Abstract

Of all of the businesses in the Nation about .5% could be classified as actively traded, the other 99.5% require special treatment for valuation purposes. A number of the important issues are reviewed, all of which should be understood by all Attorneys who could have clients involved in business valuations. Issues are related to accounting practices, premiums, discounts of various sorts, required return, capitalization rates and proxies for variables not available. Most of the issues are illustrated in a practical valuation. Quantification of a number of the variables is illustrated as well.

Recommended Citation

Dukes, William P. (2006) "Business Valuation Basics for Attorneys," Journal of Business Valuation and Economic Loss Analysis: Vol. 1 : Iss. 1, Article 7.
Available at: http://www.bepress.com/jbvela/vol1/iss1/art7