{"id":52880,"date":"2024-10-04T22:08:47","date_gmt":"2024-10-04T13:08:47","guid":{"rendered":"https:\/\/8gfg.shop\/blog\/lifestyle\/how-to-value-a-business-without-financial-statements"},"modified":"2024-10-04T22:08:48","modified_gmt":"2024-10-04T13:08:48","slug":"how-to-value-a-business-without-financial-statements","status":"publish","type":"post","link":"https:\/\/8gfg.shop\/blog\/lifestyle\/how-to-value-a-business-without-financial-statements","title":{"rendered":"\uc7ac\ubb34\uc81c\ud45c \uc5c6\uc774 \uae30\uc5c5 \uac00\uce58 \ud3c9\uac00\ud558\ub294 \ubc29\ubc95"},"content":{"rendered":"<ul class=\"toc_post_list\">\n<li>\n<h2>\ubaa9\ucc28<\/h2>\n<ul>\n<li><a href=\"#%ec%9e%ac%eb%ac%b4%ec%a0%9c%ed%91%9c-%ec%97%86%ec%9d%b4-%ea%b8%b0%ec%97%85-%ea%b0%80%ec%b9%98-%ed%8f%89%ea%b0%80%ed%95%98%eb%8a%94-%eb%b0%a9%eb%b2%95-TKJtqgWFta\">\uc7ac\ubb34\uc81c\ud45c \uc5c6\uc774 \uae30\uc5c5 \uac00\uce58 \ud3c9\uac00\ud558\ub294 \ubc29\ubc95<\/a><\/li>\n<li><a href=\"#1-%ea%b8%b0%ec%97%85-%ea%b0%80%ec%b9%98-%ed%8f%89%ea%b0%80%ec%9d%98-%ec%a4%91%ec%9a%94%ec%84%b1-TKJtqgWFta\">1. \uae30\uc5c5 \uac00\uce58 \ud3c9\uac00\uc758 \uc911\uc694\uc131<\/a><\/li>\n<li><a href=\"#2-%ec%9e%ac%eb%ac%b4%ec%a0%9c%ed%91%9c-%ec%99%b8%ec%9d%98-%ec%a0%95%eb%b3%b4-%ed%99%9c%ec%9a%a9%ed%95%98%ea%b8%b0-TKJtqgWFta\">2. \uc7ac\ubb34\uc81c\ud45c \uc678\uc758 \uc815\ubcf4 \ud65c\uc6a9\ud558\uae30<\/a><\/li>\n<li><a href=\"#3-%eb%8c%80%ec%b2%b4-%eb%8d%b0%ec%9d%b4%ed%84%b0-%ed%99%9c%ec%9a%a9%ed%95%98%ea%b8%b0-TKJtqgWFta\">3. \ub300\uccb4 \ub370\uc774\ud130 \ud65c\uc6a9\ud558\uae30<\/a><\/li>\n<li><a href=\"#4-%eb%b9%84%ea%b5%90-%ea%b8%b0%ec%97%85-%eb%b6%84%ec%84%9d-comparable-company-analysis-TKJtqgWFta\">4. \ube44\uad50 \uae30\uc5c5 \ubd84\uc11d (Comparable Company Analysis)<\/a><\/li>\n<li><a href=\"#5-%ed%95%a0%ec%9d%b8%eb%90%9c-%ed%98%84%ea%b8%88-%ed%9d%90%eb%a6%84-discounted-cash-flow-dcf-%eb%b6%84%ec%84%9d-TKJtqgWFta\">5. \ud560\uc778\ub41c \ud604\uae08 \ud750\ub984 (Discounted Cash Flow, DCF) \ubd84\uc11d<\/a><\/li>\n<li><a href=\"#6-%ec%9e%90%ec%82%b0-%ea%b8%b0%eb%b0%98-%ea%b0%80%ec%b9%98-%ed%8f%89%ea%b0%80-asset-based-valuation-TKJtqgWFta\">6. \uc790\uc0b0 \uae30\ubc18 \uac00\uce58 \ud3c9\uac00 (Asset-Based Valuation)<\/a><\/li>\n<li><a href=\"#7-%ec%a0%84%eb%ac%b8%ea%b0%80-%ec%9d%98%ea%b2%ac-%eb%b0%8f-%ec%8b%9c%ec%9e%a5-%ec%a1%b0%ec%82%ac-%ed%99%9c%ec%9a%a9%ed%95%98%ea%b8%b0-TKJtqgWFta\">7. \uc804\ubb38\uac00 \uc758\uacac \ubc0f \uc2dc\uc7a5 \uc870\uc0ac \ud65c\uc6a9\ud558\uae30<\/a><\/li>\n<li><a href=\"#8-%ea%b2%b0%eb%a1%a0-%eb%b0%8f-%ec%9a%94%ec%95%bd-TKJtqgWFta\">8. \uacb0\ub860 \ubc0f \uc694\uc57d<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h1 id=\"%ec%9e%ac%eb%ac%b4%ec%a0%9c%ed%91%9c-%ec%97%86%ec%9d%b4-%ea%b8%b0%ec%97%85-%ea%b0%80%ec%b9%98-%ed%8f%89%ea%b0%80%ed%95%98%eb%8a%94-%eb%b0%a9%eb%b2%95-TKJtqgWFta\">\uc7ac\ubb34\uc81c\ud45c \uc5c6\uc774 \uae30\uc5c5 \uac00\uce58 \ud3c9\uac00\ud558\ub294 \ubc29\ubc95<\/h1>\n<p>\uae30\uc5c5 \uac00\uce58\ub294 \ud22c\uc790\uc790\uc640 \uacbd\uc601\uc790\uc5d0\uac8c \ub9e4\uc6b0 \uc911\uc694\ud55c \uc694\uc18c\uc785\ub2c8\ub2e4. \uc804\ud1b5\uc801\uc73c\ub85c \uae30\uc5c5 \uac00\uce58\ub294 \uc7ac\ubb34\uc81c\ud45c\ub97c \ud1b5\ud574 \ud3c9\uac00\ub418\uc9c0\ub9cc, \ub54c\ub85c\ub294 \uc7ac\ubb34\uc81c\ud45c\uac00 \ubd80\uc871\ud558\uac70\ub098 \uc2e0\ub8b0\ud560 \uc218 \uc5c6\ub294 \uacbd\uc6b0\ub3c4 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \uae00\uc5d0\uc11c\ub294 \uc7ac\ubb34\uc81c\ud45c \uc5c6\uc774 \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud558\ub294 \ub2e4\uc591\ud55c \ubc29\ubc95\uc744 \uc0b4\ud3b4\ubcf4\uaca0\uc2b5\ub2c8\ub2e4. \uc774\ub97c \ud1b5\ud574 \ub3c5\uc790\ub4e4\uc740 \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud558\ub294 \ub370 \ud544\uc694\ud55c \ub2e4\uc591\ud55c \uc811\uadfc \ubc29\uc2dd\uc744 \uc774\ud574\ud558\uace0, \uc2e4\uc81c \uc0ac\ub840\ub97c \ud1b5\ud574 \uadf8 \uc720\uc6a9\uc131\uc744 \ud655\uc778\ud560 \uc218 \uc788\uc744 \uac83\uc785\ub2c8\ub2e4.<\/p>\n<h2 id=\"1-%ea%b8%b0%ec%97%85-%ea%b0%80%ec%b9%98-%ed%8f%89%ea%b0%80%ec%9d%98-%ec%a4%91%ec%9a%94%ec%84%b1-TKJtqgWFta\">1. \uae30\uc5c5 \uac00\uce58 \ud3c9\uac00\uc758 \uc911\uc694\uc131<\/h2>\n<p>\uae30\uc5c5 \uac00\uce58\ub294 \ud22c\uc790 \uacb0\uc815\uc744 \ub0b4\ub9ac\ub294 \ub370 \uc788\uc5b4 \ud575\uc2ec\uc801\uc778 \uc694\uc18c\uc785\ub2c8\ub2e4. \uae30\uc5c5\uc758 \uac00\uce58\ub97c \uc815\ud655\ud788 \ud3c9\uac00\ud558\ub294 \uac83\uc740 \ud22c\uc790\uc790\uc5d0\uac8c \ub192\uc740 \uc218\uc775\uc744 \uac00\uc838\ub2e4\uc904 \uc218 \uc788\uc73c\uba70, \uacbd\uc601\uc790\uc5d0\uac8c\ub294 \uc804\ub7b5\uc801 \uacb0\uc815\uc744 \ub0b4\ub9ac\ub294 \ub370 \ub3c4\uc6c0\uc744 \uc90d\ub2c8\ub2e4. \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud558\ub294 \ubc29\ubc95\uc740 \ub2e4\uc591\ud558\uc9c0\ub9cc, \uc7ac\ubb34\uc81c\ud45c\uac00 \uc5c6\ub294 \uacbd\uc6b0\uc5d0\ub294 \ub2e4\ub978 \uc811\uadfc \ubc29\uc2dd\uc744 \uc0ac\uc6a9\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n<p>\uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud558\ub294 \uc774\uc720\ub294 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4:<\/p>\n<ul>\n<li>\ud22c\uc790 \uacb0\uc815\uc744 \uc704\ud55c \uae30\ucd08 \uc790\ub8cc \uc81c\uacf5<\/li>\n<li>\uae30\uc5c5 \uc778\uc218 \ubc0f \ud569\ubcd1 \uc2dc \uc801\uc815 \uac00\uaca9 \uc0b0\uc815<\/li>\n<li>\uacbd\uc601 \uc131\uacfc \ud3c9\uac00 \ubc0f \uc804\ub7b5 \uc218\ub9bd<\/li>\n<li>\uc8fc\uc8fc \ubc0f \uc774\ud574\uad00\uacc4\uc790\uc640\uc758 \uc18c\ud1b5 \uac15\ud654<\/li>\n<\/ul>\n<p>\uc774\ub7ec\ud55c \uc774\uc720\ub85c \uc778\ud574 \uae30\uc5c5 \uac00\uce58\ub294 \ub2e8\uc21c\ud55c \uc22b\uc790\uac00 \uc544\ub2c8\ub77c, \uae30\uc5c5\uc758 \ubbf8\ub798 \uc131\uc7a5 \uac00\ub2a5\uc131\uacfc \ub9ac\uc2a4\ud06c\ub97c \ubc18\uc601\ud558\ub294 \uc911\uc694\ud55c \uc9c0\ud45c\uc785\ub2c8\ub2e4.<\/p>\n<h2 id=\"2-%ec%9e%ac%eb%ac%b4%ec%a0%9c%ed%91%9c-%ec%99%b8%ec%9d%98-%ec%a0%95%eb%b3%b4-%ed%99%9c%ec%9a%a9%ed%95%98%ea%b8%b0-TKJtqgWFta\">2. \uc7ac\ubb34\uc81c\ud45c \uc678\uc758 \uc815\ubcf4 \ud65c\uc6a9\ud558\uae30<\/h2>\n<p>\uc7ac\ubb34\uc81c\ud45c\uac00 \uc5c6\ub294 \uacbd\uc6b0, \uae30\uc5c5\uc758 \uac00\uce58\ub97c \ud3c9\uac00\ud558\uae30 \uc704\ud574 \ub2e4\ub978 \uc815\ubcf4\ub97c \ud65c\uc6a9\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uc815\ubcf4\ub294 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4:<\/p>\n<ul>\n<li>\uc0b0\uc5c5 \ub3d9\ud5a5 \ubc0f \uc2dc\uc7a5 \ubd84\uc11d<\/li>\n<li>\uacbd\uc7c1\uc0ac \ubd84\uc11d<\/li>\n<li>\uace0\uac1d \ud53c\ub4dc\ubc31 \ubc0f \ub9cc\uc871\ub3c4 \uc870\uc0ac<\/li>\n<li>\uacbd\uc601\uc9c4\uc758 \uacbd\ud5d8 \ubc0f \uc5ed\ub7c9<\/li>\n<li>\uae30\uc220\ub825 \ubc0f \ud601\uc2e0\uc131<\/li>\n<\/ul>\n<p>\uc774\ub7ec\ud55c \uc815\ubcf4\ub4e4\uc740 \uae30\uc5c5\uc758 \uc131\uc7a5 \uac00\ub2a5\uc131\uacfc \ub9ac\uc2a4\ud06c\ub97c \ud3c9\uac00\ud558\ub294 \ub370 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud569\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4, \ud2b9\uc815 \uc0b0\uc5c5\uc758 \uc131\uc7a5\ub960\uc774 \ub192\ub2e4\uba74 \ud574\ub2f9 \uc0b0\uc5c5\uc5d0 \uc18d\ud55c \uae30\uc5c5\uc758 \uac00\uce58\ub3c4 \ub192\uac8c \ud3c9\uac00\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<h2 id=\"3-%eb%8c%80%ec%b2%b4-%eb%8d%b0%ec%9d%b4%ed%84%b0-%ed%99%9c%ec%9a%a9%ed%95%98%ea%b8%b0-TKJtqgWFta\">3. \ub300\uccb4 \ub370\uc774\ud130 \ud65c\uc6a9\ud558\uae30<\/h2>\n<p>\ucd5c\uadfc\uc5d0\ub294 \ub300\uccb4 \ub370\uc774\ud130(Alternative Data)\uac00 \uae30\uc5c5 \uac00\uce58 \ud3c9\uac00\uc5d0 \ud65c\uc6a9\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ub300\uccb4 \ub370\uc774\ud130\ub780 \uc804\ud1b5\uc801\uc778 \uc7ac\ubb34 \ub370\uc774\ud130 \uc678\uc5d0 \uae30\uc5c5\uc758 \uc131\uacfc\ub97c \ud3c9\uac00\ud560 \uc218 \uc788\ub294 \ub2e4\uc591\ud55c \ube44\uc7ac\ubb34\uc801 \ub370\uc774\ud130\ub97c \uc758\ubbf8\ud569\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4, \uc18c\uc15c \ubbf8\ub514\uc5b4\uc5d0\uc11c\uc758 \uc5b8\uae09\ub7c9, \uc6f9\uc0ac\uc774\ud2b8 \ud2b8\ub798\ud53d, \uace0\uac1d \ub9ac\ubdf0 \ub4f1\uc774 \uc774\uc5d0 \ud574\ub2f9\ud569\ub2c8\ub2e4.