Early in his career, Ted Williams struck out. Furiously cursing, he returned to the dugout. A teammate asked what pitch got him. Williams said it was a curveball. His teammate then asked “What do you think he’ll throw you next time?” Williams paused … he had never thought about pitching to Ted Williams … and [...]
Most transactions involving sales of entire businesses (100% ownership interests) are set up as asset sales. In an asset sale, the seller retains ownership of his or her business, but transfers specific assets and liabilities – both those recorded on the financial statements / tax returns and those that are not. Asset sales allow buyers [...]
A company (let’s call it … the “Company”!) owns part of an affiliated entity (“Affiliate”!). Affiliate owns real estate used by and leased to Company. Company, by virtue of its part ownership of Affiliate, pays rent to Affiliate and also earns its ownership share of Affiliate net income. (I have TRIED to explain this as [...]
We are valuing a control interest in a business that pays the control owner a salary. The salary is legitimate, because the control shareholder manages the business, but the company pays her at a quantified above-fair market rate.
How would you handle the valuation of the control interest? (This is only with respect to the excess [...]
NACVA and the IBA’s 2009 Annual Consultants’ Conference on CD
If you were unable to make it to NACVA and the IBA’s 2009 Annual Consultants’ Conference in Boston May 27–30, here’s an opportunity to play “catch up.” We can’t offer you the opportunity to enjoy the networking with colleagues, but you can now own the presentations [...]
Business Appraisal Review Accreditation
Workshop (1044) held in Chicago, IL on September 22-25, 2009
A Senior Designation for CBAs, CFAs, CVAs, AVAs, ABVs, and ASAs
Business appraisal review is a critical component of every business appraiser’s practice. No firm can risk being caught unaware of quality assurance problems. Customer demands, potential penalties and sanctions, and loss of business are [...]
Economic Damages Litigation support Managing Director
National business valuation consulting, economic analysis, and financial advisory firm seeks economic damages and litigation support analysts at the managing director level.
Our practice includes consulting expert and testifying expert services in commercial litigation matters related to breach of contract, antitrust, bankruptcy, intellectual property infringement, fraud, tortious interference with business, dissenting [...]
