As an employee of a small business,DeMonte has observed the owner's desire to retire.Since DeMonte would like to buy the business,he needs to determine how much the business is worth.In order to determine a fair price for the business,DeMonte should add up the market value of all of the firm's physical assets such as buildings,machinery,equipment,and inventory,and willingly pay this amount for the business.
A fair value for a business depends not only on what the firm owns,but also on what it earns and what makes it unique.

Question

Quizplus · Accepted Answer

A fair valuation of a business should consider not only its physical assets but also its earnings potential, market position, and intangible assets like brand value and customer relationships.

As an Employee of a Small Business,DeMonte Has Observed the Owner's