In today’s environment, it’s important for business owners to focus on the value of their company and what drives it. For asset-based businesses, such as real estate or securities holding companies, value drivers are fairly straightforward. Here’s a look at what drives value for operating businesses, such as retailers, manufacturers, professional service providers and construction firms. Eye…

The discount for lack of marketability is an often-contested valuation adjustment that requires a particularly detailed process. When calculating any valuation adjustment, an appraiser obviously can’t just pick a number out of a hat. He or she must consider the situation and the unique characteristics of the interest that’s being valued. No Random Numbers Business valuation…

During uncertain times, you may be concerned about the effects world events will have on your financial affairs. Of course, there are no absolute guarantees of protection, but shoring up your defenses and laying the groundwork for a comprehensive wealth-management plan can help. Here are eight steps you can take now to help strengthen your financial…