How do I go about acquiring a business?
If you're thinking of acquiring a business, whether it's a start-up or an established company, BSR Bespoke accountants can help you through the process, step by step. We can also help you sell your existing business or retire from it tax-efficiently. If you need to restructure your business, our experienced team can support you with that, too.The BSR Bespoke team is ready to guide you through the acquisition process. We'll help you choose the best structure from the outset, whether that's a sole tradership, partnership, limited company or limited liability partnership. We can then:
- take care of all registration processes with HMRC and Companies House
- introduce you to banks, insurance brokers and solicitors where required
Who can I talk to about acquiring a business?
As experts in valuing businesses, our accountants can advise you on the right price to pay, as well as helping you negotiate with the vendor. We also carry out due diligence work to help identify, evaluate and minimise risk, supporting any legal advice.
What is due diligence?
Due diligence is a full financial appraisal of a business that's carried out to help a buyer or seller to make a properly informed decision by:
- validating the company's financial statements
- confirming and ascertaining the assets and liabilities of the business
- identifying any risks
- researching the financial and commercial background and history of the business.
What do I need to think about when selling my business?
If you're considering selling your business, or you're thinking about retiring from it in the near future, BSR Bespoke in Tunbridge Wells can:
- advise you on its potential value
- help you to structure a sale to maximise proceeds and tax efficiency
- put you in touch with our professional network to help you market the business
- help you to negotiate with potential purchasers.
Help with restructuring
If you need to restructure, we'll advise you on the suitability and tax efficiency of your options. We'll also recommend changes as and when they become appropriate, whether due to expansion, diversification, succession planning, changes in tax legislation or other changes in circumstances.