Business Valuation Model Based on the Analysis of Business Value Drivers

In scientific literature value is referred to as the mostcomplete and exact indicator of business condition thatreflects changes in internal and external environment of anenterprise. In a dynamic environment where risk anduncertainty are inevitable attributes of the process of theenterprise’s business forecast, due to the change of variousdrivers, business value may fluctuate in a rather widerange. On one hand, risk and uncertainty prompt to thinkin terms of future scenarios and to anticipate the full rangeof value dimensions. On the other hand, the fluctuation ofbusiness value within a wide range predetermines theproblematic aspect of rendering the final conclusion onbusiness value. Since business value changes with thechange of influencing drivers, the analysis of drivers thathave impact on business value becomes urgent. Based onsuch an analysis it would be possible to calculate the mostprobable dimension of business value.