by Ian Smith | Jun 8, 2014 | Valuation
Plato the Greek philosopher, is credited with the quotation: Beauty is in the eye of the beholder. Valuing something is truly a personal affair. Take my house pictured above. Last month it came to the market, at what my wife and I and our realtor believed was a fair...
by Ian Smith | Aug 30, 2012 | Valuation
There is a simple rule that operates in the valuation of companies but it works for almost anything. Buyers perceive value. Vendors aspire to price. Only a buyer of a business can place an individual value on it. It’s a very personal value from a buyer with only...
by Ian Smith | Apr 29, 2011 | How Much is My Business Worth, Pricing, Valuation
Kelley Blue Book for second hand companies doesn’t exist but hopefully this post will explain how a buyer thinks when valuing acquisition targets. Basically you need to establish some key facts and understand the basic formulas used, recognizing that each sector will...