By: ELI C. NEAL, CPA, ABV, CFF

As a sponsor of Washington Defense Trial Lawyers (WDTL), I have the opportunity to give webinars throughout the year. I love helping attorneys understand financial statements and business valuations. The financial impact is, ultimately, a very important part of almost every dispute.

In this first webinar, I talk about a business partner dispute. Often in partner disputes, one partner is dissatisfied with the performance or contribution of another. Or, they just don’t share the same vision for their company. If that’s the case, it’s common for one partner to buy out another partner. But, at what price?

Business valuations amid partner disputes are very important and can be very contentious. When one partner is buying and one is selling, each party has a clear incentive for the value to be low or high. And, they know it.

This webinar covers:

• Accounting 101

• Business Valuation 101

• And, a real case study, where we learn:

  • Financial statements can be misleading

  • Appraisers can differ on their concluded values, and some businesses are more likely to have a wide range than others

  • It’s best to get valuation help early in negotiations, before a dispute is formalized

Enjoy!

If you’re in the midst of a business partner dispute, give 4 Corners a call at 425.800.4896 or email us; we’ll listen to your situation and help you scope your project. The earlier we get involved, the earlier we can help you make a good decision. We’d love to help you.