Thread: Money Buying out a Business Partner?
View Single Post
Old 11-26-2012, 10:52 PM   #7
DaneMcCloud DaneMcCloud is offline
Supporter
 
DaneMcCloud's Avatar
 

Join Date: Sep 2000
Location: Hollywood, CA
Casino cash: $10053648
Hiring a CPA to "go over the books" is meaningless.

What you need is a valuation of the business. It doesn't matter if they put $100k into the business if it's worth $5k.

Good luck!
Posts: 88,960
DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.DaneMcCloud is obviously part of the inner Circle.
     Reply With Quote