Help with Buying a Business

Purchasing a business is a significant investment and a complex decision that can shape your financial future. At DFK Everalls, we specialise in guiding individuals through acquiring a business. We provide expert advice to help you make informed decisions and set yourself up for long-term success.

From evaluating the financial health of the business and potential opportunities to understanding tax implications and structuring the purchase, we’re here to simplify the process and protect your interests.

How We Can Help

Comprehensive Financial Analysis

Before committing to a purchase, it’s crucial to understand the business’s financial position. We’ll thoroughly analyse the financial records, including profit and loss statements, balance sheets, and cash flow reports. This ensures you know exactly what you’re buying and whether the business’ likely future profitability aligns with your financial goals.
Valuation Support
Determining the fair market value of a business can be challenging; it’s important to understand whether you are buying just the assets or the whole business structure (e.g., Company shares), which includes any liabilities. We’ll help you assess whether the asking price is reasonable, considering the business’s assets, liabilities, and market potential. Our expertise ensures you don’t overpay and can confidently negotiate your purchase terms.
Tax Implications and Structuring Advice:
How a business purchase is structured can have significant tax and legal implications. We’ll guide you on the best structure for your acquisition—whether as an individual, partnership, company, trust or combination. We’ll explain the set-up & ongoing costs and the income tax and capital gains tax consequences.
Due Diligence Assistance

Conducting due diligence is vital to uncovering hidden risks or liabilities. We’ll help you review contracts, leases, and other legal documents to ensure you understand all the financial implications.
Cash Flow and Budgeting Analysis:
Acquiring a business usually requires a significant investment. We can help you calculate the funding you’ll need to buy and keep the business, determine how to finance it, and create strategies for managing it effectively as your business grows.
Income and Expenses Budgeting

Understanding your business’s forecasted profitability or different strategies going forward as you take over is essential for financial control and planning. We can guide you in creating budgets for your income and expenses, providing you with a clear financial roadmap. This helps you allocate resources effectively and prepare for financial challenges.
Transition Planning
Successfully taking over a business requires a smooth transition plan. We can assist in setting up accounting systems, training staff, and ensuring seamless operational handover.
Peace of Mind Throughout the Process

Buying a business is a significant step, and having the right advice can make all the difference. Our personalised approach ensures that you’ll clearly understand every aspect of the transaction. By working with us, you can confidently move forward, knowing that your investment is based on sound financial and strategic advice.

As a small business owner in Canberra I benefit immensely from have DFK Everalls as my business and personal accountant. Compared with other accountants I have engaged in the past, DFK goes above and beyond to provide a superior service that gives me total confidence and peace of mind in all my financial matters.

Louise McDonough