Business Valuation of Small & Medium Enterprises (SMEs)

Overview

Learn how to perform business valuation using a valuation process adopted by professional business valuers in the industry and to assess the value of businesses and companies by applying the various valuation approaches and the relevant methodologies

In today’s competitive and innovation driven corporate environment, as SMEs seek to expand their business, companies need to have a strategic outlook, be innovative in developing products, possess market development capabilities, and exhibit operational excellence in execution, amongst other things. In addition to the entrepreneurial aspects, to be successful, the company will also need to learn how to navigate effectively in the corporate and professional space, particularly in the areas of fund raising as well as mergers and acquisitions, which will have an impact on its growth journey. Business valuation plays an important role in this aspect. The company will need to identify the value drivers of the business, understand their role in value creation, determine the value created, and communicate this value to the relevant stakeholders. 

  • Learn how to perform business valuation using a valuation process adopted by professional business valuers in the industry.
  • Learn how to assess the value of businesses and companies by applying the various valuation approaches and the relevant methodologies
  • Learn how to determine the value of SMEs having considered the peculiar issues pertaining to such enterprises and entities.
  • Learn how to prepare a valuation report in line with international valuation standards for communication with relevant stakeholders.
Next Course Starts On 16 Aug 2018 (Thu) See Full Schedule
Fee
SGD2800.00
* Learn more
Duration

16–17 Aug 2018 (2 days)

Level
Basic
Venue

Singapore Management University

Learning Objectives

Upon completion of this programme, the participants should have a sound understanding of valuation theory, coupled with practical skills in business valuation. The main objectives are to develop the ability to: 

  • understand the important role that valuation plays in the financial and corporate world; 
  • differentiate various definitions and premises of value and their implication to the valuation outcome;
  • understand international valuation standards and valuation guidelines, concept of value, principles of valuation, and their application to the conduct of valuations; 
  • adopt a valuation process which is undertaken in a transactional environment and acceptable in legal jurisdiction; 
  • perform business valuation through the application of the various valuation approaches/methodologies commonly used by practitioners and arrive at an outcome that is theoretically sound and legally defensible in practice; 
  • identify the various issues and challenges when conducting valuation;
  • distinguish between various discounts and premiums applicable to valuation and appropriately apply them in valuing minority interest, private companies etc., and
  • learn practical skills, tools and techniques to perform valuation of SMEs and prepare credible reports in real life scenarios in line with international valuation standards.

Topics/Structure

This programme is designed for the valuation of SMEs. It will provide participants with the conceptual framework, which will include the fundamental principles, basis of valuation, valuation context and an insight into the valuation landscape, standards adopted internationally and across various jurisdictions. An in-depth study of the valuation process, approaches and methods of business valuation adopted in the market place to determine the value of businesses and companies will be carried out.  Specifically, practical insights into issues and challenges affecting the value creation of SMEs will be explored in depth. This includes the focus on areas such as, the role of intellectual property in SMEs, the contributors to future economic benefits (e.g. growth and margins), factors that affect the state of the business in this new era, the strategic and operational readiness of the business, delineation of ‘personal’ and ‘commercial’ considerations, nature of goodwill in the business etc.  
Essentially, this programme will provide the participants with an appropriate framework and knowledge base to identify and recognize the value drivers of SMEs, to appreciate the value creation process, and to learn how business valuation is carried out for SMEs in a practical sense. The end result is to enable the participants to determine the value of an SME’s business that is theoretically acceptable, and legally defensible in the market place.

Who Should Attend

Professionals who work with SMEs, owners of businesses, CFOs, finance managers, controllers, anyone working in SMEs who is interested in understanding business valuation for SMEs.

Assessment

The programme will end with an assessment to evaluate your learning and understanding.

Fees and Funding

SGD 2,800 (excl. GST)

* Fee is subject to change. GST applies to individuals and Singapore-registered companies.
* SkillsFuture Credit can be used for this programme. Please click here for more details. Eligible for Singapore Citizens aged 25 and above.

Schedule

Start Date(s)
Intake Information

16–17 August 2018

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