A Broker Opinion of value, BOV, is a very good estimation of business value, similar to how a Realtor provides a comparative market analysis to a homeowner.  It is for the purpose of marketing the business and brokering a transaction to get it sold. 

In addition, owners want an annual estimate of value to show trend lines to buyers. 

Business Broker/Intermediary Valuator

Court case?  Dissolving a business through court (divorce, probate)?  Exiting and have divided interests for each partner? Need an SBA loan?

Certified business valuations are needed for litigation support, are used to get SBA loans, and for insurance requirements. They are also used for exit strategy purposes, especially when Buy/Sell agreements are in place. 

Certified Business Valuator (CVA)