RCReports is currently conducting a study to find out the challenges, needs, and current practice of business valuators when determining and defending reasonable compensation, Paul Hamann, the firm’s founder and president, tells BVWire. The study will examine the amount of time business valuators currently spend on determining reasonable compensation, the processes and technology they employ, and how defensible their determinations are to legal challenges. Please participate in this study by taking just 10 minutes to complete a survey at rcreports.typeform.com/to/EMpxsM. All participants will receive a copy of the published report in July 2019.
RCReports is a cloud-based software application designed to quickly calculate accurate and defensible reasonable compensation for closely held business owners. Its wage database covers hundreds of industries and thousands of job descriptions and provides users with robust and independent data on which to base a client’s reasonable compensation.