Spence Valuation Group

A Big Win

Tracey Harrop-Printz — Tue, 21 Feb 2012 16:07:08 +0000

We’ve had some big news for our client JRT Nurseries which operates a plant nursery out ofAbbotsford,BCandLynden,WA. JRT was just awarded $35million after a five-week jury trial held in the State ofOregon. JRT Nurseries commenced an action against Sun Gro … Continue reading →

My Ex is Using Company Cash to Pay Personal Expenses

Tracey Harrop-Printz — Wed, 01 Feb 2012 19:36:03 +0000

One issue that tends to come up when preparing a business valuation for family law purposes is the use of company funds to pay personal expenses for one or both spouses. Although this sounds like it can be detrimental to … Continue reading →

Peak Season Endorsement – you bought it…but can you claim it?

Tracey Harrop-Printz — Tue, 10 Jan 2012 21:21:57 +0000

One of the insurance products available to business owners is a peak season endorsement – usually on inventory. The peak season endorsement allows for an automatic increase of the insured value as stated on the declaration page (e.g. 25% over … Continue reading →

Forensic vs. Valuation

Tracey Harrop-Printz — Wed, 28 Dec 2011 18:21:11 +0000

Occasionally during the course of preparing a business valuation we are told the financial statements provided may not be reliable…now what? The worst case scenario is that we have wasted our time and your money to produce something that may … Continue reading →

Is it a Good Time to Sell Your Business?

Tracey Harrop-Printz — Mon, 12 Dec 2011 17:39:16 +0000

There are many factors that determine the right time to sell a business. Certainly external economic factors come into play – the stage of the economic cycle, interest rates, alternative investment options, industry trends, etc. can impact the timing of … Continue reading →

OK – I need a valuation…now what?

Tracey Harrop-Printz — Fri, 25 Nov 2011 18:33:01 +0000

So, you have decided that you need a business valuation but don’t know what to do next. If you are like most people, you want to get an idea of the potential costs involved. Usually we like to get a … Continue reading →

Business Interruption Insurance – What Do You Mean I’m Underinsured?

Tracey Harrop-Printz — Fri, 11 Nov 2011 00:05:18 +0000

When dealing with business interruption insurance, one of the hardest things we sometimes have to do is inform a business owner that they are underinsured…usually after a particular incident has left them either temporarily or permanently shut down. Unfortunately, this … Continue reading →

Interesting Valuations

Tracey Harrop-Printz — Thu, 20 Oct 2011 21:27:13 +0000

One of the reasons we enjoy valuing businesses is the opportunity to see ‘behind the scenes’ of many different businesses operating across a variety of industries – including companies whose products or services we use. The history behind the conception … Continue reading →

Welcome To Our Blog

Tracey Harrop-Printz — Wed, 19 Oct 2011 22:52:44 +0000

Welcome to the Spence Valuation Group blog. As we venture into the world of blogging, we want to encourage you to read our blog and provide us with any comments and/or issues you would like us to address. Please reach … Continue reading →