Purpose first
Define the interest, valuation date, intended users and the decision the work needs to support.
Choosing an adviser
Choosing a business valuation adviser
Start with the purpose of the work and the experience needed for your matter. Relevant qualifications are one consideration alongside independence, evidence, scope and the quality of the reasoning.
A clear valuation process
Experience. Evidence. Clear reasoning.
A useful valuation connects the commercial question with the available evidence and explains how the conclusion was reached.
Evidence examined
Understand the financial record, business risks and assumptions that influence value.
Methods explained
Explain why the selected approaches are suitable and how the material inputs were assessed.
Limitations clear
Make the scope, assumptions and permitted reliance visible alongside the conclusion.
Before an engagement
Questions worth asking
Experience and independence
- What relevant valuation experience does the proposed adviser have?
- Are there conflicts or relationships that need to be considered?
- Who will carry out and take responsibility for the work?
Scope and reporting
- What interest, date and basis of value will the report address?
- Who may use or rely on the report?
- How will methods, assumptions and limitations be explained?
Begin with the decision you need to make
Describe the matter at a high level so we can discuss its purpose, the available information and an appropriate next step.