Once a divorce process begins, you have endless things to think about and take care of. For small business owners, the list is even longer. You may worry that your divorce will permanently affect the success of your business, leaving you without a way to provide for yourself or your children.
Understanding how businesses are valued and treated in a Texas divorce is an important first step in making wise decisions during the divorce process. While this blog gives a brief overview of business valuation methods, your attorney is the most qualified source of answers to your questions.
What is My Business’s Market Value?
Using the market valuation method means looking around at the value of recently sold similar businesses with a willing seller and a willing buyer. Requiring both the buyer and seller to be willing excludes any businesses whose prices may have been artificially lowered by an unwilling seller in a tight situation.
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