Ownership

        It is important to note the distinction between the operations of a business and the ownership of that business.  

           In many small businesses, the needs of the business and the needs of the ownership are intertwined.  However, Ownership can change and the business still function without interruption.   This is particularly true in larger corporations where owners are frequently not active in the day to day activities of the business.  Ownership issues include providing capital, protecting the assets, and expecting a return from the investment.  The ownership interests are represented by the board of directors.  It is the owners who benefit from any increase in value of the business as well as the possibility of distribution of profits. 

Valuation 

         There are as many ways to value a company as there are reasons to value it.  It is important for someone with an ownership interest to realize that there can be a wide difference between the values established by various interests.  In some cases the most aggressive valuations can be several times higher than the least value.   Common approaches to valuation include:

Book Value
Tangible Book Value
Appraised Value
Excess Earnings Value
Liquidation Value
Replacement Value
Start up Value
Enterprise Value
Capitalized Revenue
Capitalized Earnings
Capitalized Pre-tax Earnings
Capitalized Cash Flow
Stock Price Capitulation
Similar Market Capitalization
Discounted Cash Flow
Leveraged Buyout Evaluation
Combination Value with another Enterprise

        Anyone interested in buying or selling a company or its stock should be aware of the differences that the way the company is valued can make a huge difference on the value of ownership.  

Protective Services

        Protective services are also important for the value of ownership, since they directly affect the assets of the corporation.  Protective services  include copyright protection, proactive legal advice, Franchise protection, trademark, business opportunity protection and defense of legal claims of all kinds.   In general, these matters affect what the owners claim as assets.  

        Renewal & Crisis Management has extensive contacts throughout the United States and Canada that can provide specialized expertise relevant to both Valuation and Protective services. 

        As a result of the many turnaround projects in which he has been involved, Richard Johnson has had the opportunity to oversee court cases in five states in County, District, State, Federal, Bankruptcy, and Maritime Courts, including several trips to the appeals courts.  Almost all were settled in favor of the interests he represented.  For a summary of his experiences relevant to protective services, click on his name above, or go to the section on Resumes.