Membership Benefits
Benefits
IBA's member benefits are designed to provide our members with practical tools to facilitate the performance of appraisal services, improve the quality of appraisal work product and maximize a member's income potential.
By joining the Institute of Business Appraisers (IBA), you will be recognized as a member of the nation's premier society of business appraisers, and will enjoy access to essential resources that are simply not offered by any other professional organizations. More than just an association of professionals, the Institute of Business Appraisers will help you succeed in this exciting specialty business field. Furthermore, your IBA membership serves to reinforce your professional status and lends additional credence to your appraisals.
Market Data
IBA's "Market Database" is the largest database of guideline transactions for valuing mid sized and smaller businesses. The database includes information on over 30,300 sales of closely held businesses in more than 725 SIC Codes. Access to the database is free to IBA members. In an effort to make the use of transaction data more systematic, IBA's founder, Raymond C. Miles, MCBA, ASA, developed the Direct Market Data Method (DMDM), the most readily understood method for valuing mid sized and smaller businesses. The DMDM employs the true theory of the "Principle of Substitution" by analyzing arms length, 100% interest transactions of similar private businesses. IBA is pleased to offer the publication "Introduction to The Direct Market Data Method of Valuing Mid-Sized and Smaller Closely Held Businesses" by Raymond C. Miles, MCBA, ASA, to assist you in understanding the DMDM methodology. See the Publications area of this website for information about ordering this publication.
If you would like to submit transactions to the database, please contact Jason Brown at 954-607-6727 or e-mail jbrown@go-iba.org.
Bibliographic Data File
Thorough research is essential to producing a sound business appraisal. Through constant surveillance of the BV and related industries, IBA continually updates its database of appraisal-related information. The "Sources" database houses over 15,000 BV related references to books, magazine articles, seminar presentations, lectures, and specialized "who knows" files of experts. Searches of the database are conducted on request by subject and/or industry. Members may request searches by contacting IBA's Technical Director. This service is available exclusively to members at no cost.
Technical Inquiry Service
IBA's industry-unique "How-to Hotline" connects members who have questions to staff or members who have answers. Members with technical, ethical or other questions related to business valuation may contact IBA's Technical Director, who will initiate that member's contact with a topic expert. This assistance is available exclusively to IBA members at no cost.
Newsletter
The IBA News is sent free to all members six times a year. This newsletter highlights technical issues, industry news, marketing and practice aids, and keeps members posted on events within IBA. Surveys ask for your feedback on how we can enhance the value of your IBA membership. Special "thank you" offers for members who contribute market data are also found in the newsletter.
IBA Research Service
IBA provides top quality research support, specifically designed to meet and exceed the needs of all IBA members. Typical reports encompass detailed information about national and regional economic conditions affecting your subject company, industry-specific economic factors, and short-term forecasts for industry growth. Each report can be custom-tailored to a selected date of record, and will be delivered via hard copy, plus email or fax. This service is available to IBA members for $795.
Web Site
IBA on-line at http://www.go-iba.org is designed to be a resource for the users of BV services and IBA members. The website contains an "On-Line Directory" of all IBAÂ members, articles related to business valuation, upcoming events at IBA, member surveys, and IBA's educational offering descriptions and schedules.
Annual Conference
The IBA/NACVA Annual Consultants’ Conference is the highlight of the year for IBA members. Held at a major resort destination, the conference provides two days of lecture presentations by industry leaders on real-world topics. Also included are focus group sessions for discussion of cutting-edge issues in a moderated round-table setting, half-day courses on topics such as malpractice avoidance and capitalization rates, and the chance to network with colleagues and preview products and services. Conference rates are discounted to members.
Marketing Tools
Your membership entitles you to a variety of marketing tools which you may use to develop your appraisal practice. These include brochures and news releases for submission to local periodicals or distribution by direct mail. We also have a prepared speech for you to give local business and charitable organizations.
Referral Program
IBA receives calls frequently from people who require business valuation services requesting contact information for business appraisers. IBA headquarters staff supplies the names of CBAs in their geographical area or with the expertise requested. Many of these referrals have resulted in substantial assignments for these CBA members.