FAQ: What is the standard of value? Part 1 of 2
February 4, 2015
One of Synergetic Finance’s services is to provide company valuations to business owners. Because performing a business valuation can be complex, Synergetic Finance founder and author Joseph M. Maas explains how it works and what…
What is fair market value (FMV)?
October 29, 2014
The most common definition of value used in the business valuation process is Fair Market Value. Its popularity is based on IRS Revenue Ruling 59-60, which is the basis for all federal tax decisions, and…
What is an ESOP?
March 20, 2014
An ESOP is an Employee Stock Ownership Plan, a type of employee benefit plan, where an employer sets up a trust and contributes new shares of stock or cash to buy existing shares. Shares in…