What is a Business Opinion of Value?

A Business Opinion of Value is a broker’s professional opinion of what a business may reasonably be expected to sell for under current market conditions based on available information and comparable market activity.

Unlike a formal business valuation prepared by a credentialed valuation professional, a Business Opinion of Value is intended to help owners better understand the marketplace and support informed decision-making.

If you’re considering selling your business, a Business Opinion of Value can be a helpful starting point in understanding your options.