Part I
What Business Valuation Means
In this part . . .
Many people think that business valuation is all about getting to a price for a business, and thatâs certainly a big part of it. But we think that valuation is the central concept of what makes a business a business â and that very few people really understand it. In this part, we discuss the reasons valuation happens in a business, and we introduce the accounting concepts in the process. Most importantly, we discuss valuing business ideas.
