Purchase the Training Pack ($199.00)
to get the recording, transcript, and presentation materials for this webinar in a single download. Please allow up to 30 days after the webinar for the Training Pack to be available.
Why is working capital given so much attention in the context of a private business sale, yet given so little attention in the typical business valuation report? Do you wonder how others consider working capital levels and changes in their reports, given the relative lack of resources available on the topic? This session, led by Glen Birnbaum of Heinold Banwart, Ltd and Kevin Yeanoplos of Brueggeman and Johnson Yeanoplos, P.C., will provide a common framework that all appraisers can use to ensure that working capital is not forgotten.
Program Agenda
Private vs. public perspective of working capital and its importance in the sale of a business
Working capital definition and components including understanding the underlying transactions
Methodology to determine excess or deficient working capital including the calculation of target working capital in typical private sale
Forecasting working capital changes using the discounted cash flow approach
Working capital management, how to increase value in years leading up to a sale
Working capital and purchase price allocation valuations
Learning Objectives
Understand the importance of and be able to define working capital in the context valuing a private business
Identify different methods for determining excess or deficient working capital
Learn how to properly consider working capital needs when utilizing the discounted cash flow approach
Identify ways to assist seller’s with working capital management to allow them to extract more value from their business in the years leading up to sale
Understand working capital’s importance as a contributory asset in purchase price allocations
BVR's Training Packs are an indispensable addition to any valuation reference library. Use them as training tools as many
times as you'd like, wherever you are: play them at your computer at work or home, in your car, or on your personal audio device.
Delivered as an electronic download approximately four weeks after the program has aired, each Training Pack includes:
Recordings and transcripts of the presentation
All presentation visual aids and handouts
All ancillary reading materials suggested by our presenters
If you are ordering a Training Pack after the four week window, the download link will be sent to you immediately via email. Please
check your spam folder and add customerservice@bvresources.com to your “safe list”
to ensure you receive your Training Pack.
Business Valuation Resources offers a 100% money-back guarantee on our training services. If you are not completely satisfied
with your experience, or have any feedback, please contact Business Valuation Resources at 1-503-479-8200 or
customerservice@bvresources.com.