Legal Question in Business Law in New York
business split
How does one figure out the value of assets when splitting up a business? Is it based on what you paid? What it would cost to Replacement cost today? Depreciating value?
Asked on 2/25/07, 2:29 am
1 Answer from Attorneys
Kristen Browde
Browde Law, P.C.
Re: business split
There are professional appraisal firms which set values on businesses, using a variety of factors to determine the present value (or the value on a specific date) of a business. These factors can include the assets of the business, its sales and profit margin, cash flow, etc., whether the firm owns any intellectual property and, perhaps most importantly, whether the business can continue as a going concern after the split.
Answered on 2/25/07, 7:57 am
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