Valuation of a Business

[AtALoss]

As part of a settlement the business my spouse owned needs to be valued. I have my thoughts from my somewhat limited background in accounting. My spouse has asked me "How would they determine such". I can give some answers but realise there is much more to it that I know about. So my question is to anyone that may offer up any help... what might they consider.
He would be seeking (for lack of the right words) full value and i guess punitve damages against this. What happened was the business was taken completely illegally. Something that was recently determined in court that never should have happened. We are curious as to what to expect this process to involve. PM if you prefer & thanks.

[dadtotheend]

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).