Business valuation might be done if the owner (or owners) of the business are considering selling some or all of their shares within the business, or that a buyer is looking at purchasing a business and that the purchaser needs to know what the business is worth “on paper” before making an offer. It might be on the death of an owner, or for drawing up a will, divorce or it might just be because the owner of the business wants to know what he or she is worth. There can be any number of reasons for wanting to know the value of a company or business.