<\/p>\n<p>\ub300\uccb4 \ub370\uc774\ud130\ub97c \ud65c\uc6a9\ud558\ub294 \ubc29\ubc95\uc740 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4:<\/p>\n<ul>\n<li>\uc18c\uc15c \ubbf8\ub514\uc5b4 \ubd84\uc11d: \ube0c\ub79c\ub4dc \uc5b8\uae09\ub7c9\uacfc \uae0d\uc815\uc801\uc778 \ud53c\ub4dc\ubc31\uc744 \ud1b5\ud574 \uae30\uc5c5\uc758 \uc778\uc9c0\ub3c4\uc640 \uace0\uac1d \ucda9\uc131\ub3c4\ub97c \ud3c9\uac00\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<li>\uc6f9\uc0ac\uc774\ud2b8 \ud2b8\ub798\ud53d: \uc6f9\uc0ac\uc774\ud2b8 \ubc29\ubb38\uc790 \uc218\uc640 \ud398\uc774\uc9c0 \ubdf0\ub97c \ubd84\uc11d\ud558\uc5ec \uae30\uc5c5\uc758 \uc628\ub77c\uc778 \uc874\uc7ac\uac10\uc744 \ud3c9\uac00\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<li>\uace0\uac1d \ub9ac\ubdf0: \uace0\uac1d\uc758 \ud53c\ub4dc\ubc31\uc744 \ud1b5\ud574 \uc81c\ud488\uc774\ub098 \uc11c\ube44\uc2a4\uc758 \ud488\uc9c8\uc744 \ud3c9\uac00\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n<p>\uc774\ub7ec\ud55c \ub300\uccb4 \ub370\uc774\ud130\ub294 \uae30\uc5c5\uc758 \uc2dc\uc7a5 \uc704\uce58\uc640 \uacbd\uc7c1\ub825\uc744 \ud30c\uc545\ud558\ub294 \ub370 \uc720\uc6a9\ud569\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4, \ud55c \uae30\uc5c5\uc758 \uc18c\uc15c \ubbf8\ub514\uc5b4 \uc5b8\uae09\ub7c9\uc774 \uae09\uc99d\ud558\uace0 \uc788\ub2e4\uba74, \uc774\ub294 \ud574\ub2f9 \uae30\uc5c5\uc758 \ube0c\ub79c\ub4dc \uac00\uce58\uac00 \uc0c1\uc2b9\ud558\uace0 \uc788\uc74c\uc744 \ub098\ud0c0\ub0bc \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<h2 id=\"4-%eb%b9%84%ea%b5%90-%ea%b8%b0%ec%97%85-%eb%b6%84%ec%84%9d-comparable-company-analysis-TKJtqgWFta\">4. \ube44\uad50 \uae30\uc5c5 \ubd84\uc11d (Comparable Company Analysis)<\/h2>\n<p>\ube44\uad50 \uae30\uc5c5 \ubd84\uc11d\uc740 \uc720\uc0ac\ud55c \uc0b0\uc5c5\uc5d0 \uc18d\ud558\ub294 \ub2e4\ub978 \uae30\uc5c5\ub4e4\uacfc \ube44\uad50\ud558\uc5ec \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud558\ub294 \ubc29\ubc95\uc785\ub2c8\ub2e4. \uc774 \ubc29\ubc95\uc740 \uc7ac\ubb34\uc81c\ud45c\uac00 \ubd80\uc871\ud55c \uacbd\uc6b0\uc5d0\ub3c4 \uc720\uc6a9\ud558\uac8c \uc0ac\uc6a9\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ube44\uad50 \uae30\uc5c5 \ubd84\uc11d\uc744 \uc218\ud589\ud558\uae30 \uc704\ud574\uc11c\ub294 \ub2e4\uc74c\uacfc \uac19\uc740 \ub2e8\uacc4\ub97c \uac70\uccd0\uc57c \ud569\ub2c8\ub2e4:<\/p>\n<ul>\n<li>\uc720\uc0ac\ud55c \uc0b0\uc5c5\uc5d0 \uc18d\ud558\ub294 \uae30\uc5c5 \uc120\uc815<\/li>\n<li>\uc120\uc815\ub41c \uae30\uc5c5\ub4e4\uc758 \uc8fc\uc694 \uc9c0\ud45c(\uc608: \ub9e4\ucd9c, EBITDA \ub4f1) \uc218\uc9d1<\/li>\n<li>\ud3c9\uade0 \ubc30\uc218(\uc608: P\/E \ube44\uc728, EV\/EBITDA \ube44\uc728 \ub4f1) \uacc4\uc0b0<\/li>\n<li>\uc790\uc2e0\uc758 \uae30\uc5c5\uc5d0 \ud574\ub2f9 \ubc30\uc218\ub97c \uc801\uc6a9\ud558\uc5ec \uac00\uce58 \uc0b0\uc815<\/li>\n<\/ul>\n<p>\uc608\ub97c \ub4e4\uc5b4, A\uae30\uc5c5\uc774 B\uae30\uc5c5\uacfc C\uae30\uc5c5\uacfc \uc720\uc0ac\ud55c \uc0b0\uc5c5\uc5d0 \uc18d\ud55c\ub2e4\uba74, B\uae30\uc5c5\uacfc C\uae30\uc5c5\uc758 P\/E \ube44\uc728\uc744 \ud3c9\uade0 \ub0b4\uc5b4 A\uae30\uc5c5\uc758 \uac00\uce58\ub97c \ud3c9\uac00\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \ubc29\ubc95\uc740 \uc2dc\uc7a5\uc5d0\uc11c\uc758 \uc0c1\ub300\uc801\uc778 \uc704\uce58\ub97c \ud30c\uc545\ud558\ub294 \ub370 \uc720\uc6a9\ud569\ub2c8\ub2e4.<\/p>\n<h2 id=\"5-%ed%95%a0%ec%9d%b8%eb%90%9c-%ed%98%84%ea%b8%88-%ed%9d%90%eb%a6%84-discounted-cash-flow-dcf-%eb%b6%84%ec%84%9d-TKJtqgWFta\">5. \ud560\uc778\ub41c \ud604\uae08 \ud750\ub984 (Discounted Cash Flow, DCF) \ubd84\uc11d<\/h2>\n<p>\ud560\uc778\ub41c \ud604\uae08 \ud750\ub984 \ubd84\uc11d\uc740 \ubbf8\ub798\uc758 \ud604\uae08 \ud750\ub984\uc744 \ud604\uc7ac \uac00\uce58\ub85c \ud560\uc778\ud558\uc5ec \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud558\ub294 \ubc29\ubc95\uc785\ub2c8\ub2e4. \uc774 \ubc29\ubc95\uc740 \uc7ac\ubb34\uc81c\ud45c\uac00 \ubd80\uc871\ud55c \uacbd\uc6b0\uc5d0\ub3c4 \ubbf8\ub798 \ud604\uae08 \ud750\ub984\uc744 \uc608\uce21\ud560 \uc218 \uc788\ub2e4\uba74 \uc720\uc6a9\ud558\uac8c \uc0ac\uc6a9\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. DCF \ubd84\uc11d\uc744 \uc218\ud589\ud558\uae30 \uc704\ud574\uc11c\ub294 \ub2e4\uc74c\uacfc \uac19\uc740 \ub2e8\uacc4\ub97c \uac70\uccd0\uc57c \ud569\ub2c8\ub2e4:<\/p>\n<ul>\n<li>\ubbf8\ub798 \ud604\uae08 \ud750\ub984 \uc608\uce21: \uc2dc\uc7a5 \ub3d9\ud5a5, \uacbd\uc7c1\uc0ac \ubd84\uc11d \ub4f1\uc744 \ud1b5\ud574 \ud5a5\ud6c4 \uba87 \ub144\uac04\uc758 \ud604\uae08 \ud750\ub984\uc744 \uc608\uce21\ud569\ub2c8\ub2e4.<\/li>\n<li>\ud560\uc778\uc728 \uacb0\uc815: \uc790\ubcf8 \ube44\uc6a9\uc774\ub098 \uc704\ud5d8 \ud504\ub9ac\ubbf8\uc5c4 \ub4f1\uc744 \uace0\ub824\ud558\uc5ec \uc801\uc808\ud55c \ud560\uc778\uc728\uc744 \uacb0\uc815\ud569\ub2c8\ub2e4.