An Appraised Value represents a business valuator’s opinion or conclusion of value regarding the business or asset being valued. Referred also as the conclusion of value, it is the final estimate of the fair market value of a business entity or part ownership of the business and normally expressed as a range of values rather than a single value. In arriving at the Appraised Value, business valuation analysts would have considered estimates reach through other methods and finally settle on the conclusion derived from the valuation method which is most appropriate for the business being valued.