Fitness Centers
This industry comprises establishments primarily engaged in operating fitness and recreational sports facilities featuring exercise and other active physical fitness conditioning or recreational sports activities, such as swimming, skating, or racquet sports.
Fiber Processing Manufacturing
This industry comprises establishments primarily engaged in one or more of the following: (1) spinning yarn; (2) manufacturing thread of any fiber; (3) texturizing, throwing, twisting, and winding purchased yarn or manmade fiber filaments; and (4) producing hemp yarn and further processing into rope or bags.
Harvesting Knowledge: The Valuation of Wineries
A winery is a unique business that is easy to understand but difficult to value. This presentation will dig into the anatomy of a transaction and how deals are priced and closed as well as the valuation of a winery for compliance purposes. These different scopes of work present different challenges that focus on a buildup of value and assets combined with a fundamental understanding and value of consolidated cash flows. We will present two ...
COLI valuation case now on SCOTUS’ calendar
March 27 is the date the U.S. Supreme Court will hear arguments in the Connelly case, according to the court’s calendar.
How BV firms are coping with remote workers
Early results from our latest “Two-Minute Practice Builder” survey reveal that the vast majority of BV firms are on a hybrid work arrangement, i.e., some staff in-office and some working remote.
Kroll examines the staffing industry
Here are a few insights on the North American staffing and human capital industry from Kroll.
A lot of musing going on
Some thought leaders in the business valuation profession are shaking things up with their musings.
New issue of ASA’s BV Review added to BVResearch Pro
Among many other resources, the BVResearch Pro platform contains the full archive of the Business Valuation Review going back to 1982.
Good deal of interest in new option-based DLOM calculator
We were happy to see the number of readers who were interested in trying out an online calculator for estimating a discount for lack of marketability (DLOM) we announced last issue.
Global BV News: Registration open for CBV Connect June 20-21
CBV Connect 2024, hosted by the CBV Institute, Canada’s valuation professional organization (VPO) and standard-setter, will be held at The Bonaventure in Montreal.
BV movers . . .
Derek Kearns, CPA, a partner at Philadelphia-based Centri Business Consulting LLC, has been named the firm’s SEC Financial Reporting Practice Leader.
CPE events
Harvesting Knowledge: The Valuation of Wineries (A BVR Workshop), March 21, 10:00 a.m.-1:40 p.m. PT/1:00 p.m.-4:40 p.m. ET. Featuring: Joseph Orlando (Exit Strategies Group) and Bradford MacLane (MacLane & Co.). CPE credits: 4.0.
What’s in the April 2024 issue of Business Valuation Update
Here’s what you’ll see.
Expert’s critique of opposing valuation gets excluded
In a Tennessee damages case, the defense engaged a valuation expert to do two things: (1) critique the valuation report of the opposing side; and (2) offer his own estimate of damages.
Rule 702: Changes? What Changes?
The new version of Rule 702 went into effect on Dec. 1, 2023. Now we have our first look at how the U.S. circuit courts (at least one of them) might look at the changed rule.
Medical Device Manufacturing
This industry comprises establishments primarily engaged in manufacturing navigational, measuring, electromedical, and control instruments. Examples of products made by these establishments are aeronautical instruments, appliance regulators and controls (except switches), laboratory analytical instruments, navigation and guidance systems, and physical properties testing equipment.
Medical Billing
This U.S. industry comprises establishments (except offices of CPAs) engaged in providing accounting services (except tax return preparation services only or payroll services only). These establishments may also provide tax return preparation or payroll services. Accountant (except CPA) offices, bookkeeper offices, and billing offices are included in this industry.
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, Beef and Poultry Processing
This industry comprises establishments primarily engaged in one or more of the following: (1) slaughtering animals; (2) preparing processed meats and meat byproducts; and (3) rendering and/or refining animal fat, bones, and meat scraps. This industry includes establishments primarily engaged in assembly cutting and packing of meats (i.e., boxed meats) from purchased carcasses.
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.
Meat and Meat Product Merchant Wholesalers
This industry comprises establishments primarily engaged in the merchant wholesale distribution of meats and meat products (except canned and packaged frozen) and/or lard.
McDonald's
This U.S. industry comprises establishments primarily engaged in providing food services (except snack and nonalcoholic beverage bars) where patrons generally order or select items and pay before eating. Food and drink may be consumed on premises, taken out, or delivered to the customer's location. Some establishments in this industry may provide these food services in combination with selling alcoholic beverages.
Mattress Manufacturing
This industry comprises establishments primarily engaged in manufacturing innerspring, box spring, and noninnerspring mattresses.
Mathnasium
This U.S. industry comprises establishments primarily engaged in offering preparation for standardized examinations and/or academic tutoring services.
Massage Heights
This U.S. industry comprises establishments primarily engaged in providing personal care services (except hair, nail, facial, nonpermanent makeup, or non-medical diet and weight reducing services).