Buy a Business

Key Roles Professional Advisors Play in the Buying Process

Business Brokers: Your Trusted Guide

A business broker is your partner throughout the buying journey. At Artemis Business Broker, our brokers act as matchmakers, connecting buyers with businesses that align with their goals, budget, and expertise. They:

• Present businesses that meet your criteria.
• Coordinate meetings with sellers.
• Maintain confidentiality for both buyers and sellers.
• Guide you through negotiations and the closing process.

With a broker by your side, you’ll save time, avoid common pitfalls, and gain access to listings you may not find elsewhere.

Accountants: Ensuring Financial Clarity

Understanding the financial health of a potential acquisition is vital. Accountants analyse key documents such as tax returns, profit and loss statements, and balance sheets to determine whether the business is a viable investment. They can also:

• Identify hidden liabilities.
• Assess the accuracy of the seller's financial records.
• Help structure deals in a tax-efficient manner.

This level of insight is crucial for making informed decisions.

 Solicitors and Settlement Agents: Protecting Your Interests

Legal issues are an inherent part of business acquisitions. From drafting agreements to ensuring compliance with state laws, attorneys safeguard your interests by:

• Reviewing purchase agreements.
• Clarifying legal obligations.
• Managing contracts and confidentiality agreements.

Their expertise can help you avoid disputes and ensure a smooth transaction.

Business Advisors: Planning for the Future

A Business advisor with your Accountant helps buyers assess how a new business fits into their long-term financial goals. They offer valuable advice on:

• Financing options, including loans and investors.
• Projected ROI (Return on Investment).
• Creating a budget for the transition period.

This ensures you not only acquire a business but are set up for ongoing success.