With this insightful and authoritative resource, author Gregory R. Caruso explains to readers why valuing small and very small businesses is different from valuing larger ones. He also describes, in practical and concrete detail, how to do it effectively. The Art of Business Valuation: Accurately Valuing a Small Business is written in a straightforward and accessible style. Throughout the entire book, the author consistently applies a basic question to each of the business valuation methods he investigates: Does this make sense? Market, asset, and income approaches to business valuation are all discussed in detail, as is the valuation of partial interests in small businesses and goodwill in a small business. The author also comprehensively examines common small and very small business accounting issues and details that should not be overlooked by business valuators assisting small business buyers and sellers. Finally, and especially valuable to the small business owner and advisors, The Art of Business Valuation includes a detailed description of how a business valuation should be reviewed and critiqued. There are many books about business valuation, but nearly all of them focus on medium- to large-sized companies. By keeping the focus on small and very small businesses, this book provides a one-of-a-kind resource for anyone required to put a number to the worth of their business. It provides indispensable advice with respect to which of the commonly used valuation approaches and methods work for small and very small businesses. This work also includes two websites that contain related materials including calculations, checklists, and sample reports demonstrating concepts from the book. The book is perfect for both new and experienced business valuators, certified public accountants, business analysts, business owners, small business attorneys, and business brokers. It belongs on the shelf of anyone who hopes to get a clearer financial picture of a small business, whether their own or someone else's.