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A few weeks ago a friend of mine was telling me about a new exercise routine he had been following to help him lose weight and improve his overall health. It was visually apparent to me that he had achieved success with this new program. When he showed me his progression through weekly photos of himself, however, I immediately bought into his exercise routine as well as his commitment and motivation to its success. More recently, my brother sent me a current photo of himself and one from one mo...

All business owners will one day exit their business – voluntarily or involuntarily.  Insurance is a vital tool for ensuring you are prepared for an involuntary exit due to death or disability.

Two of our recent files at VSP involve a shareholder death.  Our valuation expertise was required in connection with a buyout of the surviving spouse’s equity interest.  Thankfull...

Are you on track to meet your business goals for 2013? What are your goals for 2014? How often do you actually write down your goals for the coming year? I find that business owners generally do have predetermined revenue and/or profit targets. While those are important, there is another goal that can have an even bigger payoff: building a sellable business. You may say that you are not ready to sell. That’s not relevant. Here are five reasons why building a sellable business should ...

top-benefits-of-a-professional-business-valuation

As a seasoned business owner, it is common to enjoy an intuitive understanding of the importance of knowing the value of your business. Essentially this constitutes knowing what and how much it is worth based on current market conditions and its industry position, set against the amount of work you have put into fostering its growth over the years and the available resources for continuing y...

10-steps-to-follow-when-reviewing-your-company-valuation-report

A is a document that is a product of Chartered Business Valuators’ (CBVs) independent and expert review of your company.CBVs can conduct a business valuation and prepare said report either part of a periodic process to ensure streamlined growth objectives; or when there is an immediate need for a valuation, such as a pending transaction, or in the face of legal disputes.

Benefits of Reviewing a Company Valuation...

the-importance-of-business-valuation-when-selling-your-business-in-the-gta

Valuation reports are a key part of any pending transaction concerning your business. When selling your business in the GTA, obtaining a professional, independent helps manage your expectations with respect to the business’ market value and how much it can be sold for. A valuation report also provides useful information for entering into negotiations with a potential purchaser. When done early enough, it can help you ident...

health-in-business-avoid-shareholder-disputes-with-a-company-valuation-report

As if business ownership is not complicated enough, adding multiple shareholders to the mix only complicates matters even more, as differing opinions, priorities, and visions can be the root of disagreement and conflict among shareholders. When relationships among these key persons break down, a company must have mechanisms in place for dealing with the dispute, or for , such as through an exit planning advisory service that ...

when-litigation-support-involves-estimating-revenues-and-costs

A key part of quantifying economic damages in commercial legal disputes is estimating the lost revenues and costs to determine whether a plaintiff claiming lost-profits damages due to another party’s alleged wrongdoing has, in fact, suffered a loss, and if so, its resulting amount. To determine the lost revenues and costs, that must factor into an assessment of lost profits, lawyers representing involved parties in Toron...