Aug 18, 2021 | Blog, The Valuation Report
Forward-looking valuation of small businesses has always been a challenge. Few comparable transactions exist, in-house financial information may be scant, and projections are complicated for owners—even in the best of times. The pandemic magnified these difficulties....
Aug 17, 2021 | Advisory, Blog, Closely Held Businesses, Cybersecurity, Manufacturing, Mergers and Acquisitions, Real Estate and Construction, SBA, Startup Business, The Valuation Report
Fraud negatively affects the value of your business. Potential buyers and investors are attracted to companies with strong anti-fraud programs aimed at both external attacks and employee fraud. Don’t let fraud stand in the way of a healthy post-pandemic recovery....
Apr 29, 2021 | Blog, The Valuation Report
For decades, valuation analysts have incorporated a “size premium” when calculating the cost of capital in their valuation engagements. A paper by Rolf Banz first documented the size effect in a 1981. Simply put, the theory asserts smaller companies have greater risks...
Apr 29, 2021 | Blog, The Valuation Report
While the pandemic has stymied many businesses, important valuation litigation has continued to make its way through the courts. The following provides an overview of a few cases of particular interest to the valuation community and the lessons we can learn from the...
Jan 27, 2021 | Blog, The Valuation Report
In most valuation disputes, each side hires its own valuation expert. Naturally, the two experts often disagree about the value of the assets in question. In court, the experts present their opinions, the attorneys argue the merits of each valuation, and the judge or...