In this Gorfine, Schiller & Gardyn podcast interview, Chuck Faunce, Director of Business Valuation & Litigation Support at GSG, discusses understanding risk and reward, and the true worth of a company through business valuations.
Business valuation is a process and a set of procedures used to estimate the economic value of an owner’s interest in a business. Business valuation success comes down to measuring risk and reward for helping buyers and sellers come to a financial agreement in an acquisition. The service is also used in litigation, as well as for compliance reporting, and the involvement of a third party expert in certain situations is imperative if not mandated.
GSG was recently featured in a CFO Tech Outlook article about how business valuation helps to drive the understanding of the true worth of a company. Chuck Faunce provides a high-level overview of all things business valuation in this podcast interview.
Following are highlights from this interview:
- What is business valuation and why it’s important. (:25)
- Typical business valuation scenarios that Chuck and his team often see. (2:30)
- More about the litigation side of business valuations. (4:37)
- Current market trends around business valuations. (6:25)
Click here to learn more about GSG’s business valuation and litigation support services.
Categories: Small Business, Valuation