You have now completed your review of the on damages by considering:
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The author’s credentials and qualifications;
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Any scope limitations in the report;
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The underlying assumptions;
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The natu...
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 ...
All business owners will one day – 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. Thankfully life insurance w...
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: . You may say that you are not ready to sell. That’s not relevant. Here are five reasons why building a sellable business should be your most important goal, reg...
As a seasoned business owner, it is common to enjoy an intuitive understanding of the importance of knowing about . 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 your work.
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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...
Many business owners understand the importance of knowing the value of their company. Unfortunately, many do not appreciate that an identifies the key risks facing the business that affect and determine an appropriate valuation multiple. The valuation of your business is integral to wealth management, tax/succession planning, a potential sale and dispute resolution. A thorough assessment is, therefore, required t...
When business owners are looking to know and understand how much their company is worth, they often overlook small details that help to determine an accurate , such as adjustments to the valuation multiple. In our previous article, we outlined the basics of what a valuation multiple is and the factors associated with increasing or decreasing that value. Accurately referencing rules o...
The Growing Urgency for Business Valuation in the Modern Day Enterprise
has gained tremendous momentum in recent times and rightly so, given that it is a focal point for entrepreneurs who are preparing a good estate planning strategy. Most businessmen arrive at unrealistic figures of what their company is actually worth, leading to a conflict of interest between them and their shareholders, family successors, financial partners, potential buyers and tax assessors. Research sugg...
This is a common misconception and one that could not be further from the truth. But First, What is Business Valuation? Business valuation is not merely a popular concept in corporate finance but has gained significant real-world traction among business owners. An independent business valuation helps the owner understand the fair market value of the company and should be conducted for many different reasons. <...