This will be provided in Word format and it is then up to the practitioner or user to customise the report for the specific purpose intended, including:

• specific information relating to the client;
• shareholding and governance matters;
• comment on financial performance history;
• comment on financial position at the valuation date;
• full description, if required, of the business itself including what it does, staffing issues and location;
• information on the industry in which the business operates and the barriers to entry and competitors.