With a thorough understanding of the fundamentals of appraisal ethics, principles and concepts, we work with the client to refine the parameters of the valuation assignment to ensure the result will be relevant.
By Jeff Compton and Michael Shapiro June 29, 2018 For professional practices and owner managed firms, an understanding of personal goodwill is vital to understanding the fair market value of the business. Specifically, with multiple owners, the existence of personal goodwill can cause the fair market value allocable to a given owner to be materially […]
Personal Goodwill and Firm Value Read More »
A business has a value equal to the expected future economic benefits to its owner, discounted to a present value. This concept has broad acceptance and appears in multiple economic, finance and valuation texts.
Lost Profit Versus Lost Business Value Read More »
When an intangible asset, usually a business ownership interest such as stock, is valued, the report will necessarily reflect the professional judgment of the appraiser. Evaluating the report will be facilitated by the application of rules or principles that are supplied by relevant professional standards.
Evaluating a Valuation Read More »
We use the term “goodwill” to identify the intangible but valuable asset of a business arising from its reputation and customer relationships.
Goodwill: Corporate or Personal? Read More »