In Support of Unsupportable Rates

5 (2 votes)

A business appraisal is written based both on facts and the appraiser’s judgment. The Excess Earnings Method requires a blend of both in its application. This article describes one way of blending the appraiser’s judgment with known facts to explain how and why the two key rates required were selected.

Shawn Hyde


International Society of Business Appraisers

Shawn Hyde, CBA, CVA, CMEA, BCA has over 20 years of valuation and appraisal experience in numerous industries. He is a Certified Business Appraiser, Certified Valuation Analyst, Certified Machinery & Equipment Appraiser, and a Business Certified Appraiser. He has written and taught courses for the Institute of Business Appraisers (IBA), the National Association of Certified Valuators and Analysts (NACVA), and the International Society of Business Appraisers (ISBA). He has served on the IBA’s Education Board, and the IBA’s Board of Governors, and is a past Editor in Chief of the IBA’s professional journal, Business Appraisal Practice.

Paul R. Hyde


Paul R. Hyde is an Accredited Senior Appraiser (ASA) in Business Valuation, Real Property, and Machinery & Equipment, a Certified General Appraiser in Real Estate, and he holds the Designated Member of the Appraisal Institute (MAI) designation. Paul R. Hyde is the only appraiser to hold the ASA professional designation in Business Valuation, Machinery & Equipment, and Real Property (confirmed by ASA in November 2017). Paul appraises all sizes of businesses from large private businesses for Employee Stock Ownership Plans (ESOPs) to small mom and pop businesses for divorces, a wide variety of machinery and equipment, virtually all types of real estate and livestock. Paul has taught classes for a variety of organizations in business valuation, investments, tax planning, and small business management. Paul works full time in the business, machinery & equipment, and real estate appraisal field.


In Support of Unsupportable Rates
Open to download resource.
Open to download resource.