Buying a business can be both an exciting and stressful time. The thrill of buying a business to start a new venture or to expand your current business is a great achievement and a feeling you want to keep and enjoy.
Having a team around to support and guide you through it can be invaluable, especially as there are many important due diligence actions that needs to be completed so you know exactly what you are buying and what it is worth.
Structuring the deal in the right way can be crucial to not only protect what you are buying, but also a current business or personal wealth. It can also affect the amount of tax you will pay.
There are also many non-financial aspects of buying a business that many buyers underestimate. How your new business will integrate with your existing business. Will the cultures conflict, client or customer reaction, funding requirements, will accounting systems or wage levels need to be changed? The list goes on.
Working with us you can expect support throughout the process from initial stages to completion. We can advise you on your deal structure, financing options, identify and assess any potential risks. We can help you to ensure that solutions are in place to deal with them if they arise and planning your new business venture by supporting you in creating targets, goals and measures to help it grow and meet your desired performance.
In many cases a business acquisition is a substantial investment without a 28 day returns policy. You get one chance to get it right, so it is important to invest the time and effort in advance of signing on the dotted line!