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Archive for August, 2010

August 31, 2010 Financial Advisors Urging Business Owners to Know the Value of Their Businesses

Because of the economic downturn, many business owners are reluctant to think about the value of their businesses. Fearful that their businesses have lost value, it’s the last thing they want to hear about. An article in Financial Advisor suggests that many business advisors are urging their clients who own businesses to have their businesses [...]

August 26, 2010 Partnership Dissolution

We’ve written about succession planning, buying a business, and selling a business, and the importance of securing an accurate business valuation or asset appraisal in all of these scenarios. But what should you do in a partnership situation if one partner wants to sell and the other doesn’t? In this scenario, things can get a [...]

August 24, 2010 Property Values in the Age of Foreclosures

In the old days, the real estate industry, at its heart, was very simple. Houses were built, houses were bought, houses were sold. When there was a greater demand than supply, more houses were built and the cycle continued. It was one of the country’s economic cornerstones. Today, with the economic recession still holding tight, [...]

August 19, 2010 The 7-Step Scope of Work for a Typical Machinery and Equipment Appraisal

As part of a typical machinery and equipment appraisal, the appraiser will outline the scope of work involved in an assignment. The USPAP (Uniform Standards of Professional Appraisal Practice) has put forth guidelines that machinery and equipment appraisers should include in the scope of work. The minimum standards for scope of work include the expectations [...]

August 17, 2010 How Does the Economy Affect Business Value?

In The New York Times’ blog, You’re the Boss, there was an interesting perspective on business valuation in today’s economy. The post was titled “Still Waiting for the Value of your Business to Recover?” and the blog author turned to a professional business broker for answers.  The article gives great news for buyers and less [...]

August 12, 2010 Four Methods to Determine a Property Value

Real estate appraisals are, of course, the best method of determining the value of a property. But did you know there are a few other methods that brokers and lenders will sometimes use to determine a value? Here are four of the most popular methods used: Broker Price Opinion (BPO). BPOs are used by lenders [...]

August 10, 2010 The Importance of Inventory Appraisals and Asset Verification Services for Businesses and Lenders

Businesses often need inventory appraisal and asset verification services to meet federal government requirements and the ever-changing regulations in their industries. They could also be looking to secure financing or investments, which would require the verification of their existing collateral. Additionally, investors and lenders, especially in a difficult economy, want to know where and how [...]

August 5, 2010 Strive to Be Unique and Improve Your Business’s Value

There was an interesting article in the Fort Worth Business Press today called “Strive to be unique; it’s where the real value is.” The article discusses business owners who, after having a business valuation performed, want to know how to increase the value of their business. The predictable answer is to work toward increasing bottom-line [...]

August 3, 2010 Hard Lessons Learned in Real Estate Appraisal

One of the recurring motifs of this blog has been the importance of using an experienced, licensed real estate appraiser with an established reputation and a good standing within the industry. The reasons are, for the most part, obvious. You’re more likely to get a fair and accurate appraisal of your home. You’ll have a [...]