Nothing on this website is legal advice.
1. We have an anti corruption policy, which no industry colleague to our knowledge currently has. This increases our credibility in court.
2. Different choice of valuation method, different valuations. Do you see the problem? We combine several valuation methods that even out the differences that otherwise occurs.
3. The old concept of generalization vs specialization is still very relevant. Expert witness testimony is rarely done by generalists, because they are generalist, and not specialists.
4. The owner, who is actively engaged in the business, is also an author of two books within business valuation.
5. Our valuations have been respected to the extent, where large businesses that have reached over the billion dollar mark have chosen to respect our valuation and not go against it. This is despite them having the legal and financial muscles to do so.
6. We leave no room for the opposing legal representation to claim that we would be biased. This would be rather hard to say about someone that also has an interest to also sell the business. The concept of being unbiased or biased is usually taken very seriously in court, regardless of the jurisdiction and legislation. There are countless examples of biased opinions being disqualified in court, and it stretches beyond expert witness testimony.
7. We always do on-site inspections and interviews, at your business location. Online valuations are rarely ever used in court, because they are too easy for the opposing party´s legal representation to ”shoot down”. If the business valuator doesn’t spend the effort to visit your business location, then it qualifies as an online valuation.
8. We require payment upfront, meaning that our clients cannot use the payment as leverage. We do lots of valuations, and every so often, we get asked if we can reach a certain number. The standard answer is that we dont know, until we have executed the valuation, and since you have to pay upfront, chances are you will not be satisfied if you have requested or “ordered a specific number”.
9. We do not base any valuation on anything that can be claimed to be hearsay.
10. Even if the valuation is not to be used in court, executing a business valuation is probably pointless if the valuation and the organization behind the valuation is not respected and acknowledged by your counterpart.
