The advantages of buying an existing business can be great as it eliminates the growing pains of starting your own business.
It can also be a financial disaster if you don’t understand what you are getting for your investment.
Remember, the proven investment adage of RISK v/s REWARD i.e. the higher risk - the higher the reward should be.
When purchasing a business the reverse applies – “the higher the risk – the lower the price”
Before you invest in an existing business and potentially acquire someone else’s problems, we can assist you by providing an objective assessment and analytical appraisal of the proposed purchase of a business before your outlay any capital.
The old expression “a little knowledge is dangerous” holds true when buying a business and that is why we believe “it is better to be fore warned, than sorry”.
We can provide you with a better understanding the business that you are considering acquiring with:
- A confidential Business Assessment
- Analysis of all the Information supplied by the vendor
- An assessment of the current, future and sustainable profitability
- An objective appraisal of the market place and business growth prospects
- An Appraisal of the “real” value of the target business
- Assistance with the negotiation of a purchase price, and
- A Due Diligence service (verifying all the information provided which provides a better understanding of the business and minimises the risk of any misleading information before the final settlement and the balance of the purchase price is paid).
