Navigating the Valuation of Professional Practices in Family Law Separations
Separation proceedings often involve complex financial evaluations, particularly when one or both spouses own professional practices. Valuing these practices accurately is crucial for equitable settlements. This article explores the unique challenges and methods involved in valuing professional practices, providing practical insights for family law practitioners. Understanding Professional Practices Professional practices include medical, legal, accounting, dental, […]
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The Importance Of Quality Expert Reports In Family Law Property Settlements
In July this year, together with founding partner of Lambourne Partners, Scott Lucas, I had the privilege of being invited as a keynote speaker for the Hunter Valley Family Law Practitioners Association 30th Annual Family Law Conference. As always, the speakers were insightful and thought-provoking, however, the paper delivered by Her Honour Justice Brasch in […]
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The Effects of COVID-19 on Your Business Valuation
A little over 12 months ago during the first round of COVID-19, I penned an article discussing the importance of what is ‘known or knowable’ as at the valuation date. At the time, COVID-19 was called a once in a 100-year event, but a year later we are coming out of what for many has […]
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Why the Working Capital Calculation is Crucial When Buying or Selling a Business
When valuing a business for sale or purchase, owners often believe that the value will be based on a cash-free debt-free multiple of earnings. While this is technically correct from a valuation point of view, the commercial reality of working capital requirements is often overlooked and is the cause of disputes. Working capital is a […]
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Enterprise or Equity Valuation? Why Getting the Terminology Right Saves Time and Costly Misunderstandings
Whether it be a family law property settlement or a business purchase, it is important that the negotiating parties are aware of what is and is not to be included in the transaction. Before negotiating value of the assets, the parties should have a clear understanding of what assets are on the table in the […]
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