The best method for valuing a business is to use established rules of thumb.

Name: The best method for valuing a business is to use established rules of thumb.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While rules of thumb can be helpful for estimating the value of a business, they should not be the sole method used for valuation. Other methods such as the income approach, market approach, or asset-based approach should also be considered and tailored to the specific business being valued.

The Best Method for Valuing a Business Is to Use