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In family law disputes as with mergers and acquisitions, a business valuation is rarely treated as simply another piece of evidence. It becomes the fulcrum upon which entire negotiations pivot, the foundation upon which settlements are built, and too often, the vulnerable point at which otherwise solid agreements begin to fracture. From the perspective of […]

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Kevin Lovewell

Kevin Lovewell is an accountant specialising in Business Valuation.

What is the easiest way you could increase sales by 20%? Warning: This Blog is confronting – Only read on if you have the appetite for a harsh truth. You have been warned. If you proceed past this point – I urge you not to shoot the messenger. When performing due diligence or preparing a […]

Picture of Kevin Lovewell
Kevin Lovewell

Kevin Lovewell is an accountant specialising in Business Valuation.

Over four decades in my profession of accounting – including valuing businesses, I have observed a curious consistency. Whether valuing a manufacturing concern, a professional services firm, or a family-owned enterprise referred by a solicitor for matrimonial or succession matters, certain patterns emerge with remarkable reliability. Solicitors often tell me their clients express surprise when […]

Picture of Kevin Lovewell
Kevin Lovewell

Kevin Lovewell is an accountant specialising in Business Valuation.

I had a conversation last week with a business owner who had just received an informal valuation from his accountant. Simple calculation: EBITDA times industry multiple equals business value. He rang me, rather pleased with himself, expecting I would confirm the figure, and we could move straight to marketing his business. We could not. Having […]

Picture of Kevin Lovewell
Kevin Lovewell

Kevin Lovewell is an accountant specialising in Business Valuation.

In family law, a small or medium business is never “just another asset” on the balance sheet; it is a dynamic, living enterprise intertwined with the DNA of one or both of the dispute related parties… and that entity must be defined and expressed as a defensible number under intense scrutiny from the Court, the […]

Picture of Kevin Lovewell
Kevin Lovewell

Kevin Lovewell is an accountant specialising in Business Valuation.

Not enough business owners ask the most important question: “Am I actually creating value here – and how would I know?” Too few ask, “What is my business worth, and why?”, even when they know that one day they will want or need to sell. They treat valuation as a last‑minute event instead of a […]

Picture of Kevin Lovewell
Kevin Lovewell

Kevin Lovewell is an accountant specialising in Business Valuation.

There is no shortage of people willing to speculate on artificial intelligence (AI) and the impacts on small to medium enterprises. Multiple industry workshops I have attended have echoed most peoples biggest fear; someone always asks, “Is AI going to take all our jobs?” It is a phrase shrouded in self-interest and apprehension, yet the […]

Picture of Kevin Lovewell
Kevin Lovewell

Kevin Lovewell is an accountant specialising in Business Valuation.

There is a saying at the big end of town: “Simple answers are for those who never look beneath the surface.” When it comes to business valuation multiples, the market has never been more awash in confident myths. “Just apply the magic number 3 as your multiple and off you go!” they say. Tempting, perhaps, […]

Picture of Kevin Lovewell
Kevin Lovewell

Kevin Lovewell is an accountant specialising in Business Valuation.

For most of us, it’s difficult to remember when we started our various construction businesses. We track the usual metrics and we know annual revenues, we look at profit margins quarterly. But I can pretty-well guarantee you are not tracking the numbers that buyers are. That fact could cost you dearly. I conduct valuations in […]

Picture of Kevin Lovewell
Kevin Lovewell

Kevin Lovewell is an accountant specialising in Business Valuation.

For decades, mergers and acquisitions activity in construction played out predictably. Buyers chased market share. They wanted client lists, project pipelines, and a larger geographical footprint. They would calculate value on the basis of projected annual revenue/profits multiplied by some industry multiple, adjusted for risk. The mathematics were straightforward, even if the negotiations were not. […]

Picture of Kevin Lovewell
Kevin Lovewell

Kevin Lovewell is an accountant specialising in Business Valuation.