No matter how successful and profitable, a privately held business with multiple co-owners can be significantly impacted when one of the owners dies, retires, becomes disabled, or leaves the company.
Around the world, companies that provide valuations of private equity and venture capital investments follow the best practices spelled out in the International Private Equity and Venture Capital Valuation (IPEV) Guidelines. The IPEV Board, an independent body created in 2005, works to maintain, promote, monitor, and update the guidelines as needed; the most recent update was the December 2015 edition.
It’s not something you do every day, so the idea of selling a privately held business or divesting a corporate division or subsidiary might be a bit mind-boggling. How does it work? What is the business worth? How do you know which buyers are legitimate and which offers to consider?
Since 1980, (MBJ) has recognized small businesses and owners through its annual Small Business Awards (SBAs) program.
Banks that are looking to acquire an existing bank or branch(es) need to be aware that such transactions must be valued in accordance with the federally mandated Accounting Standards Codification Topic 805, Business Combinations.