Valuation Rules of Thumb
- Tags:
- Finance,
- Glen Cooper,
- Investment,
- Productivity,
- Valuation
- Source:
- Glen Cooper
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Overview: Article discusses that the business brokers use rules of thumb every day to help sellers put price tags on their businesses. Such "rules" are very useful tools for appraising nearly every small business. They can be used to cut through the confusion. But, rules of thumb are only rough descriptions of reality. They are gross simplifications. In that sense, they are 'dumb'. When misunderstood and misapplied, they are even dumber! Read further why and how these rule of thumb are used.
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Format: HTML | Date: Jan 2003 | Pages: 1
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