When I was in the second grade, a car struck me and sent me flying 117 feet in the air. The survival from this accident was due collectively to the combined prayers and diligence of family, friends, doctors, and a community filled with LOVE. I learned to walk again late in the third grade. In […]

What is Revenue Ruling 59-60?

The Internal Revenue Service (“IRS”) issued a Revenue Ruling in 1959 that to this day serves as the benchmark guide for valuation professionals to follow in their work. The revenue ruling was the 60th revenue ruling made in 1959. Thus, the ruling became known as Revenue Ruling 59-60. The elements we examine during valuations adhere […]

What is EBITDA?

Many practitioners in business, finance, accounting, and valuation circles make reference to EBITDA; a metric that is both intriguing and controversial. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company’s pre-tax operating cash flow before deductions for capital expenditures or debt service requirements. EBITDA is a common […]

Letter To Potential Clients

I hope today finds you well and happy. My Texas-based business valuation practice has expanded and is doing business in the Wake Forest / Raleigh North Carolina area. Van Amburgh Valuation Associates, Inc., dba VAVA Inc. now has 18 months of business activity accomplished in North Carolina. The next step is to reach out to […]

The Value of Math #1

The Value of Math

Did you know that 73 is the perfect number? 73 is the 21st prime number: 2,3,5,7,11,13,17,19,23,29,31,37,41,43,47,53,59,61,67,71,73. The mirror image of 73 is 37, the 12th prime number: 2,3,5,7,11,13,17,19,23,29,31,37. The mirror image of 12 is 21, which is the product of multiplying 7 and 3 (Remember good old 73). … and in binary code (base 2), […]