


In addition to estimating the selling price of a business, the same valuation tools are often used by business appraisers to resolve disputes related to estate and gift taxation, divorce litigation, allocate business purchase price among business assets, establish a formula for estimating the value of partners' ownership interest for buy-sell agreements, and many other business and legal purposes such as in shareholders deadlock, divorce litigation and estate contest. Here various valuation techniques are used by financial market participants to determine the price they are willing to pay or receive to effect a sale of the business. Business valuation is a process and a set of procedures used to estimate the economic value of an owner's interest in a business.
