how to determine the selling price of business to a partner?
2006-11-27 03:09:59 · 5 answers · asked by crlefkowitz 1 in Business & Finance ➔ Small Business
Figure out what you and the partner can agree upon. There is a variety of valuation methods, but they will be of no use if the seller feels the price is too low or the buyer feels it is too high...
2006-11-27 04:08:42 · answer #1 · answered by NC 7 · 0⤊ 0⤋
What was the net worth of the business when you and the partner bought it? Over the years, since it was first mutually purchased, what is the over-all total worth of the business? If I were in your shoes, I would add the total of the answer to both questions I asked. Now, so that you make a profit from that total, double it.
2006-11-27 03:28:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Figure the current value of the physical assets of the company (equipment, inventory, real estate), and determine the profitability of the company. The net worth of the company should be a combination of the physical assets plus a percentage of the future profits. You may need to talk to your accountant or an attorney who specializes in business to determine that percentage.
2006-11-27 03:18:54 · answer #3 · answered by sloop_sailor 5 · 0⤊ 0⤋
before each and every thing i'm no professional in this in spite of the indisputable fact that it appears like he do not have any money - this is going to spoil the bank to sue him in court docket i ought to imagine...a legal professional will genuinely devour into numerous thousand funds - you'll likely win the case - yet when he has no money to pay you - then whats the point - he will likely declare himself bankrupt or something. i ought to seek for suggestion from him and say he owes the money and also you do not care how lengthy it takes for him to pay you decrease back see you later as you get the money decrease back contained in the destiny. Why is he residing in a motel with the help of ways - easily it rather is extra intense priced than renting? Is he on drugs? are you able to help him get off drugs if he's on them? are you able to help him get a job to pay off you with the help of the years? final analysis is i imagine going to court docket can be a waste of money and time...must be interested in what people say.
2016-11-27 01:35:20 · answer #4 · answered by ? 4 · 0⤊ 0⤋
put it up on ebay and se what it sells for then see of its somewhat what you think is going to sell for.
2006-11-27 03:11:41 · answer #5 · answered by Anonymous · 0⤊ 0⤋