Business appraisal involves minority interest valuation which is the essential step through which one can find out the fair market value of a non-controlling stake in a business. In case a person or organization has less than 50% of the voting rights, their power is limited, e.g. they cannot usually change the company's policy, appoint managers, declare dividends, or decide on selling... https://www.sigmavaluation.com/estate-gift-tax-valuation