Archive for June, 2010

You thought the discounted cash flow method was challenging enough. And what about the mid year convention? Let’s review the basics. One of the central business valuation techniques under the income approach is the discounted cash flow method. It lets you calculate the business value based on three fundamentals: Business earnings forecast, usually annual cash… Continue Reading


It is a standing joke in the business appraisal profession: the business valuation is out of date the moment it is delivered to the client. Business valuation has an expiration date In fact, a key assumption for any business valuation is the date on which it is done. Why is the date so important? Here… Continue Reading