Reopen or Not? A Method for Analyzing a COVID-19-Shuttered Firm

Business Valuation UpdateVol. 26 No. 9
September 2020
David Shindel, CPA, CVA, MAFF
Amanda Sayn, CPA
valuation methods & approaches
calculation of value, discounted cash flow (DCF), industry analysis, cash flow projections, COVID-19


A case study of using external yardstick data to help a client decide whether to hang in there and reopen his business or stay closed for good. This is not a full-blown valuation engagement, but rather a very high-level analysis designed to provide management with an objective basis to help make critical decisions in today’s unpredictable environment.