When a client is involved in a divorce that involves a family-owned business it is imperative that they are protected from being reimbursed a disproportionately low amount for their share of business ownership.
Wives or husbands who are not involved in the business may not appreciate the true market value of a business. If they are not fully informed over a period of years about the growth and scope of a business they may not appreciate its true profitability and value to the open marketplace.
If a business is profitable then it usually has at least some goodwill. This is where an independent business valuer can step in and provide an expert valuation report which is formatted to comply with Family Court of Australia requirements.
Rent roll valuations are one of the most common valuations done by Business Valuer Network members. We value many real estate practices each year and have a broad database of