The report delivers a supportable opinion of the value expressed in terms of money. The appraiser is likely to interview the company principals to address ownership, operational and human resource contributions to business value as well as other relevant variables. After a preliminary survey and gathering of data, the appraiser prepares adjusted and projected financial statements. The appraiser then applies the valuation methods to the data, reconciles the data in order to prepare a final estimate of value. A report is prepared.
Final payment is made.
Report is then delivered.