What I Learned at the NACVA; Business Valuation and Business Appraisal National Meeting
I recently returned from the National Association of Certified Valuation Analysts meeting in New Orleans, Louisiana. This is a meeting of business valuator and business appraisers. Here are a few things I learned:
- ESOPS have increasing complexity and regulation and this will affect ESOP business appraisal and valuation over the next few years.
- In many cases pass through entities (partnership and S corp taxation) have about a 10% premium over non pass through entities (c corps). There is no agreement on how to calculate this premium.
- There is a proliferation of types of life insurance and the valuation of these instruments will increase over the next few years.
- The SBA’s SOP, SBA Standard Operating Procedures for Business Appraisal and Business Valuation (click here for Harvest’s SBA Business Valuation and Business Appraisal site) has been revised and updated
- The food and music is wonderful although at this point in my life I have a two evening tolerance.
- I most enjoyed a quite evening at GW Fins and highly recommend it.
New Orleans is a town that understands how to make being a tourist fun. The NACVA put on a wonderful educational meeting.
Gregory Caruso, Esq., CPA, CVA
Business Valuation, Business Brokerage.