Buying A Business

Forsyths Accounting mackay accountantsWhen you’re considering buying a business, are you paying a fair price?

Is the business being off loaded because it is in trouble? Is there a change in legislation that will affect the business? In whose name should you buy the business?

We have a list of over 150 questions which must (not should) be asked so we know what you are really buying.

So where do you start?


 

“David and Tanya and looking to buy a business – they wished to purchase a motel. They brought in financials for six different motels over a period of six months and we knocked back all six. David and Tanya were frustrated but we explained it would be a mistake to purchase an overvalued business. Eventually they brought in a set of figures and we felt the business was fairly priced. David and Tanya purchased the motel and by implementing changes coupled with some hard work built a very successful business which they sold within five years for a much higher price”.
“Ron and Sue wanted to buy a large business in Brisbane; however we felt it was over valued. By putting our case to the vendors we convinced them our counter offer was fair for everyone. Ron and Sue saved a handy $150,000 on the purchase price.”
Bookkeeping Due Diligence Budget & Cashflow Finance Structures Tax & Compliance

 

Don’t hesitate to come and see us for assistance!

Contact us today