Ask An Expert: How to Value a Business

Join David Holmes, a chartered professional accountant and chartered business valuator, to learn how to determine the value of a business for sale or purchase, and how to prepare to sell your business. David will also discuss common issues to navigate when buying or selling a business.

Through this Ask an Expert session, participants will learn:

• How to prepare your business for sale
• What information a buyer should request and review
• How businesses are valued and the most common business valuation methodologies
• The primary considerations that impact a business' value
• Common issues when selling or buying a business
• Tax planning when buying or selling a business

David Holmes, CPA, CA, CBV, CFF

David is a Chartered Professional Accountant, Chartered Business Valuator and Certified in Financial Forensics with over twenty years of valuation, finance and accounting experience working with organizations that have ranged from large publicly listed companies to smaller owner-managed entities. David is the past Academic Advisor to the Canadian Institute of Chartered Business Valuators (CICBV) and York University where he was responsible for overseeing the CICBV’s Program of Studies.

David’s is a Partner at Rumley Holmes LLP, a professional services firm with over twenty professionals, where he advises business owners on valuations, the purchase and sale of businesses and tax minimization strategies.

This session is part of the “Ask an Expert” series presented in partnership with the County of Simcoe, the Small Business Centre of Barrie, Simcoe County and Orillia, South Georgian Bay Small Business Enterprise Centre, Orillia Area Community Development Corporation, Nottawasaga Futures, North Simcoe Community Futures Development Corporation, Community Futures South Georgian Bay, Sandbox Centre and Henry Bernick Entrepreneurship Centre - Georgian College