Weekly Reading Reflections #luckynumber13

Opinions on Chapter 14: Valuation of Entrepreneurial Ventures from Kuratko's Entrepreneurship



The main thing that stood out to me was the myriad of variables that factor in to the valuation of your business venture. There are so many ways to look at it and explain how much your venture is worth, and depending on who computes it; it could be drastically different.

I get how the book explained P/E and Term Sheets, but these two things seem more complicated then how it was drafted. I still am not sure how to properly prepare and use LOI's but I can do my own independent studying i suppose.

Questions:

"Is this a procedure mostly handled internally or do most businesses prefer to hire consultants?"

"How much is Cengage valued at?"

Eh as far as I know the author is correct on his terms and methods described.