Business Valuations 

Real Estate Minority Discounts

Appraisal Review

 

Results that Stand Up

Well-Reasoned Opinions & Reliable Valuation Advice backed by scientific method & M&A transaction data

Our client roster is the best testimony to the value we provide....
                      -James Lisi, Owner,

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Peer-reviewed Author and conference Speaker

Affiliations

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LITIGATORS

Expert testimony that withstands challenges from opposing counsel and the IRS.  Value arguments that support mediation and collaborative settlement

BUSINESS OWNERS

Simple market values to put you in the ballpark for a local deal, or full support when negotiating with an experienced acquirer.  Values for    S-Corp conversions and spin-outs.

EMPLOYERS & ERISA TRUSTS

Sound 409a and ESOP valuations that help protect the Founders and CEO against legal threats from the DOL, IRS and employees

ESTATE TRUSTEES

Credible and defendable opinions that capture all FMV discounts, backed up with economic principles and court precedents.  We teach these methods at professional valuation conferences

 

PRACTICE AREAS

PARTNERS & SPOUSES

Valuations reflecting an owner's position to help settle partnership and divorce matters 

IRA CUSTODIANS

Discount Appraisals of alternative assets held in IRA or 401k plans that save taxes on distributions

OUR QUEST

To bring a clear, fundamentally sound finding of value to each client

When competitors' cases go to Tax Court or when negotiations fall apart over valuation, it is often because the analyst has failed to use good fundamentals.  Our positions are engineered so that authorities have no choice but to consider them.  Four factors set us apart - and are why we are able to produce reliable results for our clients.        


First, we examine companies like a private equity investor, not like an accountant.  Value is driven by cash flow, margin, growth rate, entry barriers and market.  These elements explain the value of all business types - profitable, unprofitable, early stage, mature, services, retail, distribution, software, manufacturing and real estate. 


   Next, we use scientific method to connect data and company performance to value.  Scientific method is superior to approximations using CAPM, statistics, big data, binomial lattices and differential equations that certainly take skill, but can be enormously inaccurate.  

Critically important, we primarily rely on M&A data like private equity investors and business brokers do, and we flex between approaches for the situation.  The typical accountant uses one long, complex formula based upon public market data.  With the different market and the extra variables involved, it requires many more judgements.   Business brokers find these types of appraisals to be unreliable because it is an apple-to-oranges comparison.     We do too.

Fourth, unlike the formula approach, we examine inventory, contingencies and owner issues that are key for        real estate partnerships, retail, distribution, and settling equity holder disputes.  

For more depth, check the site library.

 

Clients Served in....

california

Texas

nevada
arizona

Washington

Hawaii

Colorado

New Mexico

Utah

massachussets

New York

washington,dc

Pennsylvania

Maryland

Virginia

north carolina
south carolina

Georgia

florida

Arkansas

missouri

Ohio

Michigan

Illinois

Wisconsin

Minnesota

 
       James (Jim) Lisi       CVA, MBA, BSIE, CPIM
OWNER

CONTACT

SANTA BARBARA VALUATIONS

CONTACT

Email: jim@sbvaluations.com
Tel:  805.797.1710

 

Client meetings are typically held by video conference.  In person meetings are certainly welcome.

For a free half hour consultation or general inquiries, please fill in the following contact form:

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