Finding the worth of a business

iVillage Member
Registered: 11-10-2013
Finding the worth of a business
5
Sun, 12-08-2013 - 5:36pm

Hello everybody. Does anybody have experience or a preference with a valuation tool that quickly estimates the value of a business before spending money on an appraiser? Thanks in advance.

iVillage Member
Registered: 11-28-1999
Sun, 12-08-2013 - 10:59pm

As far as I know there is no way to really know unless you hire someone to look at the books.

iVillage Member
Registered: 11-10-2013
Wed, 12-11-2013 - 4:13pm
For somebody that doesn't want to spend $5k on somebody to look at the books, does anybody know of something online that could help?
iVillage Member
Registered: 01-15-2014
Wed, 01-15-2014 - 9:49pm

Hey, I think I get what you are looking for is a ball park estimate. For example, if the hubby/wife says his business is worth $100,000, and you can find that it is more like $2 million, then you’d need a pro. But if it is about $105,000, you may be close enough to not have to spend money for a pro.

There are a few sites to consider, check out Valusource--their small business link is at http://valusource.com/Products/BusinessStakeholders.aspx

It's not very expensive, gives a decent ballpark and may work for you. A lot of the pros use their higher end stuff, but this should work for you.

iVillage Member
Registered: 11-10-2013
Wed, 02-05-2014 - 9:40pm

Thanks for the responses. Does anybody have experience with these kinds of services?

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Community Leader
Registered: 01-25-2010
Thu, 02-06-2014 - 2:19am

 What are you attempting to do?   If you are in a divorce and doing it yourself to save money then there are several items to consider.    Taxes,living costs,your income your age and health ,his age and health. I strongly recommend at least a experienced tax and planning lawyer if divorce lawyers and apprasers wil be too expensive.  Leave your emotions behind and do business.  In the long run being business llke saves money and emotions. 

Goldfish