What is Investment Value? Investment value is the amount of money an investor would pay for a piece of property. It refers to an asset’s specific value based on certain parameters. Investment value represents an individual’s measurement of the asset’s property value. Potential investors often adopt an investment value metric when they decide to invest…
What are Valuation Principles? Business valuation involves the determination of the fair economic value of a company or business for various reasons such as sale value, divorce litigation, and the establishment of partner ownership. Image: CFI’s Business Valuation Modeling Course. Key Principles of Business Valuation The following are the key principles of business…
What is a Chartered Business Valuator (CBV)? Chartered Business Valuator (CBV) is the designation assigned to Canadian professionals by the Canadian Institute of Chartered Business Valuators (CICBV). The CBV designation denotes an individual with experience and expertise in the financial valuation of a business. Learn more at cicbv.ca. Image: CFI’s Business Valuation Modeling Course. Diving Deeper…
What is Paper Wealth? Paper wealth refers to an individual’s or company’s wealth, measured by assets that are listed on paper. In other words, paper wealth is a speculated amount of wealth, determined as the money that could potentially be generated when the assets of an individual or company are sold. Paper Wealth vs. “Real”…
When to Use “To Whom It May Concern”? Although the phrase “To Whom It May Concern” was a popular introductory greeting in the traditional workplace, the term has since become outdated in the modern setting. The emergence of new communication trends such as the internet and online address books has made it easier to find…
What is a Curriculum Vitae? A curriculum vitae, often abbreviated as CV, is a document that job applicants use to showcase their academic and professional accomplishments. It is used to apply for positions within areas where a person’s specific knowledge or expertise is required. A curriculum vitae is usually longer than a resume and must…
What are Resume Skills? The resume skills required in the financial services job market are rapidly increasing and growing in complexity. This is due, in part, to the technological advancements that make companies lean toward the latest tech tools that make tasks easier to manage. However, the challenge is the increasing skill gap between what…
What are Resume Power Words? Resume power words are words or phrases that help a job applicant’s resume stand out from the rest. They are usually action words that are striking and help describe tasks and responsibilities that were handled in past jobs. Additionally, the words highlight the suitability of the applicant for the job,…
What are Professional References? Professional references are persons who can vouch for your qualifications for a job based on their insight into your work ethic, skills, strengths, and achievements. Typically, a professional reference is a former employer, client, colleague, teacher, supervisor, etc. References may provide correspondence that serves as a proof of service, length of…
What is a Cover Letter? A cover letter is an official letter expressing interest in a position at a company when applying for a job. It is an integral part of the job application process. Though it usually accompanies the resume or curriculum vitae, it is not always required. Despite this, a cover letter is…
