Published: August, 2022
Of 23 million small businesses in the US, most are sole proprietorships. About 6 million with less than 50 employees.
“Main Street” businesses, generally with revenues of less than $2 Million.
Business types include a wide variety of manufacturing, distribution, and service business
“How much is this business interest worth?”
This question is not easily answered.
The answer depends on:
1) Economic factors (these can be local, regional, national, and international)
2) The premise and standard of the value selected
3) Appropriate valuation method applied
4) Interest being valued
Historically, the valuation of a closely held company was more of an art than a science; there was
some guidance provided by the IRS and minimal reporting standards.
For closely-held businesses, where the company stock or ownership interest is not traded on an open, public exchange, no quick and easy formula allows us to determine the value of the business interest. Just as each business is unique, the valuation process for each business will be unique also. There is a general process, however, that we can rely on to ensure completeness in our approach. This CPE course describes the steps that you as a client or an advisor should expect to see when engaging a valuation analyst to complete the valuation of a closely-held business.
This online CPE/CPD course will address the fundamentals necessary for an analyst to consider in undertaking Business Services for closely-held firms.
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Staff or Senior, Houlihan Valuation Advisors
Robert is a Principal with Houlihan Valuation Advisors, a national firm of valuation and capital consultants. Rob's professional background includes extensive work in business appraisal, marital and partnership dissolutions, estate planning, market studies, statistical analysis, and forensic accounting. He has testified as an expert in Federal and Indiana courts and has directed numerous studies of business value, economic damages and lost profits, and intellectual property matters for clients in a wide variety of companies. He authored the course “Valuing Intangibles” for the Institute of Business Appraisers, and contributed the chapter on Intangible Asset Appraisal Understanding Business Valuation, 3rd edition, is a co-author in the forthcoming valuing a Business, 6th edition, concerning real estate centered entities. Rob regularly teaches valuation methods and report writing techniques to appraisal, legal and accounting organizations, and is a Licensed or Certified Appraisal Instructor by the Real Estate Appraisal Boards in Indiana, Utah and Virginia.
frequent author and trainer, his most recent publications include articles in Business
Valuation Update, the Matrimonial Strategist (where he serves on the
Board of Editors), The Earnings Analyst, Indiana Lawyer, the Handbook
of Business Valuation, Fair$hare, The Personal Property Journal,
and as co-author of the book on Valuing Software Companies published by
Business Valuation Resources in October, 2005.
During the past twenty years Rob has addressed many international
conventions, including the Association for Systems Management, and the
business career includes technical systems work for Burroughs Corporation in
the 1960's and the U.S. Marine Corps in the early to mid-1970's. He served on the faculty of the Weatherhead
School of Management at
holds an undergraduate degree in Economics (Occidental), a Master's degree in
Labor and Industrial Relations (
1998 through 2000 Rob served as President of the Indiana Chapter of the
American Society of Appraisers, and was the Society's State Director during
2000 and 2001. He served as a Governor
Since 1986, HVA has been called upon to provide independent valuation expertise in thousands of transactions for clients in virtually every industry. At the foundation of the firm’s varied advisory services is a core understanding of how businesses are valued in the market and the ability to communicate that knowledge in a compelling, well-documented analysis.
Oct 19th, 2021
This was an outstanding webinar from an outstanding speaker. The speaker was also fortunately willing to answer our questions, but the webinar was closed abruptly - that was a shame!
Oct 18th, 2021
positive experience. knowledgeable speaker
Dec 25th, 2021
It was good experience. Very relevant
Nov 24th, 2021
love myCPE platform
Dec 24th, 2021