I am a principal in American Business Appraisers, a firm specializing in business valuation and machinery & equipment appraisal services. Since 1994, I have performed valuation services for variety of businesses and purposes. I have served as an expert witness in litigation matters, spoken at various local and national venues and had numerous articles published regarding business valuation issues.

As an appraiser, I am a member of the American Society of Appraisers (ASA) and have been serving on their Business Valuation Education Committee since 2013.

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Organizations/Boards/Committee Service

American Society of Appraisers (Education Committee Member, 2013-Present)

American Society of Appraisers (Education Committee Chairperson 2013-2021)

American Society of Appraisers (Business Valuation Committee Member 2013-2021)

International Society of Business Analysts (Executive Advisory Committee Member 2013-2021)

International Society of Business Analysts (Education Board Member 2013-2016)

American Society of Appraisers (Strategic Planning Committee Member 2013-2019)

American Society of Appraisers (National 2012 ASA BV Conference Chair)

Institute of Business Appraisers (Board of Governors Member 2011-2013)

National Association of Certified Valuators & Analysts (2012 Conference Co-Chair BV)

Institute of Business Appraisers (QRC -AIBA Qualification Chairperson 2003-2011)

Institute of Business Appraisers (Education Board – Chairperson 2009-2011)

American Business Appraisers National Network (Managing Partner 2008-2010)

NEBB Institute

Institute of Certified Business Counselors (President 2005-2006)

Optimist Club (President 1992)

Arizona Business Brokers Association

Estrella Rotary Club

Peacock Toastmaster (President 1998)

Professional Designations

Accredited Senior Appraiser “ASA” in business valuation – American Society of Appraisers (2009-present).

Certified Machinery & Equipment Appraiser “CMEA” – NEBB Institute (2004 – retired certification 2020).

Business Certified Appraiser “BCA” – International Society of Business Appraisers (2013 – retired certification 2022).

Master Certified Business Appraiser “MCBA” – The Institute of Business Appraisers (2011-retired certification 2017).

Certified Valuation Analyst “CVA” – National Association of Certified Valuators and Analysts (2013 – retired certification 2016).

Accredited in Business Appraisal Review “ABAR” – The Institute of Business Appraisers (2010-retired certification 2014).

Certified Business Appraiser “CBA” The Institute of Business Appraisers (2003-retired certification 2011).

Accredited by Institute of Business Appraisers “AIBA” – The Institute of Business Appraisers (1999 – retired certification 2003).

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Member

American Society of Appraisers

International Society of Business Appraisers

American Business Appraisers National Network

Arizona Business Brokers Association

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Present Committee Service

Education Chair – American Society of Appraisers, Business Valuation Committee

International Education Committee Member, American Society of Appraisers

Business Valuation Committee Member – American Society of Appraisers

Advisory Board Co-chair – International Society of Business Appraisers

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Past Committee Service

ASA-BV Education Chair 2013 – 2021 American Society of Appraisers

Conference Chair 2012 – American Society of Appraisers Advance Business Valuation Conference

Conference Co-Chair 2012 – National Association of Certified Valuators & Analysts

Qualifications Review Committee (AIBA) Chair – Institute of Business Appraisers

Board of Governors Member – Institute of Business Appraisers

Education Board Member – International Society of Business Appraisers

American Business Appraisers National Network (Managing Partner 2008-2010)

Institute of Certified Business Counselors (President 2005-2006)

Peacock Toastmaster (President 1998)

Optimist Club (President 1992)

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Business Valuation Course Author

American Society of Appraisers, three-day course BV101 Basic Fundamentals of Business Valuation, May 2021.

American Society of Appraisers (ASA) three-day course IBV212 International Introduction to Business Valuation – Income and Market Approaches to Value, September 2017.

American Society of Appraisers, Education Chairperson for the Business Valuation Committee, revising Principle of Valuation Courses BV201, BV202, BV203 and BV204 (fiscal years 2014-2015).

International Society of Business Appraisers three-day Level Two – Advanced Techniques course, April 2013.

International Society of Business Appraisers three-day Level One – Valuation Essentials course, March 2013.

The Institute of Business Appraisers (IBA), three-day “Comprehensive CBA Workshop”, August 2011.

NACVA’s one-hour Webinar “Fundamentals of Understanding Financial Information”, July 2011.

The Institute of Business Appraisers Bridge Business Valuation (3) one-hour Webinars co-developer, August 2010.

The Institute of Business Appraisers 8004 Five-Day Course “Comprehensive Certified Business Appraiser Workshop”, Course Co-Author, June 2010.

The Institute of Business Appraisers 8003 Five-Day Course “Introduction to Basic Business Valuation”, Course Co-Author, January 2010.

NEBB/SBA Institute (3-day course) Business Valuation 300 Series, Course Author, February 2009.

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National Instructor

I have been a national business valuation instructor since 2001. The following organizations I have been an instructor for:

American Society of Appraisers

International Society of Business Appraisers

Institute of Business Appraisers

Consultant’s Training Institute

National Association of Certified Valuators & Analysts (NACVA)

Arizona Business Brokers Association

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Awards/Recognition’s

2012 “Instructor of Exceptional Distinction” – National Association of Certified Valuators and Analysts.

2010-2011 “Instructor of the Year” – The Institute of Business Appraisers.

2010 “Instructor of Exceptional Distinction” – National Association of Certified Valuators and Analysts.

2010-2011 “Volunteer of the Year” – The Institute of Business Appraisers.

2009-2010 “Distinguished Member” – Tthe Institute of Business Appraisers.

2009 “Instructor of Great Distinction” The Institute of Business Appraisers.

2009 “Achievement Award” – NEBB Institute.

2008-2009 “Instructor of Great Distinction” – The Institute of Business Appraisers.

2005 “Volunteer of the Year” – The Institute of Business Appraisers.

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Publications

“Determining Reasonable Compensation using RCReports Data”, Business Valuation Update Journal, September 2019.

“Altman’s Z-Score Models Revisited”, Business Valuation Journal, International Society of Business Appraisers, 2017.

“An Analysis of Discount For Lack of Marketability Models and Studies”, Business Appraisal Practice, Institute of Business Appraisers, 3Qtr. 2011

“Discount for Lack of Marketability – Comparative Analysis, Business Appraisal Practice, Institute of Business Appraisers, Summer Edition 2011.

“Market Multiples for Closely Held Businesses”, Institute of Certified Business Counselors, September 2006

“Z-Score Risk Analysis Tool”, Business Appraisal Practice, Institute of Business Appraisers, Fall 2004.

“Common Errors in Business Valuation Reports”, Institute of Certified Business Counselors, June 2004.

“Can the Same Assets Be Worth Different Amounts”, Institute of Certified Business Counselors, March 2004.

“Valuing a Professional Practice”, Chiropractic Today, August 2003.

“Protecting Integrity and Objectivity”, Institute of Certified Business Counselors, November 2002.

“Anatomy of Building a Business Appraisal Practice”, Business Appraisal Practice, Institute of Business Appraisers, Fall 2002.