http://www.thebizseller.com Definitions that are a part of business valuation. Rules of thumb, seller's discretionary cash flow, EBITDA and other elements of business valuation are discussed.
http://www.thebizseller.com How to determine the value of a business using a multiple of earnings. "Owner's Benefit" or seller's discretionary earnings is recommended as the version of earnings to use when determining the value of a business for sale.