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In previous articles we discussed various liquidity alternatives In previous articles we discussed various liquidity alternatives and how to prepare for a liquidity event. This article focuses on one liquidity alternative, the divestiture, and discusses factors that are critical to making the process effective, ensuring optimal outcomes are achieved.

An effective divestiture process needs to accomplish the following:

When you are running a restaurant, it can be easy to focus on the food and hospitality and brush off accounting as a secondaryWhen you are running a restaurant, it can be easy to focus on the food and hospitality and brush off accounting as a secondarytask. Like any business, however, you are looking to gain and maintain a profit, and good accounting systems are crucial in orderensure your success. Here are our tips to help you on your way:

Once it is determined that an independent valuation is needed, business owners and legal advisors are often unsure what thedeliverable should be to meet their needs. When a Chartered Business Valuator (CBV) is engaged to act as a valuation expert wherethere is an expectation of independence, the CBV typically provides an expert report containing an independent professionalconclusion. In doing so, the CBV exercises significant professional judgment and employs his/her experience and independentresearch. Valuation reports prepared on objective basis are defined by the Canadian Institute of Chartered Business Valuators(CICBV) as follows:

Whether in theatre, music, television or film, surrounding yourself with a good administrative team is vital, and one of the many key roles is that of production accountant. As the one who coordinates your budgets, grants, financing, team pay and all contingencies, your production accountant is central to your projects’ success and profitability.