Often clients come to us seeking a valuation with an output in mind that is at odds with the purpose of the valuation and its intended use. A key contributing factor to this is the increased use and prevalence of automated valuation tools. Automated tools serve a very different purpose to why most business owners come to an advisor.
In this first video, part of a series on valuation, Chand Chudasama discusses why this is and how automated tools differ from bespoke approaches, with a specific look at why enterprise value may not be the most useful valuation metric.
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