I recently read the article, “The 5 Stages of Valuation”, that compares the phsycological character of our clients that receive a declining business valuation to the character outlined in the “Five Stages of Grief”.
The current economic environment has presented unprecedented circumstances for members of the business valuation profession. Those who perform valuations for financial reporting are grappling with issues surrounding impairment, market capitalization versus fair value determinations, reasonable rates of return, and active versus distressed and inactive markets, to name a few.
