Business valuation is a worldwide phenomenon. As an industry, it may not have the history that it does in the US. But, the professionals who work in it face many of the same challenges.
I can remember the first time I saw mention of business valuation in the mass media. I was squeezed into my seat, reading an airline magazine sometime around 1998.
The question was asked innocuously enough: Is appraisal a profession or an industry? Respondents to BVWire’s invitation to comment turned up the fire. The question will never be settled, [...]