift tax, and IRA conversion, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises small businesses, partnerships, corporations, franchises, and professional practices across Tennessee, including Nashville, Memphis, and Knoxville.

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

  • IRS
  • GASB
  • Tennessee Courts
  • U.S. Small Business Administration
  • Chase
  • First Horizon Bank
  • Bank of America

Credentialed Appraisers Serving Tennessee

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

Business valuation appraisals in Tennessee serve a wide range of financial, legal, and tax-related purposes for business owners, investors, and advisors across the state. Whether you need a valuation for charitable donations, mergers and acquisitions, gift tax compliance, or IRA conversions, AppraiseItNow connects you with credentialed appraisers who understand Tennessee's economic landscape and the federal standards that govern defensible business valuations. From small closely held companies in Nashville to manufacturing operations in Knoxville, our appraisers apply accepted methodologies including the income, market, and asset approaches to deliver accurate, well-supported conclusions.

Our Tennessee appraisal services are available both remotely and onsite, giving business owners flexibility regardless of their location or the complexity of their operations. For straightforward valuations, our streamlined online process allows clients to submit documentation and receive a completed report without an in-person visit, while more complex engagements can be handled with a direct site assessment. Our business appraisal specialists are experienced in working with IRS requirements, ensuring that every report meets the standards necessary for tax filings, legal proceedings, and transactional due diligence. We offer Fair Market Value (FMV) appraisals for various intended uses.

What Types of Business Valuation Do We Appraise in Tennessee?

AppraiseItNow appraises a broad range of business types and ownership interests throughout Tennessee, covering entities of all sizes and industries. Our appraisers are equipped to value the following:

  • Closely held corporations and S-corps
  • Limited liability companies (LLCs)
  • Partnerships and limited partnerships
  • Sole proprietorships and professional practices
  • Fractional and minority ownership interests
  • Family-owned businesses and family limited partnerships
  • Retail, restaurant, and hospitality businesses
  • Manufacturing and industrial operations
  • Healthcare practices and medical businesses
  • Technology companies and service-based businesses

For more specialized engagements, our appraisers also handle valuations involving intangible assets, goodwill, and intellectual property that contribute to overall business value. Tennessee's diverse economy, spanning logistics, healthcare, manufacturing, and entertainment, means that each valuation requires a tailored analysis of local market conditions, industry benchmarks, and the specific financial profile of the business being assessed.

Who Does AppraiseItNow Serve in Tennessee?

AppraiseItNow serves business owners, CPAs, attorneys, financial advisors, estate planners, and institutional clients throughout Tennessee who require credentialed, IRS-defensible business valuations for donations, M&A transactions, gift tax filings, IRA conversions, litigation support, and other critical financial purposes. Whether you are a small business owner in Memphis planning a succession or a corporate advisor in Nashville managing a complex acquisition, our appraisers are ready to deliver the accurate, well-documented valuations you need.

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 Tennessee Business Valuations

Does Tennessee still have an inheritance tax on business interests?

No. Tennessee phased out its inheritance tax effective January 1, 2016, and its separate estate tax is likewise gone, so a business interest passing at death faces only federal estate tax exposure where applicable. Valuations still matter for federal filings, income tax basis, buyouts among heirs, and probate accounting.

When is a company valued in a Tennessee divorce?

Generally as of the trial or final hearing date. Tennessee is an equitable distribution state, and its courts recognize the evidentiary hearing as the usual valuation point for marital assets including closely held businesses, though a court may choose a different date if values have materially changed. We prepare the valuation as of the date the case requires.

Must a Tennessee business valuation be done by a state-licensed appraiser?

No. Tennessee's appraiser licensing law, Title 62, Chapter 39, covers real property appraisers only; there is no state license for valuing business interests. Courts and the IRS instead look to the analyst's qualifications and adherence to recognized standards, such as USPAP's business appraisal standards and NACVA and ASA professional standards.

How does goodwill figure into a Tennessee company's value?

As a documented component, not an afterthought. IRS Business Valuation Guidelines list goodwill and other intangibles among the factors an appraiser must analyze alongside the company's history, financial condition, earning capacity, and comparable transactions. A conclusion that silently ignores intangible value, or asserts it without support, is the kind reviewers and opposing experts pull apart.