There are many situations that might necessitate a business appraisal, including:

Business buying and selling:

Before selling a business, many business owners get an appraisal. For an ongoing business, there may be a need for an appraiser in a buy-sell situation, where one of the owners leaves the company.

Real estate:

Within a business, there may be times when an appraiser is needed to value real estate, for sale or purchase. In this case, a real property appraiser is needed.

Within a business, there may be times when an appraiser is needed to value real estate, for sale or purchase. In this case, a real property appraiser is needed.

Business disputes:

Appraisers may be needed to value a business within the process of business disputes, such as shareholder disagreements or divorces where the business property is involved.

Business damages/disaster

An appraiser may be needed to value a business for insurance purposes, after a disaster or other damage to the property and assets.

An appraiser may be needed to value a business for insurance purposes, after a disaster or other damage to the property and assets.

Bankruptcy:

The process of business bankruptcy usually includes an appraisal for valuation.