Valuing a business as a buyer: Be careful
You will find a variety of different organizations that sponsor valuation experts of all stripes. Some will have many capital letters after their names but may not yet have acquired substantial experience in the marketplace on a practical level. Some will be able to deal with the numbers but will fail to explain what it is they're doing or how they're doing it. If you can't understand the method they've used, the valuation will have little significance for you. And, don't forget: You're the person who counts. Many people think the dollar value of the business is the keynote. The…