Specialization Is the Key to Appraisal Career Success
A recurring theme throughout the 2023 Beyond Valuation—Professional Development and Growth Conference was the advice to specialize. Here is a basic plan to follow to achieve specialization.
BV News and Trends August 2023
A monthly roundup of key developments of interest to business valuation experts.
Don’t get stung by a bad review of your valuation report
Shawn Hyde (Canyon Valuation) has been reviewing the reports of other valuation experts for years.
BV practice marketing budgets hold steady for 2023
Since most business valuation firms and practices are very busy, it’s not a great surprise that marketing budgets for 2023 are about the same as 2022 levels, according to the 2023 BVR Benchmarking Survey.
NACVA ‘blown away’ by ChatGPT
David Fein of ValuSource recently gave a demo of ChatGPT to Parnell Black, CEO of the National Association of Certified Valuators and Analysts (NACVA).
Congrats to the winner of a free BVR Pro subscription
Rob Leibfried, a shareholder in the business valuation practice at Honkamp, will receive a free one-year subscription to BVResearch Pro, BVR’s most comprehensive library of business valuation resources.
BV firms rank most effective marketing techniques
The one-on-one meeting with a prospect leads the pack of marketing techniques BV firms and practices find most effective.
Most BV firms don’t ask for client feedback
When he was mayor of New York City, Ed Koch would roam the streets asking passersby “How’m I doin’?”
Age-old idea still works for retaining good BV talent
What keeps you from jumping ship?
Early results from BVR’s Benchmarking Survey
Almost 200 business valuation firms and practices responded to the BVR Benchmarking Survey, which closed last week.
Valuers Are Now Spending More Time ‘on Everything’
A panel discussion during the Global Town Hall: State of the Global Markets and Their Effect on Business Valuation event talked about having to dig more into income statement line items, perform more sensitivity analyses, request multiple forecasts, change Excel models, and more.
A Good Example of a Powerful Visual for a Valuation Report
At the recent New York State Society of CPAs’ Business Valuation and Litigation Services Conference, Chris Mercer (Mercer Capital) gave a good example of an effective visual designed to convey a complex issue to a client or trier of fact.
Fair Value, Statutory Appraisals, Crypto, ESG, PE Deals, and More at the NYSSCPA BV Conference
As usual, the annual New York State Society of CPAs’ Business Valuation and Litigation Services Conference presented some very interesting and useful information. This article provides a recap of what was discussed.
BV News and Trends July 2023
A monthly roundup of key developments of interest to business valuation experts.
Deadline soon for BVR’s benchmarking survey
Our thanks to the over 170 business valuation firms and practices that have responded to the BVR Benchmarking Survey.
Survey reveals extent of staff shortages at BV firms
It’s not a surprise that the BV profession is suffering from staff shortages, but now we can quantify this phenomenon to some degree.
Value-based billing gains steam at BV firms
Value-based billing is becoming more prevalent at business valuation firms, according to preliminary results of BVR’s Benchmarking Survey.
BVR to Identify Top-Performing BV Firms and Practices
Since 2007, Business Valuation Resources has been surveying BV firms and practices, collecting the most comprehensive data on operations, financial metrics, compensation, staffing, marketing, billing, resources used, and more. BVR is launching the latest version of this survey—with a new twist.
BV News and Trends June 2023
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends June 2023
Business valuation news from a global perspective.
Last call! June 30 is the deadline for BVR’s benchmarking survey
This Friday, June 30, is the deadline to participate in BVR’s 15-year effort to help understand what makes a good BV practice a great one.
Borrowman gives BV recruiting insights on AICPA podcast
After over 25 years of recruiting talent exclusively in the business valuation profession, John Borrowman (Borrowman Baker LLC) revealed recent trends and what the profession can do to lure more young people into the fold.
Next week is the deadline for BVR’s benchmarking survey
June 30 is the deadline to participate in BVR’s 15-year effort to help understand what makes a good BV practice a great one.
Deadline looms for BVR’s benchmarking effort
June 30 is the deadline to participate in BVR’s 15-year effort to help understand what makes a good BV practice a great one.
Solid advice on BV career development
A common thread that wove its way through last week’s ASA conference on appraisal career development was the advice to specialize.