Simply put, a business appraisal is an opinion of the fair market value of a business (or portion of a business).
Fair market value is the price at which a business would change hands between a willing buyer and a willing seller, neither of whom are under any compulsion to buy or sell, with both having reasonable knowledge of relevant facts.
It should be noted that we rely on information provided to us by our clients and other third parties. Any inaccuracies in this information may have a material impact on the final conclusion of value.
