How much a small business is worth can be difficult to determine, but when a business is about to change hands, a fair and objective valuation is crucial to the sale. The Small Business Valuation Book, 2nd Edition is an invaluable resource for business owners or buyers looking for accurate small business appraisals. This completely revised and updated book outlines the major valuation methods, including: * Discounted cash flow * Excess earnings * Asset value * Income capitalization This edition includes completely new material on: * Exploring the 8 myths of business valuations * Using the Internet for research * And advice on start-ups and first generation service businesses With The Small Business Valuation Book, 2nd Edition, appraising a business has never been easier--or more accurate! AUTHOR: Lawrence W. Tuller (Berwyn, PA) has owned and operated thirteen companies. He is a graduate of Harvard University and the Wharton School and holds a CPA certificate. For nearly fifteen years he has operated a business consulting practice, specializing in strategic planning, finance, and various aspects of international trade for small and mid-size business clients.