Portland, ME – Dr. Stan Feldman, chairman of Axiom Valuation Solutions in Wakefield, Massachusetts, spoke on The Six Myths of Valuing and Transacting Family-owned Businesses at the Institute of Family Owned Business at the University of Southern Maine. The session was organized by Tom Juenemann, who runs the Institute. The audience included private business owners and their advisors.

The six myths are:

Myth 1: Firms in my industry always sell for a common multiple of revenue.
Myth 2: Public firm transaction multiples are larger than private firm transaction multiples.
Myth 3: Acquirers of private firms over-pay
Myth 4: Most transactions are within the same industry.
Myth 5: Foreign buyers play no role in the market for private firms.
Myth 6: Tax status has no impact on firm value.

In debunking each of these myths, Dr. Feldman used research findings from empirical data that he has been analyzing in the writing of his book, Principles of Private Firm Valuation (Wiley, March 2005).

Axiom Valuation Solutions is a leading national provider of business valuation services based in Wakefield, MA. Its clients come primarily through referrals from professional advisors, including CPAs, financial advisors, and attorneys. Axiom Valuation offers competitively priced, certified business valuations for use in IRS gifting and estate tax filings and in litigation cases; and a unique service designed and priced for business owner planning applications: an accurate value estimate documented in a customized 50+ page report using the most accurate method of business valuation. For more information visit www.axiomvaluation.com.

Roger Winsby
781-486-0100 x203
roger@axiomvaluation.com