by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations
In 1993, the Supreme Court positioned judges as “gatekeepers” against “junk science” in Daubert v. Merrell Pharmaceutical, Inc. (509 U.S, 579). Then, in 1999, Kumho Tire Company v. Carmichael (526 U.S. 137) extended the scope of Daubert beyond...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
The income approach is a common choice when appraisers are selecting appraisal techniques. Value is found with this technique by converting future economic benefits into their net present value. Long-term sustainable growth is a key part of this. Capitalization of...
by Royer Advisors | Dec 11, 2024 | Valuations
Small businesses may need a skilled valuation expert for several different reasons, but one of them is to calculate damages. A good valuator can discount future damages to present value, providing the ammunition businesses need to receive a just award. For...
by Royer Advisors | Dec 11, 2024 | Valuations
Perez v. Bruister, 2014 U.S. Dist. LEXIS 148314 (Oct. 16, 2014) An appraiser of dubious background proved to be a linchpin in a complex ESOP case that centered on allegations from the Department of Labor and individual plaintiffs against the plan’s trustees for buying...
by Royer Advisors | Dec 11, 2024 | Financial Planning, Valuations
Using the market approach, appraisers use comparable guideline companies to help reach an estimate of the value of a business. It has become a long-standing valuation touchstone. There are two primary valuation methods that fall under the market approach: Guideline...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
Usually a professional appraiser will seek input from the current owners when he or she is valuing a business. They want to get the inside scoop on how the business works, and it is an important part of the appraisal process. Valuators need not only knowledge related...
