7 critical business valuation terms you should know

Description

Abstract: Every business owner will likely need to have his or her company appraised at some point. Appraisals are essential in the event of a business sale or merger, for creating or updating a buy-sell agreement, or for devising and refining an estate plan. A good way to preempt the uncertainties of the appraisal process is to learn some basic valuation terminology. This article provides seven terms business owners should know. (Updated: 6/11/12)