Spence Valuation Group

Does the Low-Risk Tax Valuation Still Exist?

Tracey Harrop-Printz — Tue, 24 Apr 2012 21:34:59 +0000

In the spectrum of business valuations, traditional thought has held that valuations prepared for tax purposes are the lowest risk valuations. The tax practitioner need only ensure that the file is adequately ‘papered’ and that a price adjustment clause is … Continue reading →

How Can You Value a Business When it is Going Through Major Changes?

Tracey Harrop-Printz — Wed, 04 Apr 2012 16:14:53 +0000

Although one of the first things we ask for when preparing a business valuation is the company’s previous five years of financial statements, this isn’t the only information we rely on. The concept of business valuation is forward-looking. For stable … Continue reading →

I Want To Sell My Business…Now What Do I Do?

Tracey Harrop-Printz — Fri, 09 Mar 2012 16:33:36 +0000

There are several steps involved in selling a business and the process can be fairly lengthy (potentially as long as a year or more) depending upon the readiness of the business for sale, the number of potential buyers, the availability … Continue reading →

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 of Abbotsford, BC and Lynden, WA. JRT was just awarded $35 million after a five-week jury trial held in the State of Oregon. JRT … 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 →