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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….
Our team is proud to announce ENSS’s expansion into Central Florida with the opening of our new office in Orlando. The expansion will be led by shareholder and long-time team member Keith E. Gardere, CPA/ABV. Our Orlando office will allow us to better serve our clients in that market and….
The common assumption is that a business valuation is just a business valuation. The reality, however, is that there are two distinctive categories that a valuation comes in: conclusion of value and calculation of value. When a business valuation expert is engaged to provide professional services, they are providing one….
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….
On both a national and global scale, the COVID-19 pandemic has had a major economic impact. From restructuring to closing shop altogether, businesses both large and small have had to make adjustments to reflect the new current normal. Globally, mergers and acquisitions have felt a true material impact of the….
A business valuation is the process used to evaluate the economic value of the owner’s interest in their business. While many business owners only receive a valuation when absolutely needed, it can be very beneficial to be proactive with business valuations, especially when planning for the future. Here are the….
From balance sheets to income statements and from cash flows to retained earnings, financial statements are essential to any entity. Evaluating financial activities means using these financial statements to unveil where a company is, how it compares to past successes, and possibly where it has the capacity to go in….
Research estimates that more than 66 percent of companies lack any type of formal succession plan for their organizations. But in today’s fast-paced, constantly-evolving markets, establishing a succession plan is critical for success in the present and in the future. Massaging talent to eventually fill leadership roles means positioning a….
Organizations across every industry tend to have an “if it’s not broken, don’t fix it” attitude towards their business processes and workflows. Successful companies, understandably so, are hesitant to rock the boat in creating new methods both internally and externally. Change is difficult in any department – from marketing to….
Business owners come in all shapes and sizes. For some, building a company from the ground up is the essence of entrepreneurship. For others, however, the thrill of entrepreneurship comes from the ability to buy an existing business and grow (or save) the company. Generally speaking, the process of buying….
Ellrich, Neal, Smith & Stohlman, P.A. was formed in 1988. Based in northern Palm Beach County, Florida, we serve clients throughout the state. The firm’s original founders are W. David Ellrich, Jr. and Becky B. Moore.
