Market Method for Valuing Small Businesses and Advising Buyers and Sellers of Small Businesses are the two of the presentation topics for professional business valuators and financial advisors at an upcoming conference.
Greg Caruso, J.D., C.P.A.,C.V.A. will be presenting two morning continuing education courses at the New Jersey NACVA Conference on Wednesday, November 20, 2019 in Edison New Jersey (registration details below)
The first course, Market Method for Valuing Small Businesses, will cover the market method for use with small business valuation. Emphasis will be on selection of comparable set, evaluating comparables based on profitability, charting and graphs, use of statistics, reviewing cash flow, estimating the value and, finally, adjusting the value based on balance sheet matters as compared to estimated comparables.
This course is an Intermediate level and attendees will be able to:
- Identify SIC and NAICS codes and further useful sorts such as revenue and cash flow ranges in order to select valid market comparables
- Differentiate between when to use SDE and EBITDA as an cash flow measure
- List the strengths and weaknesses of the market method and how to adjust both the subject company data and the comparable date to reduce error
- Describe the differences between the way DealStats records asset sales and stock sale transactions
- Adjust the cash flow value found for variations in balance sheet assets and liabilities.
- Be able to estimate a business value using the market method
The morning’s second course, Advising Buyers and Sellers of Small Businesses, will review how CPA’s, CVA’s and other advisors can best work with clients who are preparing to buy or sell a business. Focus will be given to helping the client assess underlying needs and desires so they are prepared for the emotional strain of this type of life change. Listening skills, negotiation skills, how to work with brokers and other participants will be discussed.
The objectives of this Intermediate level course are to
- Identify issues and questions that lead to meaningful conversations about plan
- List the steps in an organized transaction
- Describe the elements to actively listen and engage with clients
- List requirements for an SBA loan to finance a business
8:00 a.m. to 4:30 p.m. (Continental breakfast,lunch and light refreshments served.)
Hilton Garden Inn – Edison
50 Raritan Center Parkway
Edison, New Jersey 08837
Earn up to 8 Hrs CPE
Greg Caruso is an expert who works throughout the Mid-Atlantic with business owners to create and realize business value through business valuation, succession planning, and private company M&A. He is licensed in Maryland as an Attorney, Certified Public Accountant and Certified Valuation Analyst.
Over the past 15 years successfully completed over 50 business merger or sale transactions
He has been an advisor on acquisitions, exit strategies, and valuations of over 250 firms.
He is Editor-In-Chief of “Around the Valuation World” the two most interesting hours in business valuation, a monthly webinar produced by the NACVA