Valuing a start up business Essay Example | Topics and Well Written Essays - 500 words

Valuing a start up business - Essay Example History forms a very good foundation in evaluating and valuing a business. However, young companies have little or no history; many have only one or two years of data available on operations and financing (Audretsch & Link, 2012). This unavailability of data further compounds the valuation of a start up since data forms the major building block of any business valuation. The amount of data accumulated from the start-up business dictates the ease with which the business can be valued. This means that the duration that a start-up has taken is very important in assessing its value. If a business has existed for quite long it becomes easy to value it as opposed to shortly existed business. Nonetheless, there are a number of alternative approaches that can be used in valuing a start-up business depending on the business in question. Selection of the approach is based on the nature of the business and the market. One of such approach is valuing cash flow from existing businesses. In this approach the cash flow of already established business is evaluated. This will help know the expected return of the business and payback time of the business (Schell & Tyson, 2012). The cash flows of any business is examined using its present, future values and interests. Various ways of measuring cash flows are employed in order to analyze financial instruments like loans, bonds, and dividends. These ways of measuring cash flows are Internal Rate of Return, Net Present Value, Annuities and Perpetuities. They are called time value of money techniques. Perpetuities-These are annuities which last forever under assumption. This means that when valuing company the dividend is considered as a perpetuity. These cash flows grow uniformly throughout the time. Net Present Value- this involves evaluating unequal cash flows, both positive and negative. A time value of money technique can be used in this case to generate the present value of future cash flows. This

Forensic Science and Law Essay Example | Topics and Well Written Essays - 2000 words

Forensic Science and Law - Essay Example If there are no exceptional circumstances, the prosecution should not attempt to introduce such evidence. A judge would also consider whether there were any dissimilar characteristics between the print and that taken from the accused, and the size, quality and clarity of the print relied upon [R v Buckley1]. On the authority of an insp0ector, which can only be given where the officer has reasonable grounds for believing the suspect is involved in a criminal offence and the fingerprints will tend to confirm or disprove his involvement or facilitate the ascertainment of his identity. An authorization may only be given for the facilitating the ascertainment of the person’s identity where the person has either refused to identify themselves or the authorizing officer has reasonable grounds to suspect they are not who they claim to be. Fingerprints may also be taken from a person convicted of a reasonable offence or cautioned, warned or reprimanded in respect of such an offence. Subsection (2) replaces the existing provisions about the taking of fingerprints on the authority of an inspector with a wider power to take fingerprints from any person detained in consequence of his arrest for a reasonable offence. The existing requirements to give a person whose fingerprints are taken without consent reasons for doing so and for recording the reason as soon as practical applies to the new power. This amendment to Section 61 of PACE 1984 will prevent persons who come in to police custody and who may be wanted on a warrant or for questioning on other matters from avoiding detection by giving the police a false name and address. Using Livescan technology, which enables the police to take fingerprints electronically and which is linked to the national fingerprint database (NAFIS), the police will be able to confirm a person’s identity whilst he is still in police detention if his fingerprints have been taken previously.