Business Valuations - An Art or Science- Could it be both

Written by Jamshed B. Gandi CPA CVA CFP Ms Tax


Business Valuations, according to several academic sources is one ofrepparttar fastest growing niche practices inrepparttar 141502 United States, and all projections are that this will continue to occupy a leading spot inrepparttar 141503 accounting profession inrepparttar 141504 ensuing years. Several professional organizations inrepparttar 141505 U.S. such asrepparttar 141506 National Association of Certified Valuation Analysts,repparttar 141507 AICPA andrepparttar 141508 Institute of Business Appraisers now caterrepparttar 141509 growing need for valuators and have adopted professional qualifications and credentials for their members.

The Need

Valuations are needed in several instances such as:

Purchase or Sale of Businesses Liquidation of Entities Gifting and Estate Tax Planning Strategies Asset Allocations in Divorces Buy Sell Agreements Business Financing Fairness Opinions for Shareholders Litigation Support and Dispute Resolutions Choosing a Valuator

It is critical thatrepparttar 141510 right professional be chosen forrepparttar 141511 project at hand. Therefore, it is essential thatrepparttar 141512 following be definitely considered:

Professional needs to haverepparttar 141513 necessary experience Good presence of mind and effective communication skills are a must Professional designations and continuing education inrepparttar 141514 field are necessary Absolute independence ofrepparttar 141515 professional is required and mandated Obtaining references and past industry experience would enhancerepparttar 141516 decision of choice Reviewingrepparttar 141517 professionals experience serving as an expert witness may be necessary at a later date Factors Affectingrepparttar 141518 Valuation

5 Tips to Make Shorter Meetings EQUAL Better Results

Written by Eve Abbott, the Organizer Extraordinaire


5 Tips to Make Shorter Meetings EQUAL Better Results By Eve Abbott excerpted from her new book, How to Do Space Age Work with a Stone Age Brain TM

A True Story... I had a client who was scheduled for 30 hours of department meetings a week. His first question was "When are we supposed to do our work?" Organize your meetings with these tips and everyone will get more out of every meeting.

Accountability Matrix If you walk away from any meeting without deciding and documentingrepparttar who, what and when of all action itemsrepparttar 141481 odds of them getting done in a timely way are greatly reduced.

Use an Accountability Matrix for every meeting. If there is someone who takes follow-up notes, ask them to addrepparttar 141482 Matrix torepparttar 141483 distribution. If not, use it yourself, to track your action items and/orrepparttar 141484 action items for which you are a 'Check-In'. A client who usesrepparttar 141485 Matrix in meetings has already spread it to five departments in his company.

Now everyone onrepparttar 141486 team knows who is responsible for what and when it is due. That isrepparttar 141487 first step in accountability. Don't worry about getting others to do their job -- unless you'rerepparttar 141488 team leader of course!

Here's an example: (seerepparttar 141489 Accountability Matrix form inrepparttar 141490 book) WHO: Eve DUE DATE: month day year ACTION: Submit tweaked proposal via e-mail (Any questions and resources required) Info: (phone/e-mail) CHECK-IN as needed Steve(describe with detail) DATE: month day year Info: (phone/e-mail) got it

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