In coming up with a valuation report valuator is required to come up with a value, which he or she can attest to. This takes into consideration several facets, which form tenets of a sound valuation process.

Economic Trends have a bearing on mostly all valuations Specific Industry factors need to be considered in all situations Prevailing Competition is a critical factor Market Position such as reputation, pricing, diversification of customer base are essential components of a businesses value Intangibles and Goodwill which are true worth of any business have to be taken account of, and by their very nature are difficult to quantify in several instances The Final Report

Conclusions of a valuator are contained in a report as a vital component of engagement. A well documented report is always composed of following:

The purpose of Valuation Discussion of Valuation process and methodology adopted A history of business being valued Composition of ownership interests of entity being valued Financial Analysis and conclusion of value The above touches on some of very fundamentals of Business Valuations. Each valuation engagement is in itself a unique one and due thought process and consideration is key to final determination of value.

ACCOUNTABILITY MATRIX

MEETING: DATE: TEAM MEMBERS:

WHO DUE DATE ACTION:

Info:

CHECK-IN DATE:

Satellite Meetings In my workshops, people tell me horror stories about how much time they spend in meetings that have nothing to do with them or their job. Typically, a manager or team leader calls everyone in for one meeting at same time and three out of four people sit there while a discussion limited to another team member and their function rolls on.

On average, a three-hour meeting (one manager and four team leaders) can be reduced to 1 hour of team meeting and four 30-minute meetings. Everyone benefits from 'creating' more hours of working time for projects.

Wasn't that point of all those meetings in first place?

For more time-saving tips go to http://www.organize.com Copyright Eve Abbott. All Rights Reserved