The business valuation book : proven strategies for measuring a company's value /
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| Author / Creator: | Gabehart, Scott, 1961- |
|---|---|
| Imprint: | New York : AMACOM, American Management Association, c2002. |
| Description: | xxv, 309 p. ; 27 cm. + 1 CD-ROM (4 3/4 in.) |
| Language: | English |
| Subject: | |
| Format: | Print Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/4781231 |
Table of Contents:
- Foreword
- Abbreviations
- Introduction
- 1. Overview
- Introduction to the ARM Approach to Business Valuation
- What Are the Goals of Our Journey?
- How Will We Reach Our Goals?
- From Classical Valuation to the ARM Approach
- The Final Stretch
- Appendix. Overview of CD-ROM Materials
- Useful Valuation-Related Web Sites
- 2. Introduction to Classical Business Valuation
- Why Value a Business?
- Different Market Segments Related to Business Valuation
- Generally Accepted Valuation Principles (GAVP)
- Valuation Versus Appraisal
- Initial Steps in the Valuation Process
- The Basics of Classical Valuation Methods
- 3. Overview of the ARM Approach
- Essence of the ARM Approach
- Valuation Process of the ARM Approach
- If at First You Don't Succeed
- ARM Approach Questionnaire
- 4. Business Valuation Through the ARM Approach, Part I
- Practical Nature of the ARM Approach
- Adjusted Cash Flow
- Importance of the ACF Calculation
- ACF and Other Cash Flow Applications
- Business Valuation
- Appendix. Example of an Income Approach Valuation Method: The Snowden Technique
- 5. Business Valuation Through the ARM Approach, Part II
- Introduction to Rules of Thumb
- Overview of Rules of Thumb
- General Factors Affecting Rule of Thumb Results
- ACF Multiples Versus Gross Revenue Multiples
- General After-Tax Rules of Thumb
- Valuation Factors Affecting Larger Businesses
- Compiling Rules of Thumb
- Concluding Remarks About Rules of Thumb
- Use of Market Comparable Sales Data
- Comparing the Guideline and Comparable Methods
- Applying the Market Comparable Methods
- Applying the Guideline Public Company Method
- Complete List of Possible Market-Based Valuation Techniques
- Summary Caveats Regarding Market Data Methods
- Other Sources of Market Comp Data
- 6. Impact of Terms, Conditions, and Taxes for Valuing Businesses
- Important Terms and Conditions That Affect Price
- Terms, Conditions, and Market Comp Data
- Asset Sale Versus Stock Sale
- Important Role of Taxation for Business Valuation
- Allocation of Purchase Price
- Tax Planning Tools for Optimizing Business Value
- Detailed Analysis of Various Terms and Conditions
- Sources of Tax Information
- Important IRS Rulings (Revenue Rulings) and Court Cases
- 7. Fractional Interests and Discounts
- Minority and Marketability Discounts
- Analysis of Marketability Discounts
- Concluding Remarks
- Hypothetical Example of Multiplicative Discounts
- 8. ARM Approach Case Study and Words of Wisdom
- ARM Approach Case Study
- Case Study Information
- Overview of the Subject Company
- Business and Industry Analysis
- Financial Analysis
- Economic Analysis
- Valuation Analysis
- Final Comments
- Glossary
- Index
- About the Authors