THIS CALCULATOR ALLOWS YOU TO WORK OUT HOW MUCH YOU NEED TO SELL YOUR BUSINESS FOR
Step 1: A House
Step 2: Add additional items
Step 3: How much will you spend each year?
Step 4: How much income is that before tax?
Note: National Insurance is ignored since income will be unearned.
Step 5: How much capital is that?
Step 6: Deduct Current Savings/Financial Assets
Step 7: Deduct Expected Inheritances
Step 8: Calculated Value of Business
SUM OF STEPS 1-7 GIVES NET VALUE REQUIRED FROM BUSINESS
Step 9: Value Of Business Required