The Market Approach to Valuing Businesses

Shannon P. Pratt

390 pages, parution le 06/01/2006 (2^eme édition)

Ajouter à une liste

Indisponible

Résumé

Your Best Approach to Determining Value

If you're buying, selling, or valuing a business, how can you determine its true value? By basing it on present market conditions and sales of similar businesses. The market approach is the premier way to determine the value of a business or partnership. With convincing evidence of value for both buyers and sellers, it can end stalemates and get deals closed. Acclaimed for its empirical basis and objectivity, this approach is the model most favored by the IRS and the United States Tax Court-as long as it's properly implemented.

Shannon Pratt's The Market Approach to Valuing Businesses, Second Edition provides a wealth of proven guidelines and resources for effective market approach implementation. You'll find information on valuing and its applications, case studies on small and midsize businesses, and a detailed analysis of the latest market approach developments, as well as:

A critique of US acquisitions over the last twenty-five years
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 help you avoid being blindsided by a litigation opponent

Must reading for anyone who owns or holds a partial interest in a small or large business or a professional practice, as well as for CPAs consulting on valuations, appraisers, corporate development officers, intermediaries, and venture capitalists, The Market Approach to Valuing Businesses will show you how to successfully reach a fair agreement-one that will satisfy both buyers and sellers and stand up to scrutiny by courts and the IRS.

L'auteur - Shannon P. Pratt

Shannon P. Pratt's reputation in the field of business valuation is legendary and unparalleled. As managing owner of Business Valuation Resources, LLC, he is the Editor in Chief of the monthly newsletter Shannon Pratt's Business Valuation Update. He oversees BVLibrary.comSM, Economic Outlook Update®, Pratt's Stats, and BVMarketData.comsm, which includes BIZCOMPS, Mergerstat/Shannon Pratt's Control Premium Study, the FMV Restricted Stock Study, and the Valuation Advisors' Lack of Marketability Discount Study. He has authored several industry standard books, including Valuing a Business: The Analysis and Appraisal of Closely Held Companies; Valuing Small Business and Professional Practices; Cost of Capital: Estimation and Applications (Wiley); and Business Valuation Body of Knowledge (Wiley). Pratt formed Willamette Management Associates and is presently an independent consultant on business valuation.

Sommaire

List of Exhibits
Foreword
Preface
Acknowledgments
Notation System Used in This Book
Introduction
Defining Market Multiples and Market Approach Methods
Finding and Analyzing Comparative Market Transaction Data
Compiling Market Value Tables and Reaching a Value Conclusion
Sample Market Approach Cases
Important Aspects of Using the Market Approach
Appendixes
Index

Voir tout

Replier

Caractéristiques techniques

	PAPIER
Éditeur(s)	Wiley
Auteur(s)	Shannon P. Pratt
Parution	06/01/2006
Édition	2^eme édition
Nb. de pages	390
Format	16 x 23,5
Couverture	Relié
Poids	819g
Intérieur	Noir et Blanc
EAN13	9780471696544
ISBN13	978-0-471-69654-4