Many of us have a dream to run our own business, and rather than start from scratch often it can be more attractive to purchase an existing business.
How can you judge a good business and know it’s worth the asking price?
PJT is well placed to conduct due diligence on new business purchases. We evaluate such things as:
- Competitive landscape
- Products and services
- Delivery to market
- Prices and market demand
- Brand value, market dominance and reputation analysis
- Market Opportunities
- Organisational Structure
- Documented Systems and Processes
- Buildings and Assets included in the sale
- Full financial analysis of a minimum of 3 years trade to determine the worth of the business
The first thing we suggest potential business purchasers do is set a budget for due diligence. By having an independent organisation evaluate any potential business, you could save hundreds of thousands of dollars by avoiding a business which does not meet your needs, or confirm the value of a potential business and negotiate a better purchase price based on facts.
Speak to PJT today about your potential business purchase, and we will guide you on next steps in evaluating the worth of this business, or work through our industry brokers to secure a business which meets your needs now and into the future.
What Client's Say
"PJT has always provided exceptional accounting service and advice relating to business operation, planning, taxation, investment and more.",
"The principals and staff are always approachable and display a sincerity in your business and situation.",
"PJT have made our life of running our own business much easier, knowing they are up to date with the latest in tax laws, and happy to help out with any queries we have,