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How to Value Your Business | Justin Lamb | EP 028

54:22
 
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Manage episode 376676971 series 3501629
Content provided by Jared Pilon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jared Pilon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode, Jared chats with Justin Lamb.

Justin is a Chartered Professional Accountant, Chartered Business Valuator and a founding partner with Jones & Lamb LLP.

Since 2014, Justin has been working in the field of financial litigation support and business valuation. In early 2022, Justin and his business partner, Mark Jones, started Jones & Lamb LLP in Edmonton, AB.

Jones & Lamb LLP was founded with the vision of creating value through innovation. They strive to provide value by blending subject matter expertise with their data science and programmatic toolkits, creativity and by striving to make the complex appear simple.

Some of the topics discussed in the episode:

๐ŸŽ™๏ธ How can I adjust my business so it is run in a way that is consistent with how an armโ€™s length party would run it?

๐ŸŽ™๏ธ Whatโ€™s the difference between redundant and operational assets?

๐ŸŽ™๏ธ Am I overvaluing my operation?

๐ŸŽ™๏ธ How do I make the appropriate adjustments in valuing my operation?

๐ŸŽ™๏ธ Are there additional costs that a potential buyer could expect in the future that arenโ€™t reflected in my financial statements?

๐ŸŽ™๏ธ What do my financial statements show about the value of my business?

๐ŸŽ™๏ธ Do you have any tips for small business owners who are thinking about selling their business?

If the listeners want to touch base with Justin, you can find him through the following links:

Justin Lamb

Jones & Lamb LLP

780-554-4323

[email protected]

https://www.joneslamb.ca/

#podcast #TaxTalkPodcast #SmallBusiness #reddeer #alberta #valuation #litigation #financials #cbv #cpa
-----------------------------------------------------------------------------------------------

Music: English Breakfast, Jobii from Epidemic Sound

https://www.epidemicsound.com/track/7emX18vZqh/

------------------------------------------------------------------------------------------------

Disclaimer

By using this website, blog or podcast, users agree as follows:

The information, services and/or products are for general information only and any reliance on the information provided therein is done at your own risk. If you make tax, accounting, investing or legal decisions after accessing this website, blog or podcast, it is recommended that you consult a qualified professional first.

The views and opinions expressed are those of the author, seller, guests or publisher and do not necessarily reflect the views of the organizations or businesses that these individuals are associated with.

Although we make strong efforts to make sure my information is accurate, we cannot always guarantee that the information on this website, blog or podcast is always correct, complete or up-to-date.

  continue reading

55 episodes

Artwork
iconShare
 
Manage episode 376676971 series 3501629
Content provided by Jared Pilon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jared Pilon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode, Jared chats with Justin Lamb.

Justin is a Chartered Professional Accountant, Chartered Business Valuator and a founding partner with Jones & Lamb LLP.

Since 2014, Justin has been working in the field of financial litigation support and business valuation. In early 2022, Justin and his business partner, Mark Jones, started Jones & Lamb LLP in Edmonton, AB.

Jones & Lamb LLP was founded with the vision of creating value through innovation. They strive to provide value by blending subject matter expertise with their data science and programmatic toolkits, creativity and by striving to make the complex appear simple.

Some of the topics discussed in the episode:

๐ŸŽ™๏ธ How can I adjust my business so it is run in a way that is consistent with how an armโ€™s length party would run it?

๐ŸŽ™๏ธ Whatโ€™s the difference between redundant and operational assets?

๐ŸŽ™๏ธ Am I overvaluing my operation?

๐ŸŽ™๏ธ How do I make the appropriate adjustments in valuing my operation?

๐ŸŽ™๏ธ Are there additional costs that a potential buyer could expect in the future that arenโ€™t reflected in my financial statements?

๐ŸŽ™๏ธ What do my financial statements show about the value of my business?

๐ŸŽ™๏ธ Do you have any tips for small business owners who are thinking about selling their business?

If the listeners want to touch base with Justin, you can find him through the following links:

Justin Lamb

Jones & Lamb LLP

780-554-4323

[email protected]

https://www.joneslamb.ca/

#podcast #TaxTalkPodcast #SmallBusiness #reddeer #alberta #valuation #litigation #financials #cbv #cpa
-----------------------------------------------------------------------------------------------

Music: English Breakfast, Jobii from Epidemic Sound

https://www.epidemicsound.com/track/7emX18vZqh/

------------------------------------------------------------------------------------------------

Disclaimer

By using this website, blog or podcast, users agree as follows:

The information, services and/or products are for general information only and any reliance on the information provided therein is done at your own risk. If you make tax, accounting, investing or legal decisions after accessing this website, blog or podcast, it is recommended that you consult a qualified professional first.

The views and opinions expressed are those of the author, seller, guests or publisher and do not necessarily reflect the views of the organizations or businesses that these individuals are associated with.

Although we make strong efforts to make sure my information is accurate, we cannot always guarantee that the information on this website, blog or podcast is always correct, complete or up-to-date.

  continue reading

55 episodes

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