Life insurance is designed to help protect a household from the financial hardships that may follow the untimely death of a primary wage earner. All in the FamilyFamily owned businesses account for 62% of total U.S. employment and are responsible for 78% of all new jobs. Yet only about 30% of them survive into the second…
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Lack of Marketability Discount Requires Empirical Support
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…
Driving the Value of a Business
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…