Valuing Small Businesses and Professional Practices

by Shannon P. Pratt, Robert F. Reilly, Robert P. Schweihs

The classic bestseller on estimating the value of small businesses and professional practices is fully updated and enhanced. While continuing to take readers step-by-step through the valuation process, it now features timely new or significantly revised chapters on valuation for estate plans, employee stock ownership plans, and corporate partnership dissolutions/buyouts. Along with case studies, it also offers greatly expanded coverage of data sources and their availability to small businesses.

Genres: Nonfiction, Business

936 pages, Hardcover

First published December 31, 1986

About the author

Dr. Shannon P. Pratt, CFA, FASA, ARM, ABAR, MCBC, CM&AA, is a well-known authority in the field of business valuation and has written numerous books that articulate many of the concepts used in modern business valuation around the world. He is Chairman and CEO of Shannon Pratt Valuations, Inc., a business valuation firm headquartered in Portland, Oregon. He is also a member of the board of directors of Paulson Capital Corporation, an investment banking firm that specializes in small cap IPOs.

Dr. Pratt is the author of Valuing a Business: The Analysis and Appraisal of Closely Held Companies (5th edition, 2007), and the co-author of Valuing Small Businesses and Professional Practices (3rd edition) published by McGraw-Hill. He is the co-author with Roger Grabowski of Cost of Capital: Applications and Examples (2008), the co-author with Jay Fishman and William Morrison of Standards of Value, author of The Market Approach to Valuing Businesses (2nd edition), Business Valuation Body of Knowledge, Business Valuation Discounts and Premiums, and co-author with the Honorable David Laro of Business Valuation and Taxes: Procedure, Law and Perspective, all published by John Wiley & Sons, and The Lawyer's Business Valuation Handbook, published by the American Bar Association. He is also co-author of Guide to Business Valuations (17th edition), published by Practitioners Publishing Company.

* Source: Shannon Pratt Valuations website

Reviews

[Benjamen Ober · Rating 3 out of 5]

A very comprehensive reference. Repetitive and incredibly dry. Feels like this could have been half the length. Do not read straight through. The preface said to use as a reference book. I ignored this and read cover to cover. Don’t do that. Looking back, this was a sub-optimal use of time.