Valuing Closely Held Business Interests CLE

Valuing Closely Held Business Interests

September 2012

Valuing Closely Held Business Interests

Convenient, timely, reliable, and affordable...

Teleseminars are midday continuing legal education conferences broadcast over the telephone. From the convenience of your office or home, you are able to dial into an 800 number, and hear nationally recognized practice leaders speak on important issues in the law. You are also able to ask them your questions. Teleseminars marry the best of technology and education to bring the world of CLE to your office or home.

How to Register:

For course details or to register online, go to course of interest link above.

There are 2 easy ways to register:

1. CALL us! (303) 860-0608, or toll free (888) 860-2531

2. Or REGISTER ONLINE NOW by using the corresponding course links above.

Program Description:

Closely held businesses are notoriously difficult to value because there is no regular market of buyers and sellers setting prices and the information used to formulate valuation - detailed financial reporting and industry “comps” - is scarce. Despite the difficulty of pegging a price, so much depends on valuation - buy/sell arrangements among owners of the company, incentive compensation awards, capital-raising through private placements, and commercial borrowing. Understanding valuation methodologies, including their objective and subjective components, is absolutely essential for transactional attorneys advising clients and drafting business documents. This program is designed to provide transactional counsel with a practical guide to valuation techniques for small and medium size businesses and how to integrate them into business agreements and plans.

- Valuation of closely held businesses and securities for buy/sell, compensation, and capital raising purposes

- Valuation methodologies, including objective and subjective aspects of each method, and which work are best suited for different types of circumstances

- Drafting issues when integrating valuation methodologies into business documents

- Common errors in the appraisal of closely held business securities

- How to work with business appraisers and what to expect from them as deliverables

Faculty:

Ronald L. Seigneur is a partner in Seigneur Gustafson LLP, a CPA firm located in Lakewood, Colorado, where he provides valuation, tax and retirement planning, and litigation support services. He has published over 80 articles on business valuation and is co-author of “Financial Valuation: Applications and Models,” (2^nd Ed.), a treatise on business valuation published by John Wiley & Sons. He is a Certified Valuation Analyst with the National Association of Certified Valuation Analysts (NACVA) and holds the American Institute of Certified Public Accountants' specialty designation of Accredited in Business Valuation. He is an Adjunct Professor of Law at the University of Denver College of Law, where he teaches financial, management and leadership courses. Mr. Seigneur earned his B.A. from Michigan State University and a MBA from the University of Michigan.