How To Find The Right Professional To Value Your Business

Written by David Coffman

Continued from page 1

4. The Institute of Business Appraisers offers several designations includingrepparttar Certified Business Appraiser (CBA) that require passing an exam, and varying degrees of BV education and experience. Their online member directory can be accessed at

Just likerepparttar 151146 types of professionals, no one BV credential is inherently better thanrepparttar 151147 others. Having a BV designation is not a guarantee of competency, but it does demonstrate thatrepparttar 151148 professional has metrepparttar 151149 minimum requirements for that credential. Conversely,repparttar 151150 absence of one doesn’t prove incompetence. It does raiserepparttar 151151 question of whyrepparttar 151152 professional does not have one. Many BV professionals have multiple designations. That’s great, but one BV credential is enough.

Searchingrepparttar 151153 member directories of these organizations isrepparttar 151154 best way to find BV professionals near you. Business Valuations & Strategies maintains links to all four directories in one convenient location at BV Professional.htm.

Business Valuation Experience

The first question many business owners ask a BV professional is whether they ever valued a business like theirs. Although that is a good question, it missesrepparttar 151155 point. Regular and recent BV experience is much more important than specific industry experience. BV procedures are generallyrepparttar 151156 same regardless ofrepparttar 151157 industry or type of valuation. BV professionals are good at research and have many excellent resources to learnrepparttar 151158 ins and outs of most industries.

Ask to see samples of their business valuation reports. You may not understand some ofrepparttar 151159 real technical stuff, but you should be able to make sense of what was done and why. The valuation result or conclusion should also make sense to you. The best BV professionals inrepparttar 151160 world are worthless if they can’t write a report that can be understood by non-financial people.

Final Selection

Hopefully you have found more than one qualified BV professional to choose from. Each professional should be personally interviewed and questioned about fees and turnaround time. Afterrepparttar 151161 interview selectrepparttar 151162 most qualified professional that meetsrepparttar 151163 rest of your criteria. A checklist or scorecard that lists each important factor and rates each professional on every factor can help makerepparttar 151164 process less confusing and more logical.

Looking for a qualified professional to do a business valuation is not easy. If you take some time, do some research and approach it systematically, you will find a qualified professional that is right for you.

David E. Coffman is a Certified Public Accountant (CPA) who is Accredited in Business Valuation (ABV) and a Certified Valuation Analyst (CVA). He authored the “Guide to Selecting the Right Professional to Value Your Business” to help small business owners through this process. The Guide is available at

Managing Dickheads

Written by Arvind kumar

Continued from page 1

Managing these high performers is an art, a test of your extremes. Butrepparttar outcome is many fold which makes it imperative to have these dickheads in your team as many as you can. They hate to loose. They want to win every day, every hour. They are high in energy, high in temper, high in ego. They are intolerable to mediocrity. For them anyone less than 100° is a sinner. They go to extreme to produce result and get angry torepparttar 151145 level of hell if someone does not get in done with their efficiency level. They may even break loose on you if you come in their way.

But those arerepparttar 151146 ingredient of a successful. Winning team. You need to give them space, be patience, sit and watch. Your task is to keep them not breaking others boundaries and something inrepparttar 151147 team’s benefit let them break it. It is a tight ship to manage but atrepparttar 151148 end ofrepparttar 151149 day, it is your capabilities to direct their high energies and enthusiasm to produce required business results.

Take my words, your only job here would to direct these dickheads in a particular direction and your company success is on autopilot.

So go and find at least one. Big Dickhead, you hate keep in your team.

This research work for this report is done by Mr. Arvind Kumar, founder, You may reach him at .

Arvind Kumar is an Electrical Engineer from a premier Institute, Indian Institute of Technology, Delhi, India. He has 3 years experince in marketing business consulting services and marketing services. He is founder and CEO of

    <Back to Page 1 © 2005
Terms of Use