Business Valuation: An Integrated Theory, Third Edition Is Here

Business Valuation: An Integrated Theory, 3rd Edition has been published by John Wiley & Sons, Inc. in the Wiley Finance Series. My co-author, Travis W. Harms, CFA, CPA/ABV and I are excited and relieved to have received this work in hand late last week. In this post, I will begin to tell the story about the book and why you should own it and read it.

100 Days and the 10,000 Steps per Day Challenge Continues

Movement Is Therapeutic in a Time of Crisis

In recent weeks, I’ve written about what I’ve called a Personal Step Challenge that began on December 15, 2019.  My goal is to get 10,000 steps per day at a minimum, and also 5.0 miles at a minimum.  I added the five mile part because at 10,000 steps I’m a tad short that.  The broader […]

80 Days Into the Personal Step Challenge

Nearly 500 Miles and a Million Steps

Walking 10,000 steps per day is good for our physical and mental health. If you don’t believe me, Google “10,000 steps a day” and read around a bit. This post chronicles my personal challenge over the last 80 days and discusses a few of the lessons I have learned from it.

60 Days, More Than 12 Thousand Steps Per Day, Almost 6 Miles Per Day

You Can Reach Your Goal If You Are Intentional About It

60 days in a row.  That’s where I stand on my goal of reaching 10,000+ steps each day and 5 miles or more as recorded on my handy Fitbit Versa 2, my fancy pedometer of choice.  Interestingly, I did not set out with any goal for consecutive days in mind when I started this string on […]

50 Consecutive Days of 10,000 Steps Per Day

Hoping for a Few More Days in the String

There is a great deal of discussion about the benefits of walking 10,000 steps per day. This post focuses on my recent experience of reaching that level of movement for 50 consecutive days. It discusses a few lessons learned from the process, and talks about what to do if life gets in your way of that specific objective. It is still critical for all of us to MOVE!

News from the 2019 ASA International Appraisers’ Conference in New York City

As the ASA International and Business Valuation Conference wraps up at the Marriott Marquis at Times Square in New York City, I took a couple of minutes to talk about the conference on this Valuation Video. I spoke on building strong referral networks with Jay Fishman and summarize seven key points he made and eight key points I made in the video. I also discuss a bit about the conference and folks I spent time with while there. If you weren’t there, you missed a good conference.

The Reason: Professional Services Marketing Insights from a Country Music Star and a Baseball Legend

The Reason. That’s why clients and prospects call professional service professionals, such as lawyers, accountants, financial planners, and yes, business appraisers. But when a client or prospect has a reason to seek out someone with your professional skills and experience, what is the Reason they should call you?

The Case for the Disappearing Minority Interest Discount

When I was a young business appraiser, or well, when I was a new but not so young business appraiser, the valuation of illiquid minority interests involved developing a base value for a business and then applying two big discounts, a minority interest discount (MID), and then, a marketability discount, aka DLOM. This post is about the first, now disappearing, minority interest discount.