Download - What’s Your Music Store Worth?
![Page 1: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/1.jpg)
![Page 2: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/2.jpg)
What’s Your Music Store Worth?
![Page 3: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/3.jpg)
What’s Your Music Store Worth?
Robin Jean Sassi, Esquire
![Page 4: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/4.jpg)
About Your Speaker…
![Page 5: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/5.jpg)
About Your Speaker…•Owner, San Diego Music Studio, Est. 1994
![Page 6: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/6.jpg)
About Your Speaker…•Owner, San Diego Music Studio, Est. 1994
![Page 7: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/7.jpg)
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.
![Page 8: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/8.jpg)
Why do you want to know how much your Music Store is worth?
![Page 9: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/9.jpg)
Why do you want to know how much your Music Store is worth?•Curiosity
![Page 10: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/10.jpg)
Why do you want to know how much your Music Store is worth?•Curiosity•You are interested in selling your store
![Page 11: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/11.jpg)
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
![Page 12: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/12.jpg)
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
![Page 13: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/13.jpg)
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”
![Page 14: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/14.jpg)
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”
![Page 15: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/15.jpg)
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”
![Page 16: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/16.jpg)
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”
![Page 17: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/17.jpg)
Market Approach
![Page 18: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/18.jpg)
Market ApproachWhatever the Market will bear!
![Page 19: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/19.jpg)
Asset Approach
![Page 20: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/20.jpg)
Asset Approach
The Balance Sheet
![Page 21: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/21.jpg)
Asset Approach
The Balance Sheet
![Page 22: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/22.jpg)
The Income Approach
![Page 23: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/23.jpg)
The Income Approach
The Profit and Loss Statement
![Page 24: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/24.jpg)
The Income Approach
The Profit and Loss Statement
![Page 25: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/25.jpg)
Three Basic Approaches for Buying and Selling
1. Market Approach2. Asset Approach3. Income Approach
![Page 26: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/26.jpg)
The Big “D”
![Page 27: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/27.jpg)
The Big “D”
![Page 28: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/28.jpg)
The Big “D” D
![Page 29: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/29.jpg)
The Big “D” D-I
![Page 30: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/30.jpg)
The Big “D” D-I-V
![Page 31: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/31.jpg)
The Big “D” D-I-V-O
![Page 32: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/32.jpg)
The Big “D” D-I-V-O-R
![Page 33: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/33.jpg)
The Big “D” D-I-V-O-R-C
![Page 34: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/34.jpg)
The Big “D” D-I-V-O-R-C-E
![Page 35: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/35.jpg)
The Big “D” D-I-V-O-R-C-EFACTORS
![Page 36: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/36.jpg)
The Big “D” D-I-V-O-R-C-EFACTORS
![Page 37: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/37.jpg)
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
![Page 38: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/38.jpg)
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
![Page 39: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/39.jpg)
The Promissory Note
![Page 40: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/40.jpg)
The Promissory Note
![Page 41: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/41.jpg)
The Promissory NoteI “Promise”…
![Page 42: What’s Your Music Store Worth?](https://reader030.vdocument.in/reader030/viewer/2022020320/5681697c550346895de189ff/html5/thumbnails/42.jpg)
What’s Your Music Store Worth?
Robin Jean Sassi, Esquire