The invention discloses a preparation method of a boron nitride composite polishing solution. The preparation method is characterized in that by mass, 28-38% of water, 18-26% of ammonium dichromate, 12-20% of zirconium oxychloride and 24-32% of nano boron nitride are added to a grinding machine, the grinding machine is started, and a BN-Cr2O3-ZrO2 compound is prepared through grinding, drying and calcining; by mass, 70-78% of water, 2.0-4.0% of lignosulfonate, 3.0-5.0% of isopropyl alcohol, 1.0-5.0% of potassium bromate and 14-22% of BN-Cr2O3-ZrO2 compound are added to a reactor, a stirring reaction is conducted for 4-6 h at the rotating speed of 300 r/min, and the boron nitride composite polishing solution is obtained. The preparation process is simple, conditions are easy to control, the production cost is low, and industrial production is easy. In the polishing process, the advantages of being good in liquid polishing effect, free of scratches, high in flatness, small in dosage, resistant to abrasion and easy to wash are achieved.