Buying a business is not an investment decision to be rushed into or made lightly.
For those of you considering buying a business, we have created the Business Buyer's Checklist.
The checklist contains 14 questions designed to:
Topics: Buying a business, Template, Checklist, business advice, business buying, Business advisor
In this blog we’re sharing information and case studies first presented by Watson Mangioni lawyers David McGuiness and Fleur Gibson in our eBook, How to conduct due diligence when buying a business.
Please keep in mind the material in this blog is not advice and should be regarded as a general guide only.
Comments by David McGuiness and Fleur Gibson
Watson Mangioni Lawyers Pty Ltd
The purpose of legal due diligence is to enable an intending purchaser to assess the legal risks associated with either a business or a company, in order to make an informed decision as to whether they will proceed with the transaction and, if so, on what terms.
Where issues are thrown up during legal due diligence and the buyer still wishes to go ahead, they may renegotiate the purchase price they’ve initially offered and also request additional warranties from the vendor.
Topics: Buying a business, Legal, Due diligence, Checklist, business buying, due diligence checklist, legal due diligence
A few years ago we worked on a business sale transaction in which one side had far less robust advice than the other – you can guess which side was which!
Our client – the vendor – was selling a reasonably large, engineering-style business.
The purchaser – while a successful business operator – was not experienced at acquiring businesses and did not appear to have thought deeply about the sort of expertise they would need to advise and guide them.
Topics: Buying a business, Advice, Case study, business buying, Business advisor, business broker, risk management, James Price, JPAbusiness, Parramatta, client case studies, buy a business, Central West NSW, business buyer
Buying a business is not an investment decision to be rushed into or made lightly.
For those of you considering buying a business, we have created the Business Buyer's Checklist.
The checklist contains 14 questions designed to:
Topics: Buying a business, Template, Checklist, business advice, business buying, Business advisor, Parramatta, Orange NSW
When buying a business, the due diligence process involves checking and verifying information relating to the basic operations and performance of the business you're interested in.
Due diligence is about identifying risks, issues and any material differences between what has been represented in information provided previously on the business, and what you and your advisor identify in the due diligence process.
If you know the risks before you jump (buy the business), then you can plan your landing (mitigate and manage the impact) during the business transfer.
Topics: Buying a business, Due diligence, cheat sheet, business advice, business buying
When working with our business buying clients, one of the first things I tell them is that price should not be their primary concern.
Of course it’s important – there’s no point enquiring about a business worth $5 million if you only have $500,000 to invest.
However, as the infographic below illustrates, there are several questions you need to ask yourself before you get too far into the buying process.
Topics: Buying a business, infographic, business buying, Business advisor
Buying a business is an investment class that is not as liquid as many others, so it is not an investment decision to be rushed into or made lightly.
For those of you considering buying a business, we have created the Business Buyer's Checklist.
Topics: Buying a business, Checklist, business advice, business buying, Business advisor
As part of our research for the 2018 Economic Outlook eBook and blogs, we looked at mergers and acquisitions activity, both in terms of our own experience in the small to mid-cap market, plus activity in the broader M&A market.
In this video, James shares some of the highlights, including the factors that are contributing to a stronger business sale market.
Topics: Advice, Video, economic forecast, selling a business, business buying
There are several important issues a vendor and, by definition, a purchaser need to consider and deal with in the transfer process leading up to settlement.
We have created the JPAbusiness Business Transfer Checklist based on the seven major issues you will need to consider:
Topics: Buying a business, Selling your business, Free download, Business transfer, Template, Checklist, business advice, business buying, Business advisor, Business selling, Parramatta, Central West NSW
