Business Valuation - Working out the multiple, science or witchcraft??

What valuation multiple should I apply? It's a common question accountants ask.  Each month, the Knowledge Shop membership help desk is asked what multiple apply to apply by an accountant trying to get to the right answer.

What's the multiple? Greg Hayes, Director of Hayes Knight and author of CCH's A Practical Guide to Business Valuation for SMEs, answers the most frequently asked valuation question.

In this special video update, Greg explores the different factors that need to be taken into account to determine the multiple applied to a business valuation. 

 Check out our other business valuation post Business Valuation - 5 common mistakes valuers make.