The word value means different things to different people. Even to the same person, value means different things in different contexts, as we discussed in the previous section.
Without carefully defining the term value, the conclusions reached in the valuation report have no meaning.
Is the objective of the valuation to estimate fair market value, market value, fair value, true value, investment value, intrinsic value, fundamental value, insurance value, book value, use value, collateral value, ad valorem value, or some other value?
From the professional point of view there`s nothing new in Valuing a Business: The Analysis and Appraisal of Closely Held Companies. But at the end of the day, Shannon P. Pratt, Alina V. Niculita made it extremely engaging and motivating!
Lawrence H. LazcovitzTX
Thanks Shannon P. Pratt, Alina V. Niculita - the book PDF is insightful and definitely makes sense.
Christine SummersNY
Well, the "Valuing a Business: The Analysis and Appraisal of Closely Held Companies"" PDF is not the easiest one to read, neither it`s a simplest one to understand. Although, it`s a MUST!
Alex W. Alex W.California
As of 2025-02-22, I suppose that Valuing a Business: The Analysis and Appraisal of Closely Held Companies by Shannon P. Pratt, Alina V. Niculita is still among the best books in its niche. Brilliant!
Jenny Putz _2001Los Angeles
1) Must read. 2) Must read. 3) Must read. P.S. Many thanks Shannon P. Pratt, Alina V. Niculita for this book - Valuing a Business: The Analysis and Appraisal of Closely Held Companies is simply the best!!!
clar Melbourne
WOW. "Valuing a Business: The Analysis and Appraisal of Closely Held Companies"" is a really good one on this topic. Honestly, haven`t read any other books from Shannon P. Pratt, Alina V. Niculita, but he seems to be real genius!
