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10 Minute Tuesday | How the Current Economy Impacts the Value of Your Business
Businesses that can successfully navigate the ups and downs of the economy hold greater value. With escalating inflation and interest rates, many economists predict little to no economic growth next year. Do you know how this will impact the value of your business? In this session, we will briefly discuss economic predictions for 2023, detail how economic changes affect the three individual business valuation methods, and provide business owners with steps to prepare for success in the midst of adversity.

Presented by:
Scott J. Scheef, CPA, CVA
Partner, HBE LLP

Scott Scheef has over 10 years of experience in providing services related to various privately owned and commercial companies, including taxation, consulting, and valuation work. As a Certified Valuation Analyst, Scott also works with clients for succession planning, buy-sell consultation, and estate planning. He currently leads the firm’s Construction Industry. Scott has previously held multiple treasurer positions within the community and is a current board member for Construction Accounting Network.


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