title: Restaurant-startup valuation: case of Russian companies
metadata.name: dc.contributor.author
metadata.value: Nosachev, Sergei M.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Носачев, С. М.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2015-07-02T09:47:30Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2015-07-02T09:47:30Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2015
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/1620
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The goal: To value Russian restaurant-startups taking into account the different risks in dining sphere and on the basis of the obtained results to formulate recommendations to investors and owners on the valuation of such companies.
  The objectives: 
  •	Identify the specific features of Russian startups in dining sector. 
  •	To analyze the possibility of using classical valuation models and to identify the reasons that are not allowing to use classical valuation models for the startups.
  •	To apply the modified valuation method adjusted for risks to three different Russian startups.
  •	To analyze the obtained results and draw conclusions.
  •	To make recommendations on the use of model
  Main results: factors such as survival rates, institutional risk, the risk of losing a key person, the risk of changes in rental rates, the risk of obsolescence of the concept, the risk of occurrence of analogues, effect of illiquidity and brand power have been assessed as significant and used in the evaluation of companies. The owners of the companies felt the valuation close to reality.
  The value of the companies typically reaches a maximum in the second or third year of existence, and then decreases.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: English
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: Saint Petersburg University, Graduate School of Management, Master in Corporate Finance Program
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: valuation
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: startup
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: risk management
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: risk assessment
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Russian restaurant-startups
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: dining sector
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Restaurant-startup valuation: case of Russian companies
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Thesis
metadata.lang: en_GB
resources.filename: Носачев_Referee_Review.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/1620/3/%d0%9d%d0%be%d1%81%d0%b0%d1%87%d0%b5%d0%b2_Referee_Review.pdf
resources.format: Adobe PDF
resources.size: 271,71 kB
resources.filename: Носачев_Sc_Adv_Reference.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/1620/4/%d0%9d%d0%be%d1%81%d0%b0%d1%87%d0%b5%d0%b2_Sc_Adv_Reference.pdf
resources.format: Adobe PDF
resources.size: 354,18 kB
resources.filename: Restaurant-startup valuation_ case of Russian companies [master's thesis MCF] – ВШМ СПбГУ – Vivaldi.html
resources.url: https://dspace.spbu.ru/bitstream/11701/1620/7/Restaurant-startup%20valuation_%20case%20of%20Russian%20companies%20%5bmaster%27s%20thesis%20MCF%5d%20%e2%80%93%20%d0%92%d0%a8%d0%9c%20%d0%a1%d0%9f%d0%b1%d0%93%d0%a3%20%e2%80%93%20Vivaldi.html
resources.format: Full Text available in Vivaldi
resources.size: 32,6 kB