Divorce proceedings are typically difficult enough for all parties involved but imagine also having a privately held or family-owned business for consideration. Questions quickly abound, including: Is the business a marital asset? Do both spouses have ownership in the business? Will one spouse buy the ownership of the other spouse? How much is the ownership worth? [...]
Can you really put a price on the blood, sweat, and tears that went into building your small business? You most likely can. Before you can start your “rest and recovery period” — whether your exit plan is succession to the next generation of family members or sale to the highest bidder — a thorough [...]
Business valuation discounts are applied during the valuation process to determine the actual value. Watch Scott Schumpert and Tracy Conerly discuss how lack of marketability and minority interest discounts can affect a businesses value.
A business valuation provides a professional review of assets to establish real-world value. This real-world value is extremely important when evaluating equitable distribution during a divorce proceeding, but business valuations are also proactive tools for negotiating the sale of your business or planning for its future. Watch CRI's Larry Houff discuss the Use [...]
If you've been a part of a merger, then you are probably familiar with a business valuation. This service is also an integral part of a complete business strategy and should be performed every 2 to 3 years. Watch Dale Cooper discuss the basics of business valuations.
Privately owned businesses are often the largest assets in a divorce proceeding. Therefore, a proper divorce valuation is often a crucial component for the division of marital property. Watch Scott Schumpert discuss the standards of value and key methods for determining valuations in a divorce.
Since the business is often the owner's largest asset, it's crucial for business owners to know their business' value so they can effectively execute estate planning and gift tax strategies. But running a business has its challenges - from accounting responsibilities to staffing and seemingly everything in between. So it's easy for business owners [...]