Egna of Teal Becker & Chiaramonte named as a Certified Business Appraiser

According to Teal, Becker and Chiaramonte, CPAs, P.C., Steven Egna, the company's director of business advisory services, has been recognized as a Certified Business Appraiser (CBA) by the Institute of Business Appraisers. Egna leads the firms growing business valuation practice. As valid business valuations become increasingly important for its clients financial well being, Teal, Becker & Chiaramonte has developed its valuation service to deliver certified business appraisals for small to medium sized businesses. Companies use a business appraisal to establish the value of their business for business planning, contracts, company dissolutions or legal actions. "It is important that valuations are developed with a clear understanding of the underlying business need and specific application." said Bob Kind, managing shareholder with Teal, Becker & Chiaramonte. "Steve's broad business background provides the business experience required to understand our client's valuation needs." Egna brings years of national and international business experience to the firm, having held senior management positions with General Electric, Citigroup and numerous professional service organizations. "Without an established valuation a company can face costly litigation and time-consuming negotiations at changes in control," said Egna. The firm provides business appraisals for buy/sell agreements, merger/acquisition transactions, or for a business or marital dissolution. A Teal Becker & Chiaramonte business appraisal provides detailed valuation reports that meet professional standards accepted by the courts and IRS.