Purchasing a business
Expanding your business by buying another business can be a fast track way to the growth that you are looking for. On the face of it, it can seem like the easiest way to grow – overnight you can significantly increase your customer base and revenue – but be warned: this approach is NOT without risk.
There are many things that can go wrong and people often get themselves in difficulty, jeopardising everything they’ve worked so hard to achieve so far.
It’s easy to get carried away with excitement of doing the deal and become blinded by the ‘up side’ of the opportunity.
We can offer you an objective viewpoint about your planned acquisition, do the ‘down side’ thinking, carry out due diligence checks on the company you are acquiring and help professionalise your decision making to ensure that it really is the right thing to do.
Then, once you are absolutely certain that this is the deal you want to do, we can help you:
- Negotiate the best price and payment terms
- Source the most appropriate form of finance at the best possible rates
- Ensure that you buy the business in the most tax efficient manner
- Plan your cash flow requirements
- Project manage the purchase so that costs are controlled and timescales are met
In addition, we will also be able to give you very valuable advice about taking on your new employees. Inheriting a workforce can be fraught with problems and it is ESSENTIAL that you consider the implications before completing a purchase.
Give us a call on 020 3667 5200 – tell us about your plans and we’ll tell you how we can help you achieve them.