April 20, 2020

As an attorney, you want to provide a high quality product and minimize expenses for your client. When you hire a business appraiser, you have many things to consider. One element relating to quality and cost is the type of engagement and report you need and want. If you simply want a calculation based on limited information, a calculation report may be sufficient. If you need an appraisal for litigation, you need a full appraisal. However, there are additional considerations, and sometimes the boundaries are blurred. Here are some insights to avoid misunderstandings, conflicts and other issues.
Definitions
When working with valuation issues and business valuers, it’s important to understand the jargon and definitions. There are several re...
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