The way marketplace value is expected. The 3 approaches would be the expense strategy, the earnings strategy, therefore the marketplace contrast strategy. AKA assessment strategy.
Process utilized in estimating the marketplace value of a small business, company ownership interest, intangible asset, property, or safety. The three common appraisal methods tend to be: (1) expense approach, (2) income method, and (3) marketplace comparison method. Also referred to as assessment technique.