Special Expertise Valuation
Special expertise or special skill labor which is basically anything that requires specific and specialized knowledge for example labor skill. This also can be called “Know-How” that sticks with/attached to each person, affecting the production as well as service. Therefore, special expertise is one of the factors that influence the purchasing of business which can be an intangible asset that is part of the business. In this case, if the businesses are able to prove that they have this kind of asset, the special expertise valuation can be made in order to obtain the appraised value for example if the company have the employment contract with someone who is an expert on that specific thing which can be individual or group of people. Hence, when it comes to transferring the business from an old to a new owner with significant evidence, special expertise valuation also can be presented in a fair form.