We Started Valuing Businesses Before Valuing Businesses Was Cool
Discounts for Lack of Marketability—What are they and why are they needed?
Experienced business appraisers consider various factors when valuing a privately owned business, one of which is known as the discount for lack of marketability (DLOM). This discount for lack of marketability represents a deduction from the value of an...
How Has the General Economy Affected Business Value?
There are many day-to-day decisions that we as business owners control and can adjust for; however, one significant issue that is completely out of our control is the general economy. It’s interesting to reflect back over the past two years of business valuations our...
