Software and Data User Newsletter

Newsletter May 2025

Welcome to the May 2025 ValuSource Newsletter

This month’s edition brings practical insights and tools to support your valuation work—from strategy and benchmarking to software and soft skills. We spotlight Steve Brunner, CPA, CVA, MAFF, CM&AA, whose 20+ year journey with ValuSource software showcases how scalable, defensible tools can shape a thriving valuation practice. You’ll also find guidance on benchmarking when a single NAICS code doesn’t quite fit, a powerful Word tip to speed up your reporting, and a book review on building meaningful professional connections.

Let’s dive in.

Customer Insights

Case Study: Defensible, Scalable, Strategic - How ValuSource Valuation Software Empowered Steve Brunner’s Valuation Practice for over 20 years. Steve Brunner, CPA, CVA, MAFF, CM&AA brings over 29 years of public accounting experience, with a concentration in business valuation, taxation, and M&A consulting. After years in senior roles at regional firms in Ohio and Kentucky, he founded his own practice, where Steve does 25-30 valuations per year comprising over 50% of his billable work.

In Case You Missed It - Professional Deep Dive

When a Single NAICS Code is Not Enough: Financial Statement Benchmarking Strategies for Multiple Industry Companies Valuation experts frequently encounter scenarios where a subject company doesn't fit neatly into a single North American Industry Classification System (NAICS) code. Instead, the business spans multiple industries, complicating the benchmarking and valuation process.

From David Fein's Desk

Little Black Book of Connections: 6.5 Assets for Networking Your Way to Rich Relationships By Jeffrey Gitomer, Review by David Fein Having good people and networking skills in one of the most crucial parts of forming successful personal and professional relationships. Learning how to do this isn’t easy, most people are not sure how or where to start since most of the books available cover networking from a very high level, but most don't get down into the weeds like Jeffrey Gitomer does in the Little Black Book of Connections.

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Automate Reports by Linking Word to Excel

Automates the Damages Calculations

“Most Probable Selling Price” Reports

Ballpark Valuation for Business Owners

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