Have you ever wondered if you could as is? You may think you have an attractive and valuable company but, would a potential purchaser agree? Are you ascribing value to sweat equity that a potential purchaser may not attribute value to? Are you even aware of what a potential purchaser would be willing to pay for your business today? To answer these questions, you must start thinking like a potential purchaser.
"2013 Business Over Breakfast - Planning ahead with the end in mind" Jason Kwiatkowski, CA, CBV, ASA, CEPA of Valuation Support Partners Ltd. co-delivered a breakfast seminar with Anthony Mazza, CIM, FCSI, F.PI. of ScotiaMcLeod on key issues surrounding pre-transaction planning and business valuation as they pertain to business owners.
Step 7 to critiquing an expert report on damages in a involves identifying the extent to which the damages period extends beyond the current date (or anticipated trial date) and assessing whether or not the expert reasonably present valued the future damages (e.g. lost profits) to the breach date or the trial date at an appropriate discount rate.
The discount rate used to present value fu...
Heading into a New Year is the perfect time to reflect upon the challenges and successes of the past year and set new goals for the coming year. Many business owners may be planning to in 2013. Perhaps some boomers have already delayed this event, for various reasons, and are hoping 2013 will be the year they begin the transition out of their business.
Step 6 to critiquing an on damages involves identifying and assessing the reasonableness of the period over which the expert has calculated damages. The damages period is often one of the major assumptions underlying a damages calculation which, if altered, can have a significant impact on the conclusions.
There may be situations where an expert h...
You have researched the author’s credentials, checked for scope limitations, identified the underlying assumptions and assessed the nature of the opinion being provided. Step 5 involves identifying and assessing the damages approach adopted by the .
"There are many ways to approach an analysis of a loss resulting from a particular set of facts. Part of the expert’s role is to identify all of these alternatives ...
Approximately $1.9 trillion in business assets (or 310,000 businesses) are poised to change hands over the next 5 years, increasing to $3.7 trillion (or 550,000 businesses) over the coming decade. This will be the control on record. [1]
What are the implications to business owners in Canada?
You have finished researching the author’s credentials, checking for scope limitations and identifying the major and minor assumptions underlying the conclusions.
The fourth step in reviewing an involves considering the actual conclusion itself and seeking to ascertain whether it reflects an expert opinion or merely calculations based on representa...
Recent studies show that 75% of boomers will within the next 10 years, 50% within 5 years.
"According to CIBC, an estimated $1.9 trillion in business assets are poised to change hands in five years — the biggest transfer of Canadian business control on record." [1]
The increasing supply of businesses for sale over this ...
The third and, in my view, most important step to critiquing an expert report involves identifying and assessing the reasonableness of the assumptions relied upon by the expert. The extent to which the underlying assumptions are not reasonable and/or not supported can significantly impact the reliability of the findings.
An expert report should identify the underlying assumptions. In...