For business professionals who aren't appraising experts - an easy-to-understand guide to evaluating complex commercial, business, and industrial entities. This detailed overview of the procedures and practices necessary to appraise a wide range of properties includes introductory and overview chapters and instruction on how to prepare and perform commercial appraisals, business appraisals, and industrial appraisals. Each of these three segments explores the applicable appraisal theory, which is then followed by an explanation of the most common methodologies for that particular discipline and a set of examples of its application. Shannon P. Pratt is among the best-known authorities in the field of business valuation and has written numerous books on the subject. He is Chairman and CEO of Shannon Pratt Valuations, Inc.; Publisher Emeritus for Business Valuation Resources, LLC; and a member of the board of directors of Paulson Capital Corp. John Lifflander is an appraiser, author, and teacher with over thirty years of appraisal experience in all types of properties, including large industrial facilities.