Every business owner confronts the same dilemma during uncertain economic times: how do we increase prices when the market is exhibiting the same fear, uncertainty, and doubt that we feel as costs continue to climb relentlessly? The conventional wisdom suggests freezing prices during a recession is the safe option, perhaps even reducing them to maintain […]
Kevin Lovewell is an accountant specialising in Business Valuation.
The pandemic fundamentally altered how businesses operate, and consequently, how they should be valued. Yet many business owners remain unaware of how these changes have affected their enterprise worth, positively or negatively. Consider this: when did you last examine how your lease arrangements, supply relationships, or customer inquiry patterns have evolved since 2020? If you […]
Kevin Lovewell is an accountant specialising in Business Valuation.
As a professional business valuer adhering to International Valuation Standards, I have witnessed the transformation of family law business valuations through single expert witness appointments. This approach delivers substantial cost savings whilst eliminating adversarial battles between competing experts, creating a more collaborative environment where accurate valuation methodology takes precedence over partisan advocacy. Courts Favour Independent […]
Kevin Lovewell is an accountant specialising in Business Valuation.
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.