Buying, Selling & Valuing a Business
Need to arm yourself with some info?
Do you need to get a greater understanding of your business or somebody elses? Are you thinking about buying or selling a business or need your business valued? At McFillin & Partners, we can guide you through the process, minimise your stress and arm you with the knowledge you need to get the best deal.
When considering buying a business, it’s easy to get excited. However, it’s much like marriage. As much fun as it is to get married, it’s important to know what it will cost should you need to get out!
More seriously, having a true & dispassionate idea of what you’re actually buying into is incredibly important.
Buying or selling a business?
Many businesses are saddled with downsides that are often hard to identify, from debts and other obligations and risks to your own financial security. However, McFillin & Partners make making the right decision much easier.
Our business coaching accountability services can take the stress and worry out of the process so you can focus on what is really important. In most cases this revolves around money, security and lifestyle. However, it’s really important to identify what it is in a particular business that will actually provide you with each of these things.
Although the process can be daunting, we can be with you every step of the way to help you find the right balance and make decisions with all the information at hand.
Understand the Real Value of a Business
In order to confidently buy, sell or finance against a business it is crucial to understand it’s real value in the marketplace. This is where we can help, by providing you with an external business valuation free from bias and sales talk.
This is important when you’re buying, but just as important if you are planning to sell. The worst thing you can do is to decide to sell your business when it’s unprepared for sale, or with an unrealistic view or what it’s worth. You may well need to know what to fix in order to make it worth anything to a prospective buyer.
A business valuation doesn’t have to be costly and time consuming. Our experienced team use careful analysis to help you understand what your or someone elses business may be worth so you can negotiate with confidence to secure the best deal for you.