The International Association of Certified Valuation Specialists continues to grow and add new members. 2020 and 2021 have actually been very active as professional business valuators have time to plan and work on their own businesses. please visit their website for more information, including the new designation (ICVS-A) for those who also need to value financial instruments.
COVID-19 and Valuations
Covid-19 has, and is, impacting values differently at different businesses. We have some clients that have seen large increases in business, while others are struggling to keep staff safe (even in July of 2021) and are personally funding losses until business returns to profitable levels. significantly more time is required right now to prepare educated estimates with owners concerning future revenue and expense levels.