Rankings Build Credibility By Dave Miles Benchmarking provides empirical evidence, the hard numbers needed to determine the company’s industry standing, strong, weak, average, as a factor in making decisions about ongoing cash flow and risk. The range of value between a weak company and a strong company in a marketplace is considerable. If you can […]
“IRS Data too stale?” I Say Absolutely Not True! by Dave Miles, CPA, CVA In the business of valuation, experts have to make tough choices about data. Consciously or not, these decisions are usually based on the core tenants of sufficiency and relevancy. I am dismayed to report that most folks think IRS Corporate Ratio […]
As an avid reader, I always have a pile of great books on my desk, eager for the next opportunity to soak up their wisdom. This is why I love Brian Johnson’s Philosophers Notes. Many years ago, I listened to the first one hundred notes (it took me a year!). These book summaries are 20-minute […]
I was treated to a very inspiring day at the 28th annual National Character and Leadership Symposium (NCLS), at the United States Air Force Academy in Colorado Springs. The event brings together distinguished scholars, military leaders, corporate executives, and world-class athletes who share inspiring stories with powerful messages to motivate and equip participants to live […]
The art of negotiation is something that has interested me my entire career. I have read several books and even attended the Karrass seminar on how to become a better negotiator. What I have come to learn is that most people don’t realize how much our lives rely on negotiation skills. Life is really a […]
With the holidays just around the corner, I find myself thinking about the book The Power of Half: One Family’s Decision to Stop Taking and Start Giving Back. A story that inspired me to think about what I really need to make my life feel full and how much is enough. We all work towards […]
Valuation software has been around a long time, ValuSource has been developing valuation software for 35 years! But there are still many valuators who use Excel to do valuations. Part of the reason some valuators still use Excel is that there are a number of misconceptions (“myths”) about using valuation software. We want to clear […]
We already have over 10,000 requests for trees (way ahead of last year!) and are looking for elves who want to help spread some Holiday cheer by becoming an elf this year. Check out www.thechristmastreeproject.org for details on how you can be an elf and help. Preparations are well under way for the 2021 Christmas […]
Greg Caruso is a JD, CPA and CVA. Each year he does between 75 and 80 business valuations using ValuSource valuation software. One third are for SBA loans, another third for exit planning and the balance is a mix, including gift and estate tax. Now as a respected business valuation expert, Greg has consulted and […]
We want to thank those who participated in our survey last month. While anecdotal in nature, let’s share the results. Question 1 We know that expressing a value of a business is both an art and a science. Because of the unique fact patterns surrounding all business, and because in real life, precision is not […]
