Guides & methods
Valuation guides and methods
Plain-English explanations of how businesses, shares and intangible assets are valued, written for owners and the advisers who work with them.
01
Valuation Methods
How valuers reach a figure, and the concepts that change the answer.
- Business Valuation Methods ExplainedThe three families of valuation approach, when each is used and their limitations.Read the guide
- Enterprise Value vs Equity ValueWhy the value of a business and the value of its shares are different numbers.Read the guide
- Market Value vs Fair ValueBases of value, and why the same asset can carry different values for different purposes.Read the guide
- What Is a Valuation Date?Why every valuation is tied to a date, and how hindsight is treated.Read the guide
- Minority Discounts in Share ValuationsWhen a minority holding is worth less per share, and why there is no standard discount.Read the guide
- How to Calculate Maintainable EBITDAFrom reported profit to the earnings a buyer would actually expect to continue.Read the guide
02
Business Valuation Guides
Practical guides to the situations in which valuations are needed.
- EMI Valuation ExplainedAMV, UMV, HMRC agreement and when an EMI valuation needs updating.Read the guide
- Expert Determination vs Expert WitnessThree very different roles for a valuer in a dispute, and why they are not interchangeable.Read the guide
- How Are Businesses Valued in Divorce?What a matrimonial business valuation covers, and what it does not decide.Read the guide
- Personal Goodwill vs Business GoodwillWhat separates goodwill that belongs to the business from goodwill tied to an individual, and why it matters.Read the guide
Reference
Types of business valuation reports
From indicative opinions to expert witness reports: what each covers and when it is appropriate.
Reference
Frequently asked questions
Cost, timing, information, HMRC, divorce, expert evidence and how we work.
Next step
Discuss your valuation
Tell us what needs valuing and why. We will confirm the scope, the information required, a timetable and a written fee proposal before any work starts.
- 01Instruction
- 02Scope
- 03Date
- 04Fee