Deciding whether to hire a business evaluator requires an attorney to understand the business structure and its finances. A simple business evaluation will examine past earnings, taxes, sellable assets, and outstanding contracts. A more thorough valuation may delve deeper to examine customer relationship management and industry trends. Perhaps you will be able to get the value of a business admitted into evidence without hiring a business evaluator. Discover what is needed to determine whether a business has value as a going concern, the depth of information the evaluation should provide, and the type of evaluation needed, or even if there is a need for an evaluation.
Summary of ContentsBasic Components of a Business Valuation
So, What’s With All the Charts?
Analyzing the Business Valuation Report and Cross-Examining the Appraiser
The Use and Abuse of Business Appraisers
Can Capitalization of Excess Compensation Be a Double Dip?
Good Will Case Law
Valuing the Business: Opinion Testimony by Owner’s Spouse in Divorce Cases
Case Law Summaries
Five Scenarios That Illustrate Issues in Valuing the Small Business