June 2— With a major economic downturn and businesses hit particularly hard from the COVID-19 pandemic, many family business owners are asking: What does this mean for the valuation of closely held businesses that have no readily observable market prices? It stands to reason that the same uncertainties sweeping through the public markets would also impact smaller private companies in even more profound ways, with travel, leisure, and retail businesses being especially hard hit. Director of Business Value Strategies, John Lindak, shares what professionals in the valuation community have been discussing about the valuation impacts of COVID-19 and what that may mean for family business owners.
Please read John’s article, Business Valuation During a Crisis.
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