what’s your music store worth?
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What’s Your Music Store Worth?. What’s Your Music Store Worth?. Robin Jean Sassi , Esquire. About Your Speaker…. About Your Speaker…. Owner, San Diego Music Studio, Est. 1994. About Your Speaker…. Owner, San Diego Music Studio, Est. 1994. About Your Speaker…. - PowerPoint PPT PresentationTRANSCRIPT
What’s Your Music Store Worth?
What’s Your Music Store Worth?
Robin Jean Sassi, Esquire
About Your Speaker…
About Your Speaker…•Owner, San Diego Music Studio, Est. 1994
About Your Speaker…•Owner, San Diego Music Studio, Est. 1994
About Your Speaker…•Owner, San Diego Music Studio, Est. 1994•California Licensed Attorney• Corporate Law• Business Litigation• Trusts and Estates
• Disclaimer: The presentation you hear today is not meant to be legal advice and is for educational purposes only. Each individual situation is unique and laws vary from state to state. Conversations here do not establish an attorney-client relationship.
Why do you want to know how much your Music Store is worth?
Why do you want to know how much your Music Store is worth?•Curiosity
Why do you want to know how much your Music Store is worth?•Curiosity•You are interested in selling your store
Why do you want to know how much your Music Store is worth?•Curiosity•You are interested in selling your store•You are interested in buying a store
Why do you want to know how much your Music Store is worth?•Curiosity•You are interested in selling your store•You are interested in buying a store•Estate planning purposes
Why do you want to know how much your Music Store is worth?•Curiosity•You are interested in selling your store•You are interested in buying a store•Estate planning purposes•The Big “D”
Why do you want to know how much your Music Store is worth?•Curiosity•You are interested in selling your store•You are interested in buying a store•Estate planning purposes•The Big “D”
Why do you want to know how much your Music Store is worth?•Curiosity•You are interested in selling your store•You are interested in buying a store•Estate planning purposes•The Big “D”
Why do you want to know how much your Music Store is worth?•Curiosity•You are interested in selling your store•You are interested in buying a store•Estate planning purposes•The Big “D”
Market Approach
Market ApproachWhatever the Market will bear!
Asset Approach
Asset Approach
The Balance Sheet
Asset Approach
The Balance Sheet
The Income Approach
The Income Approach
The Profit and Loss Statement
The Income Approach
The Profit and Loss Statement
Three Basic Approaches for Buying and Selling
1. Market Approach2. Asset Approach3. Income Approach
The Big “D”
The Big “D”
The Big “D” D
The Big “D” D-I
The Big “D” D-I-V
The Big “D” D-I-V-O
The Big “D” D-I-V-O-R
The Big “D” D-I-V-O-R-C
The Big “D” D-I-V-O-R-C-E
The Big “D” D-I-V-O-R-C-EFACTORS
The Big “D” D-I-V-O-R-C-EFACTORS
The Big “D” D-I-V-O-R-C-EFACTORS
•What State you are in•If you owned the business before marriage•How much you participate in the management of the business•How long you’ve owned the business•Personal Expenses carried by the business• Meals• Healthcare• Car Expenses• “Other”
•Depreciation
The Big “D” D-I-V-O-R-C-EFACTORS
•What State you are in•If you owned the business before marriage•How much you participate in the management of the business•How long you’ve owned the business•Personal Expenses carried by the business• Meals• Healthcare• Car Expenses• “Other”
•Depreciation
The Promissory Note
The Promissory Note
The Promissory NoteI “Promise”…
What’s Your Music Store Worth?
Robin Jean Sassi, Esquire