Legal Question in Business Law in India
Business Law
while selling a proprietorship business, absolutely, as a going concern, what items in the Balance sheet are excluded or included while making the valuation of business?
whether Cash and Bank Balances and Capital are included?
2 Answers from Attorneys
Re: Business Law
ur cash, bank balance ur capital ur everything which is related to the business and you have shown the property of the business will be taken into account in the valuation.
it would have been better if you would have asked that what u want so that we could have adviced you accordingly.
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Re: Business Law
Your entire balance sheet reflects the true value of your business. Later it depends on the terms and condition of take over between you and the purchaser.
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