• Litigation Consulting - QuickRead Top Story

    When Credentials Aren’t Enough: Lessons from the Exclusion of a Highly Qualified Damages Expert

    May 20, 2026

    A well-seasoned and highly educated CPA walked into federal court to present a lost profits analysis. He walked out of the courthouse completely excluded from testifying. This article recounts why he was excluded and lists a number of lessons one can glean from the case because having one or more credentials will not save one from exclusion. A CPA with more than 25 years of experience walked into federal court to present a lost profits analysis. He held the ABV, ASA, and CFP designations. In addition, he held a master’s degree in taxation and had decades of experience at major…

  • QuickRead Top Story - Valuation/Appraisal

    SBA SOP 50 10 8: Updated Valuation Guidance for 7(a) and 504 Loans (Effective June 1, 2025)

    October 22, 2025

    SOP 50 10 8 provides specific thresholds and scenarios dictating what type of valuation is required and by whom for 7(a) and 504 loans. Valuation professionals including CVAs, CPAs, and other appraisers should understand these guidelines to ensure their appraisals meet SBA standards. All requirements cited here are drawn directly from this SOP. Effective June 1, 2025, the U.S. Small Business Administration’s (SBA) SOP 50 10 8 (Lender and Development Company Loan Programs), brought important updates and clarifications to business valuation requirements for 7(a) and 504 loan programs. Valuation professionals including CVAs, CPAs, and other appraisers should understand these guidelines…

  • QuickRead Top Story - Valuation/Appraisal

    SBA 7(a) and 504 Loans: How Business Valuations Drive Smarter Lending Decisions

    April 30, 2025

    This article provides a case study that highlights the methodology behind SBA-compliant business valuations. The article underscores the importance of grounding the analysis in standard valuation techniques, using reliable industry benchmarks, and properly documenting adjustments. The role and value of business appraisers to the lender and parties involved in a potential SBA-financed transaction is also discussed. Business valuations play a vital role in SBA financing. For both 7(a) and 504 loan programs, an independent business valuation is typically required in the following situations: The total financing amount (including SBA loans, seller financing, or other funding sources) exceeds the appraised value…

  • QuickRead Top Story - Valuation/Appraisal

    Business Valuations

    April 28, 2021

    for SBA Lending Programs Despite the pandemic, the number of small businesses started continues to increase. This article discusses the various Small Business Administration (SBA) programs and the value of serving these lenders. “Success is a full-time job.” Grant Cardone Any entrepreneur or a small business owner would agree that running a successful small business is a full-time job. To run it well requires an enormous commitment of time and dedication. Over the last few years, the number of small businesses in the United States has continued to climb up. In fact, according to the U.S. Small Business Administration (SBA),…

  • QuickRead Top Story - Valuation/Appraisal

    FAQ Interpretations

    January 20, 2021

    Non-Litigation #2 and Litigation #4 The NACVA’s Standards Board was formed to continually review the organizations’ standards and to ensure that the NACVA’s Professional Standards remain up to date, relevant, and relatively consistent with the standards of the other professional organizations. This article addresses the second Non-Litigation and the fourth Litigation FAQ Interpretations published by the NACVA. [su_pullquote align=”right”]Resources: NACVA Professional Standards Standards FAQ Library [/su_pullquote] Business valuation/appraisal standards are promulgated by different business appraisal organizations. The NACVA’s Standards Board was formed to continually review the organizations’ standards and to ensure that the NACVA’s Professional Standards remain up to date,…