ValuAdder Business Valuation Blog

Business valuation tips, updates and advice. Pick up a few suggestions on how to value a business. Feel free to browse the contents or share your thoughts by leaving a comment.

The 2020 – 2021 update to the venerable USPAP standards is out and there are some changes you should know about. Perhaps the most noteworthy is the change to the format of the Restricted Appraisal report. It is now allowed to include additional parties as the intended audience besides the client. This works as long… Continue Reading



Business valuation software is always evolving. Both the capital markets and technology shifts demand this constant change. Take our ValuAdder for example – we publish regular updates to the valuation data, new technology that comes online, and, perhaps most importantly, data security updates. Software that is just a couple of years old may well be… Continue Reading




When it comes to business valuation, the market approach reigns supreme. Think about it – where else can you glean the values of businesses better than from the active, observable market place where companies change hands every day? Unsurprisingly, the International Valuation Standards or IVS for short, accord a special place to the market-based valuation… Continue Reading


Valuing a business? You would do well to heed the requirements of the USPAP standards. USPAP is a short form for the Uniform Standards of Professional Appraisal Practice. These renowned standards govern valuation of all types of assets, including real and personal property, collectibles, and businesses. Business valuation is covered in USPAP standard 9, while… Continue Reading



Half the battle in business valuation is to clearly state what is being valued. Your business appraisal would be misleading unless you define what equity or debt capital is included in your value calculations. Equity is just another term for owners’ interest in the business. If you are valuing a corporation this ownership interest is… Continue Reading


No surprises there – business valuation delves into some pretty sensitive information. Think about it – generally no public record of a private company financial performance, let alone its value exists. Business owners are not usually ecstatic telling the world how much they are worth. If a private business is put up for sale, business… Continue Reading




If you are creating a business valuation report that must comply with the venerable USPAP standard, you have a choice to make: should your report follow the Restricted or Appraisal report format? What is going on here? Restricted Report format – for client only The USPAP Standard 10 draws a distinction between the restricted and… Continue Reading


Even the most experienced business appraisers are often confused: do the discount or cap rates apply to valuing minority or controlling business ownership interests? One share of company stock – a classical minority ownership interest The question is worth considering: values of controlling shares of business ownership can be a lot higher than the typical… Continue Reading


Valuing a civil engineering firm in the heavy construction industry? Some sector statistics to consider: There are over 32,600 establishments in this highly competitive industry in the USA alone. Together these companies generate about $256.3 billion in annual revenues. The average civil engineering firm makes some $7.8 million in sales per year employing about 30… Continue Reading