BV Basics: A Business Owner's Guide to Business Valuation

This guide is an invaluable tool for business owners to gain a general understanding of the valuation process. Having a general understanding of how valuations work and the specifics of your company provides you with a unique insight that allows you not only to work from a reasonable starting point, but also to focus on the factors that ultimately cause the value of your business to grow. More
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About Robert Carter

Robert W. Carter, M.S., CPA, CVA, CFE, CEPA is the senior manager of the Litigation, Forensics, & Valuation Services Department of Hertzbach & Company, P.A., a regional accounting firm. He graduated from Stevenson University with a Bachelor of Science in Business Administration and has earned a master’s degree focusing in Accounting and Business Advisory Services from the University of Baltimore. Mr. Carter is a Certified Public Accountant, Certified Valuation Analyst, Certified Fraud Examiner, and a Certified Exit Planning Advisor. For over a decade he has specialized in business valuations for a variety of tax, litigation, financing, and transaction advisory purposes. Additionally, he performs succession planning and value growth advisory services for business owners transitioning from the role of owner into the next stage of their lives. These services focus on maximizing business value as well as preparing owners both personally and financially to successfully transfer their businesses.

Mr. Carter is currently the President of the Maryland/DC chapter of the National Association of Certified Valuators and Analysts, serves on the Advisory Council of the Association of Certified Fraud Examiners and the Accounting Advisory Board for the University of Baltimore and teaches courses for Stevenson University in their graduate forensic studies programs. In addition, he develops and teaches business valuation courses for the National Business Institute and the National Association of Certified Valuation Analysts and has taught seminars in conjunction with national banking entities as well as regional universities and local trade organizations.

Furthermore, Mr. Carter has been recognized by numerous local and national entities and named one of the “40 Under Forty” by the CPA Practice Advisor and the National Association of Certified Valuators and Analysts and a “Top 10 Public Accounting Professional Rising Star” by the National Academy of Public Accounting Professionals, received the “Maryland’s Finest” designation by the Cystic Fibrosis Foundation of Maryland, and won a CFA Institute Baltimore/Washington Regional Equity Research Challenge.

For any questions, contact Mr. Robert (Rob) Carter at:

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