1 min read. In business valuations, there can be confusion regarding the standards of value (or definitions of value) for clients or non-valuation professionals. Different standards of value result in different values for a business. So which standard of value to use? It depends on the purpose of the valuation and your answer to “value to whom?”. It can be seen that the choice of exit options and the likely transaction at exit have a significant impact on value. For example, by definition, Fair Market Value (FMV) is the hypothetical price a willing buyer and willing seller, with mutual knowledge of all […]
Daily Archives: June 25, 2021
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