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Micro Business Valuations
Micro businesses are businesses smaller than SME's (small medium enterprises). Generally micro businesses are those which are owner operated with few or no staff to assist the owner operator. Many micro businesses are husband and wife teams.
Of course, the pressures of being in business can place considerable strains on a husband and wife and regrettably this can cause marital breakdown. In such circumstances, the husband and wife will generally resolve that one partner will continue in the business and one will exit.
Therefore a market value for the business will need to be determined. This is where www.perthvaluer.com.au can provide an expert valuer to assist the spouses, their lawyers and the family court to assess and adjudicate on the value of the business.
Other micro business valuation circumstances can be due to generational change, where a son is buying out his father, or being admitted to the ownership structure of the business. Once again,. www.perthvaluer.com.au can provide the expert assistance of our business valuer, Graham O'Hehir. you can contact Graham O'Hehir on 1300 634 588.
