What is My Business Worth?

A Broker Opinion of Value (BOV), also referred to a Broker Price Opinion (BPO), is an assessment of value that is typically put together by a Business Broker or Intermediary, on behalf of a company owner and their business. While this valuation is essentially a broker’s “best guess”, it is backed by market variables, comparable sales data, and up-to-date industry knowledge. Combining these data sources with a company’s financial performance, market position, customer base, equipment value, and organizational structure helps support pricing strategy.