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?
Surely Valuing a Business: The Analysis and Appraisal of Closely Held Companies is among the must-read books for every entrepreneur. Bravo Shannon P. Pratt, Alina V. Niculita!
piccolino25 GuptaToronto
Valuing a Business: The Analysis and Appraisal of Closely Held Companies ebook is a good option. I wouldn`t recommend to buy a hardcover, but for me the digital version worked well. Shannon P. Pratt, Alina V. Niculita is a top-level prefessional!
Amelie_1998 London
Shannon P. Pratt, Alina V. Niculita thank you so much for this book! Valuing a Business: The Analysis and Appraisal of Closely Held Companies is incredibly insighful!
Andrew2001 Houston
As of 2026-08-24, 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 _2001NY
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!!!
thegreenone CoxBerlin
I really enjoyed this book - Shannon P. Pratt, Alina V. Niculita did an awesome job! Probably Valuing a Business: The Analysis and Appraisal of Closely Held Companies is the best book I read last years
Jack SmithTX
Thanks Shannon P. Pratt, Alina V. Niculita - the book PDF is insightful and definitely makes sense.