<\/li>\n<li>\ud604\uc7ac \uac00\uce58 \uacc4\uc0b0: \uc608\uce21\ub41c \ud604\uae08 \ud750\ub984\uc744 \ud560\uc778\uc728\uc744 \uc801\uc6a9\ud558\uc5ec \ud604\uc7ac \uac00\uce58\ub97c \uacc4\uc0b0\ud569\ub2c8\ub2e4.<\/li>\n<\/ul>\n<p>\uc608\ub97c \ub4e4\uc5b4, A\uae30\uc5c5\uc774 \ud5a5\ud6c4 5\ub144\uac04 \ub9e4\ub144 1\uc5b5 \uc6d0\uc758 \ud604\uae08 \ud750\ub984\uc744 \uc0dd\uc131\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4\uba74, \uc774\ub97c \ud560\uc778\uc728 10%\ub85c \ud560\uc778\ud558\uc5ec \ud604\uc7ac \uac00\uce58\ub97c \uacc4\uc0b0\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \ubc29\ubc95\uc740 \uae30\uc5c5\uc758 \ubbf8\ub798 \uc131\uc7a5 \uac00\ub2a5\uc131\uc744 \ubc18\uc601\ud558\ub294 \ub370 \uc720\uc6a9\ud569\ub2c8\ub2e4.<\/p>\n<h2 id=\"6-%ec%9e%90%ec%82%b0-%ea%b8%b0%eb%b0%98-%ea%b0%80%ec%b9%98-%ed%8f%89%ea%b0%80-asset-based-valuation-TKJtqgWFta\">6. \uc790\uc0b0 \uae30\ubc18 \uac00\uce58 \ud3c9\uac00 (Asset-Based Valuation)<\/h2>\n<p>\uc790\uc0b0 \uae30\ubc18 \uac00\uce58 \ud3c9\uac00\ub294 \uae30\uc5c5\uc774 \ubcf4\uc720\ud55c \uc790\uc0b0\uc758 \uac00\uce58\ub97c \uae30\ubc18\uc73c\ub85c \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud558\ub294 \ubc29\ubc95\uc785\ub2c8\ub2e4. \uc774 \ubc29\ubc95\uc740 \ud2b9\ud788 \uc790\uc0b0\uc774 \ub9ce\uc740 \uae30\uc5c5\uc774\ub098 \uc790\uc0b0 \uac00\uce58\uac00 \uc911\uc694\ud55c \uc0b0\uc5c5\uc5d0\uc11c \uc720\uc6a9\ud558\uac8c \uc0ac\uc6a9\ub429\ub2c8\ub2e4. \uc790\uc0b0 \uae30\ubc18 \uac00\uce58 \ud3c9\uac00\ub294 \ub2e4\uc74c\uacfc \uac19\uc740 \ub2e8\uacc4\ub97c \ud3ec\ud568\ud569\ub2c8\ub2e4:<\/p>\n<ul>\n<li>\uae30\uc5c5\uc774 \ubcf4\uc720\ud55c \uc790\uc0b0 \ubaa9\ub85d \uc791\uc131: \ubd80\ub3d9\uc0b0, \uae30\uacc4, \uc7ac\uace0 \ub4f1 \ubaa8\ub4e0 \uc790\uc0b0\uc744 \ub098\uc5f4\ud569\ub2c8\ub2e4.<\/li>\n<li>\uc790\uc0b0 \uac00\uce58 \ud3c9\uac00: \uac01 \uc790\uc0b0\uc758 \uc2dc\uc7a5 \uac00\uce58\ub97c \ud3c9\uac00\ud569\ub2c8\ub2e4.<\/li>\n<li>\ubd80\ucc44 \ucc28\uac10: \ucd1d \uc790\uc0b0\uc5d0\uc11c \ucd1d \ubd80\ucc44\ub97c \ucc28\uac10\ud558\uc5ec \uc21c\uc790\uc0b0 \uac00\uce58\ub97c \uacc4\uc0b0\ud569\ub2c8\ub2e4.<\/li>\n<\/ul>\n<p>\uc608\ub97c \ub4e4\uc5b4, A\uae30\uc5c5\uc774 100\uc5b5 \uc6d0\uc758 \uc790\uc0b0\uc744 \ubcf4\uc720\ud558\uace0 \uc788\uace0 30\uc5b5 \uc6d0\uc758 \ubd80\ucc44\uac00 \uc788\ub2e4\uba74, A\uae30\uc5c5\uc758 \uc21c\uc790\uc0b0 \uac00\uce58\ub294 70\uc5b5 \uc6d0\uc774 \ub429\ub2c8\ub2e4. \uc774 \ubc29\ubc95\uc740 \uc790\uc0b0\uc774 \uc911\uc694\ud55c \uc5ed\ud560\uc744 \ud558\ub294 \uae30\uc5c5\uc5d0\uc11c \uc720\uc6a9\ud569\ub2c8\ub2e4.