Business valuations / profitability reports
I have a client that keeps wanting to refer work to me which is either preparing the valuation for a client that wants to sell their business, or a report on a company that one of their client's is thinking of buying. I have done a couple of these already and the client (and their clients) was very happy with my work. The problem is, I worked in practice for 19yrs before working for myself and I have never had to prepare valuations/reports like this in the time I was in practice. As I have not had to prepare reports like these before I have nothing to compare my work to and it does give me a slightly uneasy feeling that I could be doing them better. Does anyone have experience of preparing business valuations/reports on businesses profitability that may be able to give me some advice?