Insider's Corner Q&A: Rob Schlegel, ASA, MCBA

IBISWorld catches up with Rob Schlegel of Houlihan Valuation Advisors to find out firsthand what's going on within his industry

IW:  What challenge do you and Houlihan Valuation Advisors face right now?

RS:  We struggle with proper valuation analysis during the economic recession and the slow, but on-going recovery.  Market metrics fluctuate widely during periods of economic uncertainty, creating opportunities for value, but also magnifying risk.

IW:  How does IBISWorld help you overcome this challenge?

RS:  IBISWorld  is one of our key information sources for industry analysis.  The insights are timely, and offer a quick source of information for the business appraiser that is necessary to derive valuation judgements of potential risks and rewards of investment.  

IW:  What do you foresee happening in your industry within the next year?

RS:  The demand for business appraisal services will continue to grow throughout 2012, both for value in exchange (merger & acqusitions, tax related, etc.) and for financial reporting (fair value).  International issues including cost of capital are increasingly becoming important considerations.

IW:  Tell us something interesting about yourself:

RS:  I enjoy playing ragtime piano.  My gigs, however, are usually for the local nursing homes where most of folks are nearly deaf.

Rob Schlegelis the Principal at Houlihan Valuation Advisors, a full service business valuation firm with multiple offices throughout the US, providing financial advisory, economic strategy, and litigation support services to companies across a wide range of industries.  He's also currently the International President of American Society of Appraisers.