<\/p>\n<h2 id=\"7-%ec%a0%84%eb%ac%b8%ea%b0%80-%ec%9d%98%ea%b2%ac-%eb%b0%8f-%ec%8b%9c%ec%9e%a5-%ec%a1%b0%ec%82%ac-%ed%99%9c%ec%9a%a9%ed%95%98%ea%b8%b0-TKJtqgWFta\">7. \uc804\ubb38\uac00 \uc758\uacac \ubc0f \uc2dc\uc7a5 \uc870\uc0ac \ud65c\uc6a9\ud558\uae30<\/h2>\n<p>\uc7ac\ubb34\uc81c\ud45c\uac00 \ubd80\uc871\ud55c \uacbd\uc6b0, \uc804\ubb38\uac00 \uc758\uacac\uc774\ub098 \uc2dc\uc7a5 \uc870\uc0ac\ub97c \ud65c\uc6a9\ud558\uc5ec \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc804\ubb38\uac00\ub4e4\uc740 \ud2b9\uc815 \uc0b0\uc5c5\uc774\ub098 \uae30\uc5c5\uc5d0 \ub300\ud55c \uae4a\uc740 \uc774\ud574\ub97c \uac00\uc9c0\uace0 \uc788\uc73c\uba70, \uc774\ub97c \ubc14\ud0d5\uc73c\ub85c \uac00\uce58 \ud3c9\uac00\ub97c \uc218\ud589\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc2dc\uc7a5 \uc870\uc0ac\ub294 \uc18c\ube44\uc790 \ud589\ub3d9, \uacbd\uc7c1\uc0ac \ub3d9\ud5a5 \ub4f1\uc744 \ud30c\uc545\ud558\ub294 \ub370 \uc720\uc6a9\ud569\ub2c8\ub2e4.<\/p>\n<ul>\n<li>\uc804\ubb38\uac00 \uc778\ud130\ubdf0: \ud574\ub2f9 \uc0b0\uc5c5\uc758 \uc804\ubb38\uac00\uc640 \uc778\ud130\ubdf0\ub97c \ud1b5\ud574 \uc778\uc0ac\uc774\ud2b8\ub97c \uc5bb\uc2b5\ub2c8\ub2e4.<\/li>\n<li>\uc2dc\uc7a5 \uc870\uc0ac \ubcf4\uace0\uc11c: \uc2dc\uc7a5 \uc870\uc0ac \uae30\uad00\uc5d0\uc11c \uc81c\uacf5\ud558\ub294 \ubcf4\uace0\uc11c\ub97c \ud65c\uc6a9\ud558\uc5ec \uc2dc\uc7a5 \ub3d9\ud5a5\uc744 \ud30c\uc545\ud569\ub2c8\ub2e4.<\/li>\n<li>\ucee8\uc124\ud305 \uc11c\ube44\uc2a4: \uc804\ubb38 \ucee8\uc124\ud305 \uc5c5\uccb4\uc5d0 \uc758\ub8b0\ud558\uc5ec \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ubc1b\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n<p>\uc774\ub7ec\ud55c \ubc29\ubc95\ub4e4\uc740 \uc7ac\ubb34\uc81c\ud45c\uac00 \ubd80\uc871\ud55c \uc0c1\ud669\uc5d0\uc11c\ub3c4 \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud558\ub294 \ub370 \ud070 \ub3c4\uc6c0\uc774 \ub429\ub2c8\ub2e4. \uc804\ubb38\uac00\uc758 \uc758\uacac\uc774\ub098 \uc2dc\uc7a5 \uc870\uc0ac\ub97c \ud1b5\ud574 \uc5bb\uc740 \uc815\ubcf4\ub294 \uc2e0\ub8b0\uc131\uc744 \ub192\uc774\ub294 \ub370 \uae30\uc5ec\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<h2 id=\"8-%ea%b2%b0%eb%a1%a0-%eb%b0%8f-%ec%9a%94%ec%95%bd-TKJtqgWFta\">8. \uacb0\ub860 \ubc0f \uc694\uc57d<\/h2>\n<p>\uc7ac\ubb34\uc81c\ud45c \uc5c6\uc774 \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud558\ub294 \ubc29\ubc95\uc740 \ub2e4\uc591\ud569\ub2c8\ub2e4. \uc0b0\uc5c5 \ub3d9\ud5a5, \ub300\uccb4 \ub370\uc774\ud130, \ube44\uad50 \uae30\uc5c5 \ubd84\uc11d, \ud560\uc778\ub41c \ud604\uae08 \ud750\ub984 \ubd84\uc11d, \uc790\uc0b0 \uae30\ubc18 \uac00\uce58 \ud3c9\uac00, \uc804\ubb38\uac00 \uc758\uacac \ubc0f \uc2dc\uc7a5 \uc870\uc0ac \ub4f1\uc744 \ud65c\uc6a9\ud558\uc5ec \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ubc29\ubc95\ub4e4\uc740 \uac01\uac01\uc758 \uc7a5\ub2e8\uc810\uc774 \uc788\uc73c\uba70, \uc0c1\ud669\uc5d0 \ub530\ub77c \uc801\uc808\ud55c \ubc29\ubc95\uc744 \uc120\ud0dd\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n<p>\uacb0\ub860\uc801\uc73c\ub85c, \uc7ac\ubb34\uc81c\ud45c\uac00 \ubd80\uc871\ud55c \uacbd\uc6b0\uc5d0\ub3c4 \ub2e4\uc591\ud55c \uc815\ubcf4\ub97c \ud65c\uc6a9\ud558\uc5ec \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud560 \uc218 \uc788\ub294 \ubc29\ubc95\uc774 \uc874\uc7ac\ud569\ub2c8\ub2e4. \uc774\ub97c \ud1b5\ud574 \ud22c\uc790\uc790\uc640 \uacbd\uc601\uc790\ub294 \ubcf4\ub2e4 \uc815\ud655\ud55c \uc758\uc0ac \uacb0\uc815\uc744 \ub0b4\ub9b4 \uc218 \uc788\uc73c\uba70, \uae30\uc5c5\uc758 \ubbf8\ub798 \uc131\uc7a5 \uac00\ub2a5\uc131\uc744 \ud30c\uc545\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c, \uc7ac\ubb34\uc81c\ud45c \uc678\uc5d0\ub3c4 \ub2e4\uc591\ud55c \uc815\ubcf4\ub97c \uc801\uadf9\uc801\uc73c\ub85c \ud65c\uc6a9\ud558\ub294 \uac83\uc774 \uc911\uc694\ud569\ub2c8\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\uc7ac\ubb34\uc81c\ud45c \uc5c6\uc774 \uae30\uc5c5 \uac00\uce58\ub97c \ud3c9\uac00\ud558\ub294 \ub2e4\uc591\ud55c \ubc29\ubc95\uc744 \uc18c\uac1c\ud569\ub2c8\ub2e4. \uc2dc\uc7a5 \ub3d9\ud5a5, \uacbd\uc7c1 \ubd84\uc11d, \ubbf8\ub798 \uc131\uc7a5 \uac00\ub2a5\uc131\uc744 \uace0\ub824\ud55c \uc811\uadfc\ubc95\uc744 \ud0d0\uad6c\ud558\uc138\uc694.<\/p>\n","protected":false},"author":1,"featured_media":12634,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1965],"tags":[2132,2104],"class_list":["post-52880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-analysis","tag-data"],"acf":[],"_links":{"self":[{"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/posts\/52880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/comments?post=52880"}],"version-history":[{"count":1,"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/posts\/52880\/revisions"}],"predecessor-version":[{"id":52881,"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/posts\/52880\/revisions\/52881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/media\/12634"}],"wp:attachment":[{"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/media?parent=52880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/categories?post=52880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/8gfg.shop\/blog\/wp-json\/wp\/v2\/tags?post=52880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}