In business valuation, understanding the industry and the local and national economy is crucial to making and defending your assumptions in the valuation. A company is not an island, it’s intricately connected to its industry and the economy.
Hence, the subject company’s future potential for both cash flow and risk is a subject of utmost importance. In fact, the AICPA Valuation Standards state, The valuation analyst should, as available and applicable to the valuation engagement, obtain sufficient non-financial information to enable him or her to understand the subject entity, including its:
- Industry
- Economic Environment
- Geographical Markets
- Competition
If you are going to take the business valuation standard of care seriously, you need to consider both industry and economic data.
Searching through the maze of business and industry websites is one thing, but finding reliable sources of information is completely another. Valuation experts can spend days on the internet researching all sorts of data, and in the end be unsure of their source’s accuracy or credibility.
KeyValueData Custom Research
A better way to do industry and economic research
KeyValueData custom research analysts consult dozens of databases, periodicals, and trade associations for pertinent industry trends, forecasts and other relevant economic social, technological and regulatory issues. This provides a comprehensive picture of the subject industry or metropolitan area and then synthesizes this data into a well-written report.
Going far beyond simple Google searches, the KeyValueData research team works to provide a comprehensive picture of the valuators subject industry and metropolitan area, and delivers a report that valuators can cut-and-paste into their valuation reports. These reports are prepared for a fee, but the cost most users say is well worthwhile.
Not only can valuators save hundreds if not thousands of dollars of their time, but they can recoup many days of research extremely valuable time that can be devoted instead to producing a higher quality valuation.
Why Use Key Value Data Custom Research Services?
- Cost. Check the competition, many charge thousands for industry reports.
- Comprehensive research. In addition to standard Federal Census statistics, we search a wide range of trade and analyst reports for a more complete picture of the industry and metro area.
- Real-time reporting. We search current news publications for pertinent, up-to-the-minute developments including M&A, plant closures, legislative rulings, licensing information and other recent events that could be critical to business value.
- Drill down. Our customized research reports provide better drill down to rural areas and hard to find stats on smaller and emerging industries.
- Fast turn-around. Each custom report is handled to provide the very fastest turn-around possible in order to meet the time constraints of your engagement. We don’t simply put your request “in the queue.”
For more information about the use of custom market research services in the preparation of valuation reports or to request a quote for a custom research report please contract Patricia Braedyn, KeyValueData’s Director of Custom Research, at 772-584-5958 or, by email, at patricia@nacva.com.”