Tax Talk Podcast
A monthly podcast with a wide range of guests focused on helping Canadian small business owners make decisions surrounding incorporation, growing their business efficiently, and implementing successful succession, estate planning & tax planning strategies.
Tax Talk Podcast
How to Value Your Business | Justin Lamb | EP 028
On this episode, Jared chats with Justin Lamb.
Justin is a Chartered Professional Accountant, Chartered Business Valuator and a founding partner with Jones & Lamb LLP.
Since 2014, Justin has been working in the field of financial litigation support and business valuation. In early 2022, Justin and his business partner, Mark Jones, started Jones & Lamb LLP in Edmonton, AB.
Jones & Lamb LLP was founded with the vision of creating value through innovation. They strive to provide value by blending subject matter expertise with their data science and programmatic toolkits, creativity and by striving to make the complex appear simple.
Some of the topics discussed in the episode:
🎙️ How can I adjust my business so it is run in a way that is consistent with how an arm’s length party would run it?
🎙️ What’s the difference between redundant and operational assets?
🎙️ Am I overvaluing my operation?
🎙️ How do I make the appropriate adjustments in valuing my operation?
🎙️ Are there additional costs that a potential buyer could expect in the future that aren’t reflected in my financial statements?
🎙️ What do my financial statements show about the value of my business?
🎙️ Do you have any tips for small business owners who are thinking about selling their business?
If the listeners want to touch base with Justin, you can find him through the following links:
Justin Lamb
Jones & Lamb LLP
780-554-4323
#podcast #TaxTalkPodcast #SmallBusiness #reddeer #alberta #valuation #litigation #financials #cbv #cpa
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Music: English Breakfast, Jobii from Epidemic Sound
https://www.epidemicsound.com/track/7emX18vZqh/
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