Forums: Discussions for entrepreneurs and small business.

We have recently changed from a sole proprietership to a corporation, and we are getting ready to open the books. Our Company has been in busines for over 10 years, so we have a substantial amount of property that we will be transferring to the Corporation. Does anyone know of a standard method or formula of determining the value of property that has been accumulated- which factors in the value of the property to the corporation-considering things like the cost of personal unreimbursed labor, part sourcing, research and development, etc?

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Patti
Virtual Soundman Corporation
http://www.virtualsoundman.com