In selecting which method to employ in a valuation assignment, The advantage of this approach is that source data is reliable and comparable data includes sales of small businesses that can be similar to the small business being valued. A minority stake in a large well-established should be valued relative to either (a) a prior transaction of the same company involving a majority stake or (b) guideline transactions representing a minority stake involving a comparable company. A majority stake should be valued using the guideline public company method after applying proper discounts and adjustments. the definition of value, the size of the company being valued and the magnitude of the valuation stake (majority vs. minority) are important. 00 00