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Valuation of travel agency SALLY TOURS
Vejvarová, Jana ; Maříková, Pavla (advisor) ; Mařík, Miloš (referee)
This thesis deals with the specifics of valuation of small businesses and is trying to find practical solutions to particular problems on the example of a travel agency SALLY TOURS. The selected company was evaluated for the purpose of sale and settlement of marital property. Financial and strategy analysis was performed followed by determination of value drivers and future free cash flow. Discounted cash flow and capitalized earnings method were used. The conclusion summarizes the main differences in the valuation of small businesses and companies, and recommends their solutions.

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