Whether you are buying a business to expand your company or as a way of commencing trade it is important that the business you purchase has been professionally checked out and holds no costly surprises hidden in the records.
We will check out the business and access the true value of the balance sheet ,including the realisation of the book debts, any on-going commitments , overdue supplier accounts, tax arrears and taxes becoming due.
We will also look at the profit and loss provided and any forecasts to identify potential one off items or contracts coming to an end.
All businesses have different cashflow requirements and we will assist you in identifying your required capital to run the business.
There are multiple options available in methods of obtaining businesses from share buy-outs to asset purchases through to franchise and licence agreements. We will advise you of the tax implications of each option both for yourself and the seller providing you with the knowledge to negotiate from the strongest position.