With less resources to dedicate to cyber security attacks, small businesses are especially vulnerable to these threats. According to the National Small Business Association, one in five small businesses will face a cyber security attack, with the average attack costing a business $9,000. Unfortunately, the majority of small businesses do….
What Was the Enron Scandal? At one point in history, Enron was one of the most powerful companies in the United States. The Houston, Texas based energy company was applauded for its expansions and ambitious projects, earning the title of “America’s Most Innovative Company” by Fortune for six consecutive years….
While every business valuation is different, struggling businesses do face unique challenges during the evaluation process. There is no one magic formula to decide the value of a company, these numbers are based on both qualitative and quantitative factors, which is further complicated by a failing company. A distressed company….
No company, big or small, is completely immune from cyber security threats. This current day and age, marked by the booming popularity of e-commerce, means that business owners and individuals rely on computers for everyday communication, sales, banking and more. Unfortunately, fraud can hit small businesses much harder than large….
The estate of the “King of Pop”, the late Michael Jackson, was part of one of the most anticipated United States Tax Court decisions in recent memory. In a 271 page opinion, Estate of Michael Jackson v. Commissioner, T.C. Memo 2021-48, the court sided with Jackson’s estate, offering a big….
For both public and non-public companies, a business valuation indicates how much that company is worth according to the market, which includes market participants and investors. However, a public company has shares that are traded on the stock exchange and the shares for a private, or non-public company, are not…..
The Business Valuation Department at Ellrich, Neal, Smith & Stohlman, P.A. is thrilled to announce the hiring of a new Valuation Analyst, Matthew Cornell. With a Bachelor of Science in Mechanical Engineering from Rensselear Polytechnic Institute School of Engineering and a Master of Science in Finance from Georgetown University, Matthew….
When making the decision to invest in real estate it is crucial to understand the difference between eminent domain and inverse condemnation. Eminent domain is when the government or another agency uses compensation through a legal process to acquire private property. Inverse condemnation is the opposite of this process and….
The coronavirus pandemic has given business owners and entrepreneurs a different perspective on how to navigate the “new normal” of business relations. As uncertainty and volatility continue to plague business dealings of all kinds, many wonder where business valuations fall into the mix. Financial markets and the global economy have….
Cybersecurity threats are something that individuals, companies, and governments have been dealing with since the 1970s. As digital infrastructure continues to advance, cybersecurity measures must develop accordingly. Modern cyberattacks have become increasingly sophisticated, easily bypassing even some of the most robust cyber defenses. With this in mind, cybersecurity experts have….