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.