Purchasing or Selling a Business
Purchasing or selling a business can be a complex situation and usually involves an in depth analysis in all areas of the business. It is extremely important that you have an independent third party evaluate the financial condition of your business whether you are purchasing or selling.
Our firm has assisted in the purchase and sales of many businesses in various types of industries. Our first step is to perform a valuation of the business. This means that we must obtain extensive knowledge of the business and its operations as the valuation of any business is based upon many factors and cannot be considered an exact science. When purchasing a business we evaluate the past performance of the business by utilizing the historical financial statements and tax returns and analyzing future projections. We then advise you regarding all of the issues that may be of concern and require further analysis and research.