It’s important that lawyers understand how businesses are valuated. Examples include merger or acquisition, shareholder dispute, or an estate or family law matter. The more a lawyer understands business valuation, the better they can use their knowledge to their client’s advantage.

In simple, easy-to-understand language, and using realistic examples Joseph Novello, CPA, MBA will explore reasons to value a business, provide practical tips based on which party you’re representing, and demonstrate commonly accepted valuation methods. You’ll learn the pros and cons of each method, what to watch out for, and how to formulate effective inquiries. Also included is an explanation of popular metrics to evaluate a company’s performance, including earnings before interest, taxes, depreciation, and amortization (EBITDA).