Buying a business
Expansion by buying a business or merging with another company can help you boost profits and gain new customers. Our experts are on hand to ensure your acquisition or merger is a success for everyone involved.
Before you sign on the dotted line
Buying a business can be a great move if you want to expand into new geographical areas, increase your product range or reach a new audience. But there are a few things you should think about before you commit:
Find the right business
We can help you with everything you’ll need to know from identifying and approaching target companies to advising on the valuation and even project managing the entire purchase.
Ensure you have adequate resources to complete the purchase
Don’t underestimate the time and money involved in buying a business and make sure your budget includes a contingency.
Check the small print. Then check it again.
Detailed due diligence is essential when buying a business. Ensure you have up-to-date financial and legal information, and have it analysed professionally.
Look at the management team
Are the current team capable and planning to stay with the business? What is the potential impact on the business if the owner is selling to retire?
Draw up a business integration plan
Bringing two businesses together is never easy so plan how you will integrate them.
Selling a business
We will support you through every step of the process, from establishing the value of the business to preparing a prospectus for the business and even meeting prospective buyers. We can also advise on tax matters relating to the sale of your business and help develop an exit strategy to ensure you say goodbye on good terms and in the best financial shape.
Knowledge is powerful – especially when you are thinking about selling a business. Having a realistic valuation of your business will put you in control when negotiations start. We can access extensive data to compare similar deals and companies, and give you an objective opinion or a full written report.
Get the most from the sale
Whatever your reasons for selling, proper planning is key to a successful sale. Here are just some of the questions you should be asking prior to selling:
- What is the true value of my business?
- Will my business attract interest from potential buyers?
- Is everything ready for a ‘smooth’ sale?
- How can I increase the value of my business?
- When is the right time to sell?
- Who might be interested?
- What are the tax implications of selling my business?
We can help you with all matters relating to selling your business so the sale can be completed in the best and most profitable way for you.