Insight Newsletter

Valuation

Capital Gains Tax Rates Up = Value of Businesses Down | Summer 08 Insight
by Ray D. Rezab and Brian J. Kremen
Will increasing the top capital gains tax rate harm sellers of businesses?

Credit Availability Affects Business Valuation | Winter 08 Insight
by Mark D. Working

Earnouts - Bridging the Value Gap | Fall 09 Insight
by William S. Hanneman
With limited credit availability, sellers are financing more transactions.

ESOP Myths and Realities | Spring 02 Insight
by Frank S. Buhler
Contrary to popular opinion, an Employee Stock Ownership Plan is not a financial panacea.

Fairness Opinions--How Fair | Winter 08 Insight
by William S. Hanneman
New SEC regulations don’t solve any problems.

Hanging on to the Purchase Price | Spring 06 Insight
by William S. Hanneman
Representations and warranties can have a significant effect on the purchase price of your business.

Purchase and Sale Agreements--the Seller's Perspective | Summer 07 Insight
by Mark D. Working
Once the sale price has been agreed, many sellers believe the rest is just paperwork. Think again,as many important issues still need to be decided and the owner needs to stay involved.

Reconciling Purchase Price and Working Capital | Winter 06 Insight
by Frank S. Buhler
Day-to-day and seasonal fluctuations in working capital investment is always the subject of debate when closing the sale of a privately held business.

Sarbanes Oxley Matters to You | Winter 05 Insight
by Mark D.Working
In response to the Enron and WorldCom scandals, Congress passed the "SOX" Act. How it affects private companies may surprise you.

Seller Math--The Missing Variables | Fall 02 Insight
by Mark D. Working
Seller Math is a flawed economic argument often used by owners when considering a sale of their company.

Strategic Value Determination | Summer 11 Insight
by Mark D. Working
The value of a business will differ among buyers with different outlooks.

Tax Rates Affect Returns to Business Owners | Spring 12 Insight
by Frank S. Buhler
Due to a changing tax environment, businesses earnings and value must increase just to stay even.

The Controlled Auction | Spring 07 Insight
by William S. Hanneman
Creating competition among multiple bidders results in a higher value and better terms for the seller.

Value - In the Eye of the Beholder | Fall 06 Insight
by William S. Hanneman
Not everyone looks through the same economic lens.

Value vs. Price | Summer 05 Insight
by Mark D. Working
Many owners view the value and price of businesses as the same, which can be a misconception.