It’s no secret that the key to surviving in business is rising above the fray of competition each of your industry peers have long been engaged in. Doing so raises your company’s value, resulting in a premium business valuation that helps your business stand out and than any other member of its industry peer group, such as similar businesses in the GTA. With the help of a busines...
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 ...
Chartered Business Valuators (CBVs) are frequently retained as independent experts in commercial, shareholder or matrimonial disputes to prepare ; as well as review an opposing expert’s report. This independent and objective assistance is intended to help facilitate a settlement and/or assist a trier of fact render a decision in court. As a bu...
Whether it is a matter of moving towards other profitable ventures or simply cashing in your lifelong investment, successfully putting your business on the market in Toronto and leveraging it into a prime acquisition depends largely on its worth. Selling your business to an external third party begins with a which informs your next steps, such as further enhancing its value and creating an opportunity to sell for a significa...
Many larger companies are looking for ; acquiring smaller, but quickly growing businesses that present a tremendous potential for growth and profit when combined with a larger company’s array of assets. This is especially true these days with the rise of startups: quickly growing small business ventures, later on acquired by corporate giants for their promising value. Most company ...
The quality of a report is largely driven by the underlying assumptions made by the valuator - how reasonable or unreasonable those assumptions are will reflect the quality of the report. The valuator’s experience and professional judgment will affect his/her ability to make reasonable and supportable assumptions which directly affects the quality of the valuation conclusions.
What’s your New Year’s resolution - does it include mapping out the future of your business? As a business owner in Toronto, one of the most renowned and globally competitive markets, maintaining profitability and ensuring a stable financial future requires considering its outlook as 2017 ends and a new year filled with opportunities begins. It pays to be steps ahead of impending shifts in the market, which starts with...
Often, in legal proceedings involving business disputes in Toronto and across Ontario, key issues arise, such as financial loss or the value of a business - figures that can differ and be inherently arrived at differently, depending on the that prepared the report. As a result, court proceedings may call two financial experts to present different expert opinions, testifying on the value of the business in question, or the fi...
Disputes in businesses often result in legal proceedings in which a claim is made. These claims may vary depending on the nature of the complaint or the breach that necessitates them, but at their core are economic damage quantifications or lost profits that resulted from the dispute. In providing to business owners and lawyers, business valuators work to provide the party they are c...
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...