What’s it worth?

Divorce is one of the most stressful experiences in life. Ending a business partnership can be just as bad.

Agreeing on a value is often the main obstacle to a settlement and everyone moving on.

Emotions and suspicion often run high; there are often claims and counter claims about whether the business has been deliberately run down. Expectations are miles apart and, with everyone claiming that they are trying to be reasonable but no-one being in a mood to compromise, costs rise and everybody loses.

You only ever find out the "right" value for your business when a real buyer comes along with an offer.  Valuing a business is definitely not an exact science and business valuations are needed when the business isn't for sale.

A properly reasoned valuation can help everyone to take a more moderate view and narrow the areas of disagreement. We can also investigate and report on the conduct of the management to support or refute claims that the business has been deliberately run down. Even when there's no disagreement, an independent valuation helps everyone to set realistic expectations.

By separating areas of agreement from areas for negotiation, we can help to keep costs down.

We are members of the Valuation Special Interest Group of the Institute of Chartered Accountants in England and Wales, and we are experienced in valuing many types of business. We are also experienced in helping our clients negotiate business valuations and have experience in giving evidence in court in divorce cases.