Why levels of value matter – Defining the appropriate basis is key
Abstract: A business may have more than one value, depending on the purpose of the appraisal and the characteristics of the ownership interest. Confusion over levels of value may lead to misinformed business decisions. This article lists some different levels of value, such as control, minority marketable value and minority nonmarketable value. The article points out the importance of discussing all the options and making an informed decision under the guidance of an experienced valuation professional.