BUSINESS INTEREST
| Full legal name | Phone | |||||
| Address | ||||||
| Business now operates as | proprietorship | partnership | corporation | |||
| When does the fiscal year end? | ||||||
| What accounting method is used? | ||||||
| In what year did the business begin operations? | ||||||
| If it began other than as a corporation, what is the date of incorporation?____ Jurisdiction of incorporation? | ||||||
| Classes of shares | No. of authorized shares | No. of outstanding shares | ||||
| What is your function in the business? | ||||||
| Do you have an employment contract? | ||||||
| Do you have a buy-sell agreement? | ||||||
PRESENT OWNERS
Corporation |
Partnership |
||
| (A)
Client (B)__________ (C)__________ (D)__________ (E)__________ |
_______%common _______%common _______%common _______%common _______%common |
________%preferred ________%preferred ________%preferred ________%preferred ________%preferred |
_______%_______ _______%_______ _______%_______ _______%_______ _______%_______ |
VALUATION OF BUSINESS INTEREST
| Estimate the lowest price for which the entire business might be sold as a going concern today. | ||||
| What is the lowest price you would accept for your interest today? | ||||
| If you were not an owner, what is your estimate of the highest price you would pay today for the entire business as a going concern? | ||||
| What is the highest price you would pay to buy the interest of your co-owners today? | ||||
| Has an impartial valuation of the business been made? | Yes | No | If yes, when? | |
| What valuation method was used? | What value was established? | |||
| What are prospects for growth, sale, merger or going public? | ||||