2025-205: Best Practices: Valuing Small Businesses – The Capitalized Cash Flow Method

2025-205: Best Practices: Valuing Small Businesses – The Capitalized Cash Flow Method

**Webinar 205: Live Broadcast Date: September 9, 2025, 1:00-3:00 pm ET**

VPS STRAIGHTtalk Webinar Series:

Speakers: Jim Hitchner, CPA/ABV/CFF & Greg Saunders, CPA/ABV/CFF, ASA

Description:

Join Jim Hitchner and Greg Saunders as they delve into the complexities of valuing a small business using the Capitalized Cash Flow (CCF) method. This session will explore the question of choosing the CCF method versus the DCF, as well as its reliability and how to defend it. Do not miss this opportunity to enhance your financial acumen and make informed decisions in your valuation practices!

Learning Objectives:

Using a detailed case study (including report language), the participant will learn:

• • How to apply best practices in the CCF method
  • How to defend this method
  • How to select the proper level of reliability of this method

Webinar Outline:

• Level of reliance on a CCF method
• CCF, DCF, or both?
• Risk analysis and adjustments – discount rate, margins, or growth
• Earnings vs. cash flow
• Financial information
• Normalization adjustments
• Excess compensation
• Weighting of historical earnings
• Minority vs. control cash flows
• Direct to equity vs. invested capital applications
• Depreciation, capital expenditures, and working capital assumptions
• Normalizing debt
• Supporting a long-term growth rate
• Dealing with high, short-term growth in a CCF method
• Real vs. nominal growth rates
• Perpetuity growth – yes, or no?
• Sensitivity analyses and sanity checks
• Weighting and reconciling values

 Handouts:

• VPS Webinar slides
• Related articles
• Sample report section
• Following the webinar, attendees will have access to a video recording of the program

With our simple flat pricing plan, your entire office (up to 20 people) can join us for this 100-minute presentation, earn two hours of CPE credit, and receive an archive recording for $299. Contact jkern@valuationproducts.com if your firm will have more than 20 attendees.

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Program Level: Intermediate
Delivery Method: Group/Internet based
Prerequisites: Basic understanding of business valuation concepts
CPE Credits: Two 50-minute CPE hours / Field of Study: Specialized Knowledge
For more information on CPE credits, refund policies, and complaint resolution visit our CPE page at www.valuationproducts.com/cpe.html.

Note to our loyal repeat customers:  We are partnering with the Virginia Society of CPAs to update and streamline our webinar process.  As a result, the instructions for registering and accessing the webinar have changed. Please download and read these instructions carefully.