Miscellaneous Financial Investment Activities
This U.S. industry comprises establishments primarily engaged in acting as agents and/or brokers (except securities brokerages and commodity contracts brokerages) in buying or selling financial contracts and those providing financial investment services (except securities and commodity exchanges; portfolio management; investment advice; and trust, fiduciary, and custody services) on a fee or commission basis.
Miscellaneous Electrical and Components Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing industrial and commercial electric apparatus and other equipment (except lighting equipment, household appliances, transformers, motors, generators, switchgear, relays, industrial controls, batteries, communication and energy wire and cable, wiring devices, and carbon and graphite products). This industry includes power converters (i.e., AC to DC and DC to AC), power supplies, surge suppressors, and similar equipment for industrial-type and consumer-type equipment.
Understanding DealStats: What You Need to Know
Identifying comparable companies in a new platform can be daunting. Understanding how the data provider captures and reports information can compound this. This presentation provides attendees with the information they need to know about BVR’s DealStats platform, a valuable resource in an appraiser’s market approach. The presentation will include a background on the resource, including the data sources DealStats uses, how the data are reviewed and vetted, and what benefits the database can provide. Attendees ...
Metal Stamping and Forging
This industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing forgings from purchased metals; (2) manufacturing metal custom roll forming products; (3) manufacturing metal stamped and spun products (except automotive, cans, coins); and (4) manufacturing powder metallurgy products. Establishments making metal forgings, metal stampings, and metal spun products and further manufacturing (e.g., machining, assembling) a specific manufactured product are classified in the industry of the finished product. Metal forging, metal stamping, and metal spun products establishments may perform surface finishing operations, such as cleaning and deburring, on the products they manufacture.
Medical and Diagnostic Laboratories
This U.S. industry comprises establishments known as medical laboratories primarily engaged in providing analytic or diagnostic services, including body fluid analysis, generally to the medical profession or to the patient on referral from a health practitioner.
Meat Markets
This industry comprises establishments primarily engaged in retailing fresh, frozen, or cured meats and poultry. Delicatessen-type establishments primarily engaged in retailing fresh meat are included in this industry.
Management Consulting
This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations on administrative management issues, such as financial planning and budgeting, equity and asset management, records management, office planning, strategic and organizational planning, site selection, new business startup, and business process improvement. This industry also includes establishments of general management consultants that provide a full range of administrative; human resource; marketing; process, physical distribution, and logistics; or other management consulting services to clients.
Maid Services
This industry comprises establishments primarily engaged in cleaning building interiors, interiors of transportation equipment (e.g., aircraft, rail cars, ships), and/or windows.
Property Management Companies
This U.S. industry comprises establishments primarily engaged in managing residential real estate for others.
Plumbers
This industry comprises establishments primarily engaged in installing and servicing plumbing, heating, and air-conditioning equipment. Contractors in this industry may provide both parts and labor when performing work. The work performed may include new work, additions, alterations, maintenance, and repairs.
Plant and Flower Growing
This U.S. industry comprises establishments primarily engaged in growing and/or producing floriculture products (e.g., cut flowers and roses, cut cultivated greens, potted flowering and foliage plants, and flower seeds) under cover and in open fields.
Pharmacies and Drugstores
This industry comprises establishments generally known as pharmacies and drug retailers engaged in retailing prescription or nonprescription drugs and medicines.
Pawnshops
This U.S. industry comprises establishments primarily engaged in providing nondepository credit (except credit card issuing, sales financing, consumer lending, real estate credit, international trade financing, and secondary market financing). Examples of types of lending in this industry are: short-term inventory credit, agricultural lending (except real estate and sales financing) and consumer cash lending secured by personal property.
Oil and Gas Related Businesses
Industries in the Oil and Gas Extraction subsector operate and/or develop oil and gas field properties. Operation and development activities include exploration for crude petroleum and natural gas; drilling, completing, and equipping wells; operating separators, emulsion breakers, desilting equipment, and field gathering lines for crude petroleum and natural gas; and all other activities in the preparation of oil and gas up to the point of shipment from the producing property. This subsector includes the production of crude petroleum, the mining and extraction of oil from oil shale and oil sands, the production of natural gas, sulfur recovery from natural gas, and recovery of hydrocarbon liquids. Establishments in this subsector include those that operate oil and gas wells on their own account or for others on a contract or fee basis. Establishments primarily engaged in providing support services, on a contract or fee basis, required for the drilling or operation of oil ...
Hitchner warns of the perils of plagiarism
The explosion of AI tools and content over the internet opens a wider door to plagiarism, and, even though it may be unintentional, it’s still a serious problem for valuation analysts, writes Jim Hitchner (Valuation Products and Services) in the November issue of Hardball with Hitchner.
BV firm or practice revenue: Up from 2023?
That’s the topic of this month’s “Two-Minute Practice Builder” survey.
Need for third-party fund valuations expected to increase
During a recent media roundtable with Valuation Research Corp., senior managing director Chad Rucker talked about private-market secondary transactions, a hot topic and high-growth area.
Kroll report emphasizes the importance of streaming in sports
A recent report from Kroll examines the business of sports and, in particular, the success of the NFL, and emphasizes the importance of streaming.
Auburn University takes first place in BV Challenge
Student teams from 15 schools participated in the BV Challenge competition sponsored by Georgia State University.
Global: Winners of the 2024 BV Challenge in Canada
At about the same time the U.S. was holding the BV Challenge (see the news item in this issue), the CBV Institute held its own competition for undergraduate students from top business schools across Canada.
BV movers . . .
Bailey Butler, CPA, has joined the Memphis office of HHM CPAs as a supervisor in the Management Advisory Services (MAS) department, where she will focus on business valuations, forensics, and litigation support services.
CPE events
Understanding DealStats: What You Need to Know (FREE WEBINAR), December 11, 10:00 a.m.-11:15 a.m. PT/1:00 p.m.-2:15 p.m. ET. Featuring: Adam Manson (Business Valuation Resources) and Oday Merhi (Business Valuation Resources). CPE credits: 1.5.
AVW webcast features the Connelly case
Charles Persing (Bedersen LLP) appeared on the November edition of NACVA’s Around the Valuation World (AVW) webcast to discuss the Connelly case that came out this past June.
Business owner spouse stuck with agreed-upon valuation date
In a Pennsylvania divorce case, the wife was the 100% owner of a staffing business, but her husband ran it.
Nursing Homes/Skilled Nursing Facilities
This industry comprises establishments primarily engaged in providing inpatient nursing and rehabilitative services. The care is generally provided for an extended period of time to individuals requiring nursing care. These establishments have a permanent core staff of registered or licensed practical nurses who, along with other staff, provide nursing and continuous personal care services.