Do a google search on methods used to value businesses. You will see terms like capitalization of earnings, net asset value approach, etc. You should be able to get a general idea as to the approaches and methods used to value a business.
Business valuation is an involved and very expensive practice. Once you get down that road, you've bought into some very pricey professional help in addition to the extra legal fees that will be incurred while the lawyers argue about it. Try and avoid or minimize expenses by being reasonable with each other or will you get seriously burned in fees, (and bad feelings).
|