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What’s Your Music Store Worth?

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….

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What’s Your Music Store Worth?

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  1. What’s Your Music Store Worth?

  2. What’s Your Music Store Worth? Robin Jean Sassi, Esquire

  3. About Your Speaker…

  4. About Your Speaker… • Owner, San Diego Music Studio, Est. 1994

  5. About Your Speaker… • Owner, San Diego Music Studio, Est. 1994

  6. 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.

  7. Why do you want to know how much your Music Store is worth?

  8. Why do you want to know how much your Music Store is worth? • Curiosity

  9. Why do you want to know how much your Music Store is worth? • Curiosity • You are interested in selling your store

  10. 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

  11. 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

  12. 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”

  13. 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”

  14. 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”

  15. 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”

  16. Market Approach

  17. Market Approach Whatever the Market will bear!

  18. Asset Approach

  19. Asset Approach The Balance Sheet

  20. Asset Approach The Balance Sheet

  21. The Income Approach

  22. The Income Approach The Profit and Loss Statement

  23. The Income Approach The Profit and Loss Statement

  24. Three Basic Approaches for Buying and Selling Market Approach Asset Approach Income Approach

  25. The Big “D”

  26. The Big “D” 

  27. The Big “D”  D

  28. The Big “D”  D-I

  29. The Big “D”  D-I-V

  30. The Big “D”  D-I-V-O

  31. The Big “D”  D-I-V-O-R

  32. The Big “D”  D-I-V-O-R-C

  33. The Big “D”  D-I-V-O-R-C-E

  34. The Big “D”  D-I-V-O-R-C-E FACTORS

  35. The Big “D”  D-I-V-O-R-C-E FACTORS

  36. The Big “D”  D-I-V-O-R-C-E • FACTORS • 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

  37. The Big “D”  D-I-V-O-R-C-E • FACTORS • 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

  38. The Promissory Note

  39. The Promissory Note

  40. The Promissory Note I “Promise”…

  41. What’s Your Music Store Worth? Robin Jean Sassi, Esquire

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