Valuing small businesses in divorce and other contexts sometimes seem more trouble than they are worth, especially in the current economic climate. Limited client funds often support only a preliminary or calculation of value—but three recent cases in as many months show that nothing but a complete, comprehensive conclusion of value carry any credibility with the courts. (See, e.g., BVWire #100-3 and BVWire #101-1) Even if funds are available, discovery of the financial information necessary to produce a comprehensive valuation is often stymied by uncooperative owner-spouses and incomplete record-keeping. Data on comparable companies and transactions must also be checked against the effects of the recession.
To find out how to hurdle these problems and still make these engagements cost-effective, join Ron Seigneur (Seigneur Gustafson), Kevin Yeanoplos (Brueggeman and Johnson Yeanoplos), and Michelle Gallagher (Gallagher & Associates CPAs) for “Valuing a Business Worth Less than $2 Million.” This BVR webinar will feature an in-depth examination at the unique challenges inherent in small business valuations with special focus on how recent economic events have affected and will affect small business appraisals.
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