The logic and framework under which business valuations are carried out is through the determination of the income generating potential of the business. TAL then in carrying out business valuation looks at how the resources available to the business are likely to generate income into the future (i.e. the value of the firm’s future income flow). The resources include human, machinery, land, capital, equipment and goodwill.
Alongside with Valuation Trace Associates also carries out Coding and Preparation of Fixed Assets Register. Depending on the needs of our clients, we design and prepare Code Systems, carry out coding by either Free Hand ,Cut Stencil, Dymo Printed Stickers, Computerized Stickers or bar Codes. The FAR prepared by TAL has the following features:
Fixed Asset Register prepared by TRACE Associates offers comprehensive, flexible, affordable and user friendly system that works well with automation.
Property Management/Land Administration in modern real estate business is a highly technical specialty that entails entrusting one’s property to a professionally qualified firm or person whom then runs it for a consideration. Property management and estate agency in general are still in their infancy in Tanzania. The reason is that during the socialist era, the practice was regarded capitalistic and henceforth frown upon. Most of the big estates were either acquired or developed by the government through its parastatal arm and were managed by in- house staff.
Africa is the fastest growing Foreign Direct Investment (FDI) market in the world. From 1990-2013 FDI inflows in to Africa increased 19 fold – from $ 3 billion to # 57 billion. This has opened the door for great opportunities and forward looking South African companies have in recent years bolstered their profits and their growth by expanding into Africa. Many now claim to have ‘African knowhow’ – an understanding of how businesses and governments work in this continent.
“The approach adopted by most of them,” said CEO of the Trace Associates Limited experts The Valuator Group, “is to insist now that the home must be valued at its true market value. This has led many home-owners to expect that the rates and taxes they are asked to pay will accurately reflect the rise in the home’s market value. For example, if the valuation has risen by 40% they expect their rates and taxes also to be approximately 40% higher. Experience has, however, shown that this is often not the case and that the revised increase is far greater than the market value would appear to justify.”