What is the approximate number of market transactions in the IBA database?

The correct answer represents the approximate number of market transactions in the International Business Associates (IBA) database, which is commonly recognized in various business valuation contexts. This database is a valuable resource for business appraisers and valuation professionals as it includes actual sales data that can assist in benchmarking and comparative analysis.

The IBA database is known for its breadth of transaction data, covering many industries and different business sizes. The estimated figure of around 30,000 transactions is significant as it allows appraisers to derive relevant market comparables when assessing the value of businesses. Having access to a substantial number of market transactions greatly enhances the reliability and accuracy of valuations, as appraisers can make more informed analyses based on a diverse range of real-world data.

Understanding the scope and details of this database is crucial for professionals engaged in business valuation, as it underlines the importance of empirical data in the valuation process. The presence of this wide variety of transactions ensures that appraisals are not only theoretical but grounded in actual market activity.