You heard it here first: the silent spread of COVID-19
On June 27, 2020, an interesting article in the New York Times tells the story of how health officials dismissed the risk of symptomless transmission of the coronavirus.
Dietrich reveals the ‘real story’ of COVID-19 for valuation experts
Weary of the endless finger-pointing and back-and-forth between media “experts,” healthcare finance and valuation expert Mark Dietrich (Mark O. Dietrich CPA, PC) spent several hundred hours going directly to the source data in various scientific journals and fact-based websites to uncover the real story of COVID-19.
Reminder: Take our economics trivia quiz
In case you missed it last week, we have a short quiz for nonsubscribers of BVR’s Economic Outlook Update (EOU) to test your economic IQ.
Take our economics trivia quiz
In today’s environment, an understanding of the economy is more crucial than ever in valuations.
BVU News and Trends June 2020
A monthly roundup of key developments of interest to business valuation experts.
The CFNAI plunged to -16.74 in April
The Chicago Fed’s National Activity Index (CFNAI) came in at -16.74 in April, down from a revised -4.97 in March (see chart below).
SOS: Pepperdine Private Capital Markets Project needs funding
Some appraisers feel that using public market data when estimating the cost of capital for a private company requires too many assumptions and adjustments to convert data from actively traded stocks into proxies for private-company valuation.
Digging into COVID-19 is the key to understanding its impact on BV
Healthcare valuation expert Mark Dietrich (Mark O. Dietrich CPA, PC) has done over 100 hours of research digging into the “science” of COVID-19—its origin, how it spreads, protection methods, testing, and so on.
BVU News and Trends May 2020
A monthly roundup of key developments of interest to business valuation experts.
Fifty percent of high street retailers could fail by August, say Alvarez & Marsal
Business valuers have stood their corners against changes in valuation methods based on economic crises.
March EOU tracks beginning of tough financial times
The Leading Economic Index (LEI) decreased 6.7% in March, the largest monthly decline in the 60-year history of the index, according to the March 2020 Economic Outlook Update (EOU).
Adult Nightclubs: Company-Specific Risk at the Extreme
David Shindel (ShindelRock) and Rod Burkert (Burkert Valuation Advisors) pull back the curtains of adult clubs to reveal their operating characteristics, special risks, and valuation nuances that push the limits of company-specific risk.
Accounting Issues to Consider When Valuing Construction Firms
Commercial and residential construction contractors use special methods of accounting that, if misunderstood by valuation analysts, can significantly impact a conclusion of value. This is a discussion of the main accounting issues for these firms.
BVU News and Trends April 2020
A monthly roundup of key developments of interest to business valuation experts.
Cannabiz put to the test amid COVID-19
April 20 was supposed to be the once-a-year Black Friday for the legal cannabis market, but, instead, the industry is bracing for an economic blow from the coronavirus crisis.
Show must go on(line): ASA Energy Valuation Conference May 13
BVR is pleased to partner with the Houston Chapter of the American Society of Appraisers (ASA) to present the Energy Valuation Conference in Houston in an online-only format on May 13.
Appellate court ruling unfavorable to cannabiz
Section 280E of the tax code prohibits taking tax deductions for business expenses related to marijuana because of its status as a Schedule I controlled substance.
Built for BV: The New Platform for Guideline Public Company Comps
In March, BVR will launch a new guideline public company comps platform with Excel add-in. This new robust tool will help BV professionals maximize their guideline public company method work. Attend this webinar and learn how to streamline your guideline public company comparable searches and results by using this new platform. Using a structure similar to the DealStats platform, users will have the access to a wide range of beneficial features, which will be showcased ...
Update on U.S. Cannabis Valuations From PKF’s Practice Leader
Noam Hirschberger talks about the rapid growth and heavy regulations that have triggered a need for financial and advisory services, including valuation and tax planning, that will be critical to the ongoing success of firms in the cannabis industry.
Global BVU News and Trends March 2020
Business valuation news from a global perspective.
Risk levels of legal cannabis firms
Appraisals of legal marijuana firms continue to be challenging and risk is a major factor, say Ron Seigneur and Ryan Cram, who are both with Seigneur Gustafson LLP, a firm based in Colorado, one of the first states to legalize adult recreational marijuana.
Incorporating Industry Research Throughout the Engagement Process (Free Webinar)
In this presentation, the co-founder and CEO of Vertical IQ, Bobby Martin, will share how industry research can help you have more value-added discussions with the business owners you advise. By leveraging industry-specific content in the business valuation process, you will increase new client percentages and strengthen existing relationships. Learn best practices for using industry research to go beyond the basic requirements of business valuations.
Healthcare M&A activity in 4Q19, per Levin reports
Several recent reports from Irving Levin & Associates examined healthcare M&A activity in various sectors for the fourth quarter of 2019 versus the third quarter.
New report from PKF International on valuation concerns for the UK (and global) cannabis markets
Several estimates place the growing cannabis market at over £30 bn.
10 Special Risk Factors to Consider When Valuing a Dental Practice
Historically, dental practices have had a higher failure rate than the average business because of the special risks these entities face.