Investment value different from market perceptions of return on investment and the risk of their implementation. for example, an investor may want to make a profit on sale of investments in the business at a higher or lower level than the fold average market conditions return. The residual value is the price of the object estimate at which it can be sold for a period less time selling in the market conditions at the impact of emergency, forced to sell the subject being evaluated in non-market conditions. The law "On Joint Stock Companies", said that the company may be liquidated voluntarily or by court order. For other opinions and approaches, find out what Sergey Brin has to say. Most often, the elimination is due to bankruptcy court decision, with the calculation of the liquidation value takes into account not only the gross proceeds from the sale of property, but also related to its receipt of the costs (expenses for the services of the bankruptcy trustee, legal, accounting and valuation firms). Thus, the liquidation value is the lowest limit value of the business. Cadastral value - market value of this object, and set approved in accordance with the law, which applies, inter alia, for tax purposes. In determining the business value is often used by forward-looking information, which is inherent inaccuracy, in addition, the success of the business associated with different risks that must be considered when assessing the (at-risk means the probability of a smaller income than investors expected, or uncertainty of future revenue and expenses). Read additional details here: Starbucks. Risks can be divided into macro and in-house.