Business Valuation Update
- How to Review a Report’s Valuation Methodology
- Ideas for Solving Two Problems in the BV Profession
- How Do Your Firm’s Benefits Stack Up?
- Using Rule of Thumb Data to Uncover Cooked Books
For ABVs and ABV aspirants
A CPA's Guide to Valuing a Closely Held Business , Gary R. Trugman , American Institute of Certified Public Accountants, 2001. Available from Business Valuation Resources, 7412 S.W. Beaverton-Hillsd ...
The Z-value and other intricacies of special consulting firms
Understanding the Value in your A/E/P or Environmental Consulting Firm, A Video Conversation with Colvin Matheson, Zweig White & Associates, Inc.
New Sourcebook edition
This new edition is intended to be a reference companion for those in the business valuation profession.
There is more to FLP valuation than the discount from NAV
Comprehensive Guide for the Valuation of Family limited Partnerships, Bruce A. Johnson and Spencer J. Jefferies, Partnership Profiles, 2001. Available from Business Valuation Resources, 7412 ...
Third edition of Valuing a Business demonstrates rising level of business valuation professionalism
Reviewed by Jim Rigby The Financial Valuation Group, Los Angeles Dr. Pratt stated in the introduction to his 1993 second edition of Valuing Small Businesses and Professional Practices ...
Efforts to lock in value for buy-sell purposes often fail
Valuation Aspects of Shareholders’ Buy-Sell Agreements, Richard M. Wise, Business Valuation Review, March 2005, pp. 6-12.
And this makes three!
Reviewed by Carl A. Steffen, MBA, CPA/ABV, MS, CVA* The Market Approach to Valuing Businesses , Shannon P. Pratt . John Wiley & Sons, Inc., November 2000. Available from Business Valuatio ...
New book by Chris Mercer solves the puzzle of the Integrated Theory of Business Valuation
This hot-off-the press book authored by Chris Mercer is an extremely valuable addition to the valuation field and a must for every business valuation library.
Third edition of Valuing Small Businesses and Professional Practices now available from Business Valuation Resources
We are pleased to announce that the long-awaited third edition of Valuing Small Businesses and Professional Practices is finally available. We at Business Valuation Resources also appreciate those w ...
Estate of Noble case raises thorny questions about post-valuation date transactions, and “arm’s length” definition
When is Fair Market Value Determined? Estate of Noble, Z. Christopher Mercer, Valuation Strategies, May/June 2005, pp. 4-13.
New Canadian Law Guide Reveals Similar Challenges in BV Cases
Note: The following is an excerpt from Mr. Wise’s introduction to BVR’s Guide to Canadian Valuation Cases (2008 edition), by John Stockdale, Jr. For nearly a century, Canadian courts have been asked to decide on the value of businesses and business owner ...
Interactive Dow Jones provides a search engine with horsepower
The Wall Street Journal Interactive Edition claims to be the World Wide Web's leading source of business news. Whether or not that is the case, at $49 per year (or $29 if you are a Wall Street J ...
Handbook of Advanced Business Valuation now available; The first advanced business anthology to be published in a decade
Handbook of Advanced Business Valuation , Reilly, Robert F. and Robert P. Schweihs , editors, McGraw-Hill, August 1999. Available from Business Valuation Resources, 7412 S.W. Beaverton-Hillsdale H ...
In Divorce Cases, an Argument for ‘Fair Value’ Realism Over ‘Fair Market Value’ Abstractions
“A representation as to value that is painted in abstract colors and looks only to the past creates an unrealistic print,” according to this author, a frequent business valuation expert in Denver divorce cases, “whereas an expert who paints the canvas wit ...
What's new online at BVLibrary.com
BVLibrary is a website designed with the business valuation professional in mind. It offers instant access to the latest business valuation research ...
HealthCare Appraisers, Inc.’s 2009 ASC Valuation Survey
Within the healthcare industry, ambulatory surgery centers (ASCs) are some of the most common physician-owned entity types. Why? Most ancillary services such as imaging and radiation oncology are considered designated health services (DHS) under the Stark Law, also known as the physician self-referral act, which prohibits doctors from having a financial interest in an entity to which he or she refers unless the arrangement meets an applicable Stark exception. Ambulatory surgery is different in that ...
Business Valuation Resources launches version 1 of Pratt's Stats
Pratt’s Stats, the official database of the International Business Brokers Association, was released this past September by Business Valuation Resources, LLC. The following is a review of Pratt ...
New ‘Court Cases Method’ for DLOM Points Up a Conundrum
A new study analyzes court cases to determine a more legally defensible discount for lack of marketability (DLOM). But should business valuers look to court cases for “good” valuations?
DLOMs in N.Y. Fair Value Cases: Private Company Discounts Are Not Caused by Lack of Marketability
Are private companies worth less than public companies solely because they are not publicly traded or because of other identifiable factors (some of which would apply to various public companies as well)? A school of thought consisting of experienced and ...
Ghaidarov Offers a New Framework for DLOM
Ghaidarov, who has published papers related to option price models for estimating a discount for lack of marketability (DLOM), presents a new concept for illiquidity discounts.
The discount for lack of marketability:an examination of Dr. Bajaj's approach
During the past few months, I have been asked if our publication printed or intended to print a rebuttal to Dr. Bajaj's study on discounts for lack of marketability.
BV News and Trends January 2021
A monthly roundup of key developments of interest to business valuation experts.
FMV introduces detailed Restricted Stock Study
Discounts for lack of marketability are frequently the largest money issue in disputed valuation cases. The FMV study has researched the most data points for each transaction and thus can deliver the ...
Restricted stock discounts decline as result of 1-year holding period
This article addresses the changes in the marketplace for restricted securities that have occurred since 1990 and the impact that those changes have had on the overall level of discounts for lack of marketability for these securities.
Minority and Marketability Discounts Are at Court's Discretion
Shareholders were offered $20 per share in a squeeze-out merger, effective July 31, 1997.