Turning Tribal Knowledge into an Experienced Management System
2Dec 2016
Dec 2, 2016

Turning Tribal Knowledge into an Experienced Management System

When Do You need A Certified Valuation?

Turning Tribal Knowledge into an Experienced Management System. Business valuations are needed for many circumstances and can be used for experienced management performance metrics. KNOWLEDGE IS POWER.

When is a Valuation Needed? Some things to consider

· Merger/Acquisition
· Financing Sale/Investment
· Estate & Gift Taxes
· Purchase allocation/Fairness Opinion
· Employee Stock Option plans
· Life Insurance/ Shareholder Agreements
· Tax vs. Value Considerations

Do not be satisfied with just one value method or a report that does not explain the various methods with the calculations and assumptions. The knowledge you gain from a valuation report will help you achieve whatever purpose is desired. What are some of the value methods to consider?

How about these?

· The Purpose of the Valuation
· Market Conditions
· Comparable Companies
· Risk Factors
· Business Financial History & Projections
· The Cosmetic Business Appearance
· Management Team (Tribal Knowledge)
· The Business Appraisers Perspective

EXAMPLE

Let’s take one example from the above list of what a business valuation is dependent upon, we’ll use your management team.

Is tribal knowledge (experienced management) more or less important than systems in an acquisition or merger? Both can be important but systems are significantly more important than tribal knowledge. However, tribal knowledge is needed to create quality systems.

As I stated above, it is important not be satisfied with just one value method or a report that does not explain the various methods with the calculations and assumptions. The knowledge you gain from a valuation report will help you achieve whatever purpose is desired.

TESTIMONIAL

Systems: Ralph E, Atlanta, will turn tribal knowledge to systems thanks to Dale Richards Presentation

Tribal Knowledge to Systems: Ralph E, Atlanta, will turn tribal knowledge to systems thank’s to Dale Richards Presentation about key business concepts: Business Valuation Principles – How to Increase Your Business Value, Financially, Operational and Strategically.

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