Business valuation isn't just used when selling your business. It can serve as a periodic checkup. You'll see the process used to estimate the value of a partners' ownership and in retirement planning. It is necessary in disputes related to estate value and divorce litigation. This show explores the topic and includes important information such as factors that affect value and different approaches to valuation. We welcome Barbara Taylor of Synergy Business Services (http://synergybiznwa.com)to the show. She is a regular contributor to the New York Times’ online feature “You’re the Boss – the Art of Running a Small Business (http://boss.blogs.nytimes.com/author/barbara-taylor/).” Her blog Transaction addresses the mechanics of buying, selling, and valuing privately-held companies. CBS MoneyWatch named Barbara Taylor (http://twitter.com/#!/@synergybiznwa)one of “7 People Every Entrepreneur Should Follow on Twitter."