There is no “correct” value for a business. Since valuation is based on assumptions, two people rarely come to the same conclusion. Therefore, value is determined through a negotiation process driven by the motivations and assessment of the buyer and seller.
Theeraphap Aunyanuphap joins Dr. Andrew Stotz, CFA to share his insights about Asian Family Business. Theeraphap is an independent family business consultant who helps families pass on the future of the family and business to the next generation.