Business Valuation Law and Legal Definition

Business valuation refers to the process of analyzing the value of a business. The basic problem of business valuation is setting a value on all the assets, both tangible and intangible assets of a business. There are different methods of business valuation used for solving the problem and attempting to determine a fair price for the business to be sold. If one is planning to sell his/her business, then s/he should not do a self valuation of business. There are so many factors that should be taken into account; therefore it should be left to professionals such as Chartered Business Valuators.