The True Worth Of The Business

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The True Worth Of The Business

Recently, a client referred a woman to our office for assistance with the property settlement in her impending divorce. She had just fired her accountant and asked if we could help her prove to the court that the business was worth substantially more than the current offer was based upon. After two mediations and several visits to the business’ office, we were able to generate documentation that essentially doubled the amount of the final settlement.

Because of my experiences as an accountant to many businesses and the seven businesses in which I have had equity ownership, it was easy for me to determine where the skeletons were hidden. Sometimes you just have to “have been there and done that” to truly understand the paper trail left from transactions. She was truly thankful and can now look forward to a financially secure future.