Mastering the Craft of Business Valuations: Expert Tips and Insights with Karl Janhsen, CPA, P.C. (Ep. 130)
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From selling a business to retirement planning, partnership negotiations, divorce proceedings, and estate planning, there are many reasons why someone would need a business valuation. Although the empirical data has vastly improved since the early days in this field, professionals still prioritize understanding each business individually and utilize several different valuation approaches including market, cost, and income to build a comprehensive business valuation.
In this episode, Larry Heller, CFP®, CDFA®, is joined by our guest Karl Janhsen, CPA, P.C. who shares his journey into the complex world of business valuations. While there is more science involved now, it still requires a sense of art. Karl also shares an interesting and challenging valuation case involving a biotechnology company that developed a revolutionary chemotherapy delivery system.
Listen in as Karl Janhsen discusses:
- The challenges faced in the early days of business valuations.
- Factors that can affect the value of a business, such as concentration risk and market data.
- The need to use multiple approaches to evaluate a business’s value and the importance of customization to meet clients’ specific needs.
- And More.
Connect with Karl Janhsen:
- (631) 928-6300
- LinkedIn: Karl Janhsen
Connect with Larry Heller:
- (631) 248-3600
- Schedule a 20-Minute Call
- Heller Wealth Management
- LinkedIn: Larry Heller, CFP®, CPA
- YouTube: Life Unlimited with Larry Heller, CFP®
About Our Guest:
Karl Janhsen is an experienced CPA, ABV with a career spanning over 30 years in public accounting. He worked at Deloitte & Touche, LLP and several accounting firms as a partner where he oversaw audits and challenging clients and was involved in business valuation engagements. In 1998, he co-founded Covati and Jahnsen CPAs, PC, and Premier Business Appraisals Incorporated. Providing financial and tax advice to a diverse clientele, with over 100 hours of training and business valuation techniques and theory, Karl is a sought-after expert in the field.