Social Business Valuation

Learn how to assess the enterprise value of impact ventures with consideration for how impact risks and returns interact with financial performance.

Beginner to intermediate

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Social businesses aim to contribute to solving sustainability challenges whilst achieving positive financial results. This reality requires investors to be capable of calculating a fair valuation, taking both financial cash flows and impact value creation into account.

In this practical course, you will refresh the key valuation methods and approaches, understand the role of investors’ cost of capital, the investment horizon and position on the impact finance spectrum as well as the implications of financing different impact business models. The course provides a step-by-step, easy-to-follow approach to learning an essential investment skill.

What You'll Learn

Get a firm grasp on how to use mainstream enterprise valuation approaches

Recognise the main implications of impact business models on revenues and costs

Identify the role and importance of properly defining an investor’s cost of capital

Articulate the argumentation for an integrated valuation

Apply lessons learned in a case study with peers and the expert

Course Modules

Session 1: A Fair Valuation

The first session will set the scene, cover key terms and introduce the entrepreneur’s and investor’s perspective on the valuation process. We will discover what it means to fairly value an impact venture and discuss progressive practices.

Self-paced online module: Mainstream Valuation Techniques

In between the live sessions, you’ll be invited to refresh mainstream valuation techniques. This 1H self-paced module allows participants to progress at their own speed. Thanks to an impact venture valuation case study, templates and databases for multiples, you’ll be well-prepared to put gained knowledge into practice.

Session 2: Impact Venture Value Drivers

In the second session, we will untangle the relationship between financial and impact performance and delve into impact trade-offs and alignment in the business model of impact ventures.

Session 3: Integrated Valuation

In the final session, we will discuss the link between P&L, balance sheet and valuation and dive into a role play to practise your learnings based on a case study. We will wrap up with a future outlook on upcoming methodologies, influencing the space in the years ahead.

Delivery Options

Booking for myself
or a few colleagues
Booking for my team

Join 3 interactive sessions with an accredited trainer and a group of like-minded peers and access 1h of self-paced course material. The hybrid package will help you confidently progress in your ability to integrate impact in valuation while giving you the opportunity to share experiences, expand your network and delve deeper into topics of interest.

April 2024

April 8 (10:00-11:00 CEST)
April 12 (10:00-12:00 CEST)
April 25 (10:00–12:00 CEST)

The Team offer blends theory, practical case studies, break-out conversations and interactions with the expert to move the needle in your organisation.

Choose your preferred delivery format (e.g. live in-person/online or hybrid)

Schedule flexibly based on your team’s agenda

Live session content tailored to different profiles in your team

Dedicated learner success management

Let's talk!

Our Expert Trainers

The training is developed with the European Center for Social Finance, a boutique expert on financing social services and social innovation.

Dr. Wolfgang Spiess-Knafl works on the development of the social finance market in Europe since 2016. He has advised and trained dozens of investors and entrepreneurs on deal-making and valuation. He previously worked at Morgan Stanley and completed his doctoral studies with a focus on social finance.

Discover the Trainers

Related Insights

Tying Financial Remuneration of Fund Managers to Impact

Missing Middle Challenge – How Can Impact Investors Make It Less ‘Missing?

Career Guide: The Competence Framework for Impact Investment Analysts

FAQs

Frequently Asked Questions

Can't find the answer to your question? Contact us on support@efiko.academy.

1. What are my payment options?

We offer different secure payment options: from Credit card payment to PayPal or Bank transfer. Upon registering for the course you will be guided to a secured checkout page where you will be able to indicate your preferred payment method.

2. Can I request an invoice?

Yes, you can request an invoice at support@efiko.academy before or after your purchase of the course. Please make sure to provide us with your company name, tax number and headquarter address.

3. What will be the language of the course?

The e-learning is delivered in English. The e-learning course includes English subtitles.

4. Can I sign up for a course with my team or department?

Sure, reach out to support@efiko.academy if you wish to take the course with several colleagues, partners or other constituencies.

5. How secure are the payments made on Efiko?

Every transaction on Efiko is performed and secured using Stripe, an international reliable payment processor.

6. Can I pay even if my native currency is not the Euro?

Efiko Academy is located in Europe and its official currency is therefore the Euro (€). This does not mean that you cannot pay with another currency. Stripe, our payment processor, offers payments in 130+ different currencies. PayPal also allows you to make a transfer using a vast array of currencies. In case you encounter any issues or have any questions about this topic, please contact us at support@efiko.academy.

7. Can I get reimbursed in case I’m not satisfied with the course?

Yes, we do offer reimbursement on the course in case you’re not satisfied with it. The reimbursement applies following these conditions:

a) Up to 15 calendar days after you enrolled on the course;
b) The guarantee applies up until you consume 20% of the course content.

8. Is this a course for beginners or experts?

This course is mainly designed to train beginners to intermediate-level impact finance practitioners. The complexity of the content increases with every chapter, but many examples, exercises and case studies will help you build self-confidence and a deep understanding of each dimension of the curriculum.

Let’s Talk!

We are here to empower you or your teams in adopting sound sustainability practices. Contact us if you wish to discuss your needs and explore suitable solutions.