You may understand some of the theory behind business valuation, but you probably don’t know the procedures involved in the analysis and preparation of a report. Clients and attorneys who understand how the valuation process works can anticipate their experts’ needs and appreciate why valuators need to ask so many questions and review so many documents….
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When Goodwill Takes Center Stage
According to the International Glossary of Business Valuation Terms, goodwill is: “That intangible asset arising as a result of name, reputation, customer loyalty, location, products, and similar factors not separately identified.” It is really all the aggregate value of a business that exceeds the value of identifiable tangible and intangible assets. So when a business is valued under either the…
Are Your Employees Afraid to Return to Work?
Many Americans clamored to be vaccinated earlier this year when vaccines first became available but doses were scarce. In some places today, however, there is more vaccine than people who want to be vaccinated. Federal officials have estimated that 70 to 85% of the population may need to be immune (through vaccine or contracting COVID) before…