More often liquidation occurs in connection with bankruptcy on a judgement, thus at calculation of liquidating cost is considered not only the total receipt of property, but also the expenses connected with its reception (expenses on fee of the competitive managing director, legal, auditor and estimated firms). Thus, liquidating cost represents the least limit of cost of business.
Cadastral cost is the market project cost established and confirmed according to the legislation which is applied, in particular, for the taxation.
At definition of cost of business the look-ahead data in which discrepancy is inherent, except that are often used, successful functioning of business is connected with various risks which are necessary for considering at estimation carrying out (under risk the probability of reception of smaller incomes on volume is meant, than uncertainty of the future incomes and expenses) is expected the investor, or.
Risks can be divided on macroeconomic and intrafirm. The macroeconomic risks which are not dependent on the enterprise, include political instability, social changes, changes of the prices, rates of exchange, change of the tax, foreign trade, currency legislation, natural and ecological risks, industrial and financial risks, including absence of a necessary infrastructure, possible bankruptcies of partners, deterioration of a financial condition of serving bank and so forth
To the intrafirm carry risks absence of raw materials and materials, nekvalifitsirovannyj, errors at designing and planning of performance of works, wrong estimating, the over-expenditure of means, change of consumer moods, competition strengthening, loss of positions in the market, an untimely exit on the target market, non-observance by counterparts of conditions and terms of contracts, possible litigations and so forth
Before definition of cost of business it is necessary not only to consider all risks set forth above, but also to carry out the analysis of its financial condition.
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