Your Best Approach to Determining Value If you're buying, selling, or valuing a business, how can youdetermine its true value? By basing it on present market conditionsand sales of similar businesses. The market approach is the premierway to determine the value of a business or partnership. Withconvincing evidence of value for both buyers and sellers, it canend stalemates and get deals closed. Acclaimed for its empiricalbasis and objectivity, this approach is the model most favored bythe IRS and the United States Tax Court-as long as it's properlyimplemented. Shannon Pratt's The Market Approach to ValuingBusinesses, Second Edition provides a wealth of provenguidelines and resources for effective market approachimplementation. You'll find information on valuing and itsapplications, case studies on small and midsize businesses, and adetailed analysis of the latest market approach developments, aswell as: A critique of US acquisitions over the last twenty-fiveyears An analysis of the effect of size on value Common errors in applying the market approach Court reactions to the market approach and information to helpyou avoid being blindsided by a litigation opponent Must reading for anyone who owns or holds a partial interest ina small or large business or a professional practice, as well asfor CPAs consulting on valuations, appraisers, corporatedevelopment officers, intermediaries, and venture capitalists,The Market Approach to Valuing Businesses will showyou how to successfully reach a fair agreement-one that willsatisfy both buyers and sellers and stand up to scrutiny by courtsand the IRS.
The book is aimed at the seasoned professional, but will also be invaluable to students as they apply their academic knowledge to the real world of valuation and M&A. About the author: SETH BERNSTROM is a Director at the Valuations practice ...
In this book, the different steps of this valuation approach such as the selection of comparable companies or the choice of the reference variables are discussed.
In this book, the different steps of this valuation approach such as the selection of comparable companies or the choice of the reference variables are discussed.
This updated edition features timely, comprehensive coverage on: Strategic acquisitions Extensive empirical data Pre-IPO marketability discount studies Merger and acquisition negotiations, empirical evidence from completed transactions, and ...
This guide on valuation methods focuses on three global approaches: the asset-based approach, the fundamental or DCF approach, and the market approach.
Exam Review and Professional Reference Shannon P. Pratt ... for 14-year terms • Almost always follows federal rules of bankruptcy procedure along with local bankruptcy rules (LBRs) in accordance with local rules of the district courts, ...
The Market Approach to Valuing Businesses, Exam
"The best valuation book just got better. This edition's greater emphasis on what drives value and how to measure it will improve the way practitioners conduct financial analysis and, ultimately, make strategic decisions.
To be used in conjunction with an in-house training program or simply for independent study and reference, the Workbook: Includes questions and exercises that typically appear on accreditation exams Covers the most frequently encountered ...
The Workbook includes multiple choice, true or false, and fill-in-the-blank questions as well as: * Exercises estimating cost of capital by the build-up model and the Capital Asset Pricing Model * Exercises using Ibbotson Associates' Stocks ...