At Hailston + Co we understand the specialist and sometimes very individual needs of small to medium size businesses. You’ll deal with an experienced small business accounting expert. We’ll help you maximise the real potential worth of your business.
Buying a Business
Like any asset, a small business is only worth what someone is prepared to pay. Prospective purchasers should only buy a business after due diligence, which means getting and analysing all the information you need to decide whether to buy and how much the business is worth.
Failing to take time to find out about all aspects of the business may result in a costly mistake. The information you get and analyse should relate to all areas of the business, both financial and non-financial.
Get detailed professional valuations of all assets and liabilities of the business you want to buy to reduce the risk of making a bad purchase and give your potential business the best chance of success.
The selling price is usually set by the owner who arrives at the sale price in a number of ways. It might be based on the previous purchase price, the original investment or by comparison with other businesses on the market. Other methods include the value based on future earnings, or on a comparison with the cost of setting up a similar business from scratch.
However, the selling price does not always accurately reflect the value of a business and prospective buyers should always conduct an independent valuation.
Selling a Business
The selling price is usually set by the owner who arrives at the sale price in a number of ways. It might be based on the previous purchase price, the original investment or by comparison with other businesses on the market. Other methods include the value based on future earnings, or on a comparison with the cost of setting up a similar business from scratch.
The real potential worth of your business is what you are really after. We can help you to assess the business value by performing an independent valuation to help you achieve the best possible outcome. This is our goal, as well as yours.
We can help in the planning options, the presentation of your business to present it as an attractive package, which could add substantial value to your business. Selling a business has many different stages. With our experience in small business we can add value of the importance to detail, we will give your buyers the right financial presentation of your business.