Valuation of Social Businesses

Learn how to assess enterprise value with consideration for how impact risks and returns of a business model interact with financial performance.

Pre-register now Or Download the brochure

4 hours of e-learning

Beginner to intermediate level

Downloadable Valuation templates

Social businesses aim to contribute to solving sustainability challenges whilst achieving positive financial results. This reality calls for investors and entrepreneurs capable of calculating a fair valuation, taking both financial cash flows and impact value creation into account. In this practical course, you will discover the key valuation methods and approaches, identify the role of investors’ cost of capital, their investment horizon and position on the impact finance spectrum as well as the implications of different impact business models. The course provides a step-by-step, easy-to-follow and fun approach to learning an essential investment skill.

Who’s this course for?

This course is designed for entrepreneurs, finance professionals and advisors eager to explore the relationship between financial and impact value creation. You will particularly enjoy this course if you are working within a business, an investment fund, a foundation, or advisory firm. Basic financial and accounting knowledge is sufficient to take the course.

Learning goals

What you will learn

Get a firm grasp on how to use mainstream enterprise valuation approaches
Assess how impact risks and returns interact with financial value
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
Appreciate the current barriers to fully integrated impact-financial value

Valuation of Social Businesses

Course modules

Why social businesses should be valued differently

Discover what it means to fairly value a social business, the risks of poorly valuing a venture and introduce why the valuation of a social business is different from a start-up venture. Gain insights into entrepreneurs' and investors' perspectives on the valuation process.

Relationship between financial and impact risks and returns

Get an introduction to the risk-return framework and the role of impact in it. Learn how impacts and financial results are related based on examples of impact business models showing trade-offs or locksteps.

Social business value drivers

Learn about the unique ways in which social business revenue streams affect the financial valuation before delving into elements driving efficiency in the cost structure of impact enterprises. Get practical insights from social entrepreneurs and impact investors on the peculiarities of impact business models.

Impact investment strategies: the role of cost of capital and instruments

Get introduced to the role of the cost of capital of a fund and its implication for social business valuations. Delve into the financial flows from capital owners to impact enterprises and the practical implications of different fund structures and use of financial instruments.

Valuation methods

Learn about the valuation methodologies such as multiples, comparable transactions and Discounted Cash Flows based on step-by-step guidance, practical examples and actionable templates. Discover do’s and don’t and best practices, and apply your learnings in practical exercises.

The future outlook for social business valuation

Discover the barriers to perfect integration of impact value and financial value and the key opportunities ahead for entrepreneurs and investors. Be introduced to the potential of blockchain for valuation as well as rising impact valuation techniques.

Pre-register now Or Download the brochure

Together with leading experts

The European Center for Social Finance was established to provide best practices and knowledge sharing regarding the financing of 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.

Secure your early-bird seat for a symbolic €

Target release date:
15 August, 2023

What's the early bird benefit?

Delivery mode | Valuation of Social Businesses

Choose the delivery that works best for you

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Autonomous package

This learning experience fits your busy working schedule and allows you to learn at your own pace from wherever you are. Access a neat online course structured around bite-sized videos and a wealth of resources that guide you in the valuation of social businesses.

Pre-register now

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Social package

Spice up your learning journey by blending the online course with a set of two interactive sessions with the trainer and a group of peers. The sessions offer you an opportunity to meet and share experiences with like-minded peers, ask burning questions to the trainer and dive deeper into specific valuation issues.

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Any questions?

Contact Timothy

CO-FOUNDER

Did you know that 92% of our course takers are satisfied? That’s why we boldly guarantee that our courses will not let you down. Contact me in case you have any questions about our courses.

Contact Timothy

CO-FOUNDER

Did you know that 92% of our course takers are satisfied? That’s why we boldly guarantee that our courses will not let you down. Didn’t get what you expected from the course? Let us know and get a full reimbursement up to 15 days as an Autonomous Learner, or up to 5 days as a Social Learner.

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.

9. When can I start the course?

The e-learning is accessible 24/7, which means that you can start right now and complete the course at your own pace over a period of 365 days.

Valuation of Social Businesses

Learn how to assess enterprise value with consideration for how impact risks and returns of a business model interact with financial performance.

Who’s this course for?

What you will learn

Course modules

Why social businesses should be valued differently