This document provides guidance for students completing a controlled assessment on investigating a small local business. It specifies that students must choose an actual small business to study, which is defined as a sole trader, partnership, or private limited company, not a franchise or large public limited company. It recommends sources for finding a suitable local small business to research, such as local business directories and websites. The document outlines the tasks, research, and marking scheme for the controlled assessment, emphasizing the need to collect high-quality research from multiple sources in the initial three-week research period before writing up the assessment under strict exam conditions.