Business is challenging enough without having to decipher incomprehensible valuation reports or chase valuers who have missed the point entirely. After more than a decade of conducting business valuations, I continue to witness a troubling pattern: the significant information gap between what professional advisers need and what many valuers actually deliver. This disconnect is not […]
Kevin Lovewell is an accountant specialising in Business Valuation.
As Pablo Fernandez, Professor of Finance at IESE Business School, observed: “Value should not be confused with price, which is the quantum agreed between a seller and a buyer in the sale of a company.” Market price is what someone will pay today. Intrinsic value is what the business is actually worth. The difference between […]
Kevin Lovewell is an accountant specialising in Business Valuation.
“The biggest risk is not taking any risk. In a world that is changing quickly, the only strategy that is guaranteed to fail is not taking risks.” — Mark Zuckerberg These words from one of the world’s most successful entrepreneurs reveal a profound truth: perfectionism has become a sophisticated form of procrastination used by contemporary […]
Kevin Lovewell is an accountant specialising in Business Valuation.
Most business owners treat risk management like dental visits: necessary, but something to postpone. This approach misses a fundamental truth: business risk is not something to eliminate, it is something to navigate with confidence. Every business decision produces an outcome. That outcome may not match your expectations, but it does not mean your decision was […]
Kevin Lovewell is an accountant specialising in Business Valuation.
A business is never just a collection of numbers. To truly understand its value, you need more than spreadsheets; you need to see the business in action. That is why a physical site visit is not just best practice; it is essential for a robust, defensible valuation. What a Site Visit Really Reveals The Power […]
Kevin Lovewell is an accountant specialising in Business Valuation.
As business owners and advisers in the small to medium enterprise sector, we are inundated with advice, some of it well-meaning, some of it simply outdated. One persistent myth is the notion that you will achieve the most growth by relentlessly focusing on your areas of greatest weakness. Yet, experience and research reveal a very […]
Kevin Lovewell is an accountant specialising in Business Valuation.
As a business owner, you are no stranger to uncertainty. The market shifts, competitors evolve, and regulations change. Yet, one constant remains: the need to understand what your business is truly worth and, perhaps more importantly, why it holds that value. Over the years, I have seen far too many owners rely solely on their […]
Kevin Lovewell is an accountant specialising in Business Valuation.
As the end of the financial year rolls around, many business owners find themselves caught in a familiar cycle. The calendar ticks over, compliance obligations are met, and yet, for all the effort expended during the year, there is a lingering sense that something is lacking. If you are waiting for conditions to improve, for […]
Kevin Lovewell is an accountant specialising in Business Valuation.
As business owners, it is easy to view your enterprise as a collection of assets, contracts, and figures. Yet, in my experience having guided clients through successful sales and transitions, I have found that the most valuable businesses are those treated not as static entities (having no personality), but living, breathing organisms. They possess relationships, […]
Kevin Lovewell is an accountant specialising in Business Valuation.
Building upon last week’s discussion of Aswath Damodaran’s insights into the valuation challenges posed by recent tariff shocks, we now turn our attention to the broader implications for Australian small and medium-sized enterprises (SMEs). In today’s volatile global trade environment, tariff changes have become a persistent concern for small and medium-sized enterprises (SMEs) in Australia. […]
Kevin Lovewell is an accountant specialising in Business Valuation.