AICPA guidance cautions on cannabis valuations
The American Institute of CPAs details the risks and opportunities for CPAs working in the cannabis industry in the latest “FVS Eye on Fraud” report.
BVU News and Trends October 2019
A monthly roundup of key developments of interest to business valuation experts.
Valuation trends and issues in the information/media sector
Separately identifiable intangibles are making up a bigger portion of the purchase price allocations for the big deals in the media sector, though practices vary widely, reports Grant Thornton in their new ‘What’s Been Happening in Media M&A’ white paper.
WeWork: Translating a business into a story with numbers
A great example of taking a business model and turning it into a narrative with numbers (something that is critical for a good valuation report) is in a recent blog post by Dr. Aswath Damodaran (New York University Stern School of Business) on the unraveling of the WeWork IPO.
Paper examines value of live streaming for online retail
There is not a tremendous amount of study on the business value of live streaming in the digital economy, but a new paper on this has some interesting observations from the standpoint of online retail.
New economic report from ICAEW
The dour tone of the latest economic report from IAECW won’t surprise business valuers.
Let the (WACC) sunshine in …
Led by cost reductions at Chinese manufacturers, and assuming a 7% weighted average cost of capital, solar energy is now the cheapest power source—in England!
Global BVU News and Trends August 2019
Business valuation news from a global perspective.
BVU News and Trends August 2019
monthly roundup of key developments of interest to business valuation experts.
Questions to ask amid economic jitters
Whatever your feelings about the recent inverted yield curve or downbeat economic surveys, more business owners may be awake at night worrying about an oncoming recession.
The Due Diligence Imperative in the Era of Value-Based Reimbursement
With the emergence of value-based reimbursement, such as accountable care organizations (ACOs), clinically integrated networks (CINs), and bundled payment models, which rely on achieving the “Triple Aim” of healthcare at lower cost, U.S. hospitals and other service providers are increasingly looking to change how services are being delivered by seeking more collaborative relationships with physicians. The rise of these emerging healthcare organizations (EHOs) to address value-based reimbursement initiatives has led to a growing number of ...
ASC benchmarking study released
The median EBITDA margin for an ambulatory surgery center (ASC) is 20%, according to the “2019 ASC Benchmarking Survey” from HealthCare Appraisers Inc.
Companies cite mass shootings as a risk factor
Several public companies have cited mass shootings as potential risk factors in their financial reports, according to the Wall Street Journal.
Small biz optimistic despite financing angst
Even with almost half (49%) of small to midsize businesses claiming that the current business financing environment restricts growth opportunities, businesses appear to be confident about the future, with 68% of them expecting increases in revenue over the next year.
Global BVU News and Trends July 2019
Business valuation news from a global perspective.
BVU News and Trends July 2019
A monthly roundup of key developments of interest to business valuation experts.
Sources of deal data for insurance agencies
During a recent BVR webinar on insurance agency valuation, the audience asked Lucas Parris (Mercer Capital) about sources of deal transaction data.
New edition of cannabis market research guide
For business appraisers who are valuing firms in the cannabis industry, The State of Legal Marijuana Markets, 7th edition, is now available.
Recording available of ASA Energy Valuation Conference
Last month, BVR webcast the Energy Valuation Conference, which was presented by the Houston Chapter of the American Society of Appraisers (ASA).
Survey finds small biz market may have peaked
Seller’s market sentiment is down in all market segments except for businesses with $5 million to $50 million in enterprise value.
Industry Snapshot: Automobile Dealers
An at-a-glance overview and update on current trends, value drivers, and valuation approaches in the complex world of automobile dealerships.
Appraiser Shuns Public Data for Private Cost of Capital
One appraiser has done hundreds of valuations of small owner-operated firms by looking to private capital markets to estimate cost of capital. This eliminates the need to make all of the many assumptions and adjustments to convert data from actively traded stocks into proxies for private-company valuation.
BVU News and Trends May 2019
A monthly roundup of key developments of interest to business valuation experts.
New edition of ASC valuation survey released
Valuation multiples for controlling interests in ambulatory service centers (ASCs) are increasing, according to the “2019 ASC Valuation Survey” from HealthCare Appraisers Inc.
Global BV News: Valuation gap for financial planners in Australia
There is a wide gap between what buyers are prepared to pay for high-quality financial planning practices in Australia and those that are considered “conventional,” reports Radar Results, an M&A expert that specializes in the financial services sector.