Every business owner should engage a Chartered Business Valuator
(CBV) because they are professionals specifically trained in the
field of valuation. This gives them the skills necessary to
appropriately consider all the nuances of your business, including
the quantitative and qualitative factors that influence your value.
However, it also helps if clients have some understanding of the
relevant issues, as this puts them in a better position to get the
answers they need. But before you can get those answers, you need
to make sure you’re asking the right questions.
Question 1 - How can I adjust my business, so it’s
consistent with the way an arm’s length party would run
it?
Particularly with small owner-managed businesses, the way
businesses are operated isn’t necessarily indicative of how
an arm’s length party would run it. With that in mind, you
need to consider the impact that might have on your operational
results. The adjustments — what we
