Business valuations have garnered the reputation of being primarily for large corporations looking to sell, mergers and acquisitions, or for start-ups seeking funding. The process of ascertaining the economic value of an organization is complex and often complicated, which can deter small business owners from taking it into consideration at….
Tag: Valuation Advisory Services
From asset values to income values and from market competition to knowing your company’s worth, getting a business valuation is beneficial for a wide variety of reasons. Business owners often get caught up in the day-to-day of running their company and neglect to look at their organization from a different….
Statistics say that 80 percent of New Year’s resolutions fail by mid-February. Sure, personal goals can often be the most challenging of any objectives. But what about in the business world? Does the act of creating New Year’s objectives apply to companies? If you’re like the majority of business owners,….
Sitting down in a classroom and learning about business valuations is seemingly straightforward. Crunching the numbers on things like required rate of return and valuation ratios are relatively easy to ascertain. Understanding the intricacies and complexities associated with business valuations, however, is often misrepresented in school courses and textbooks. Even….
Introduction The question of how to objectively value personal goodwill in a marital dissolution proceeding is one frequently encountered by business appraisers and attorneys in the State of Florida. Personal goodwill is defined as the portion of a business’ value in excess of tangible net book value that depends upon….
Ellrich, Neal, Smith & Stohlman, P.A. opened our Miami office last summer and we are proud to announce that over the last year we have truly established ourselves in Florida’s most thriving city. Located in the heart of downtown Miami, our forensic accounting firm serves clientele from all walks of….
Ethical issues surround almost every aspect of accounting, forensic accounting, and valuation engagement. The American Institute of Certified Public Accountants (AICPA) plays a critical role in outlining the rule-making and standard-setting for which all CPAs must adhere to. In doing so, AICPA commits to serving the public interest through a….
Many people are surprised to learn the distinct and essential connection between a financially distressed business and a valuation expert. Filing for Chapter 11, otherwise known as reorganization bankruptcy, gives an insolvent company the opportunity to restructure while repaying creditors through a court-approved strategy for reorganization. With the ultimate goal….
Conducting a thorough valuation of a business or other enterprise is critical to successful results. All too often, business valuation “experts” use a simple rule-of-thumb formula to do so, but this can lead to critical errors and misinformation. As such, the process of conducting a valuation of a closely-held business….
Choosing the right accounting firm can make or break an organization. For small businesses, using accounting software like QuickBooks or Quicken may seem like the logical solution. However, as public and private companies expand, the need for the right accountant or accounting firm becomes indispensable. While every company’s needs are….