Sunday, April 10, 2016

Week 13 Reading Reflection

Week 13 Reading: Kuratko Chapter 14

The biggest surprise for me in this chapter was just how important it was to have an accurate value of the business that is free from emotional bias. I knew that business valuation had to be done when you have or want a business, however I never really thought about how big of a role it played. Part of the reading that was confusing to me was the adjusted tangible book value. Two questions I would ask the author would be, “How can a company get an accurate life expectancy of the business, when there are so many variables to consider?” and “Are there shortcomings to larger enterprises?” So far, most of the concepts in this chapter is new to me so I don’t really know if there is anything to disagree with for right now.

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