TENET is a Vancouver-based boutique valuation and financial advisory firm. We provide cost-effective business valuations and advisory services for individuals, SMEs (small and mid-size enterprises) and publicly-listed companies.
Before starting TENET Valuations, William led the valuation practice in one of the top 10 largest accounting firms in BC. William is a member in good standing with CPA Canada and the CBV Institute, having designations with both governing bodies (CPA, CA and CBV). William also serves as Treasurer and Board Member of the Collaborative Divorce Vancouver Society, BC committee member of the Canadian Institute of Chartered Business Valuators, and as a course instructor for the Program of Studies under the Canadian Institute of Chartered Business Valuators.
TENET provides purchase price allocations (PPA) and impairment analyses for private companies and publicly-listed entities for year-end financial reporting purposes. These will include an analysis of the intangible assets that were acquired in a business combination (or asset acquisition) and an assessment of any impairments at the company’s fiscal year-end reporting date. TENET works closely with the company’s auditors to minimize delays over the company’s filing requirements.
TENET provides business valuation, guideline income (in accordance with the provisions of the Federal Child Support Guidelines and Spousal Support Advisory Guidelines) and loss quantification reports to assist legal professionals in a dispute setting. Situations involving these services include matrimonial disputes, commercial litigation and shareholder disagreements. William has qualified as an expert witness in the Supreme Court of British Columbia and has provided expert testimony for such litigious matters.
Business Valuations and Financial Modelling
TENET assists business owners, shareholders and prospective buyers in quantifying the value of the subject company and assists management in deriving reliable forecasts for internal planning and/or capital financing.
For potential purchase or sale of a company, a business valuation enables the prospective buyer to provide a reasonable offer for the business; a valuation also enables the business owner to set an expectation on what they can receive upon the sale of the company.
Business valuations also assist owners in ownership succession, tax and estate planning to satisfy the Canada Revenue Agency (CRA) in the requirement of a “fair and reasonable” value on filing.
Financial models assist the management team in providing insight to the company’s cash flows for the near and long-term outlook and allows the management team and owner(s) to mitigate uncertainty and operating risks. William has assisted founders in capital funding rounds notably in the tech industry (from seed to series A to C) and business owners in raising capital from national banks for working capital and large acquisitions (i.e. expansionary growth).