Articles - Page 2

From the September/October 2017 issue of BCC Advisers Litigation & Valuation Report

Without site visits and management interviews, it can be difficult for a valuation professional to gather all of the information needed to fully understand a business’s operations. So, if a controlling owner refuses to give an expert access to its facilities and employees, the valuation report will likely list that fact as a limiting condition. Here’s a closer look at how these steps facilitate the valuation process.

From the May/June 2017 issue of BCC Advisers Litigation & Valuation Report

The discount for lack of marketability (DLOM) is often a contentious issue. Why? First, the DLOM can have a significant impact on the value of a business interest, reducing it by, say, 15%, 30% or more. Moreover, quantifying the appropriate discount for a specific business interest requires subjectivity and an in-depth understanding of key empirical studies. Here’s more on the art and science underlying the DLOM.

From the BCC "Baton" - Volume 13, Issue 2 - 2016

There are multiple issues that a business owner needs to consider when preparing for a sale of their business. One consideration that is often poorly understood is the cost of a failed deal – it can be enormous and overshadow any other deal costs incurred.

From the July/August 2018 issue of BCC Advisers Litigation & Valuation Report

How much control does a business owner have? And how readily can the business interest be converted to cash? Those are the main questions that need to be addressed when determining the level of value in a business valuation. That level may affect your expert’s analyses and techniques.

When thinking about selling their business, some business owners would like to sell to key employees, but frequently these employees don’t have the resources to finance such a large transaction. One alternative to explore is selling to an Employee Stock Ownership Plan, which accomplishes many of the same goals of a management buyout.