Buying or selling a business? Start here.
By now it’s an old cliché: If you choose to do nothing, you’ve chosen to do something.
Chances are that, unless you clicked to this page by accident, you’ve chosen to do something. Pro-actively.
That’s a good place to start. The next thing you need to know is that execution is everything.
As Certified Valuation Analysts and Certified Public Accountants, the team at Westminster Advisory Group can help you make the transition — and the transaction — so that you’ll later look back on your sale or your buy as one of the best business deals you ever made.
If you’re selling your business, or even just thinking about doing so, you need to consider a number of questions. What is your business worth today? What should it be worth by sell time? Who are your prospective buyers?
There’s more, of course. Much more.
- How to assess staffing, processes, profits, debts and works-in-progress?
- How to get into top condition to command top price?
- How to prepare for the transition?
At Westminster Advisory Group, we can help you answer these kinds of questions as we help you find qualified buyers and structure realistic deals.
Once your deal is done we’ll walk you through post-transaction considerations such as tax and long-term financial planning.
If you’re buying a business, or even just batting the idea around, you need to do due diligence vis a vis estimating the true quality (and value) of the target you’re enticed by.
- What is its future in the information economy?
- What is its true market value at present?
- Is it a fixer-upper?
At Westminster, we know that every purchase of an existing business represents a substantial risk. Nobody buys without indulging in a little dreaming about what could be — it’s good to dream — but it’s never wise to make a move on high hopes alone. We’ll help you sort through the details of what is and what could possibly be so you can maximize the return on your investment. Or so you can avoid walking straight into a money pit.
Whether you’re looking to buy or sell, congratulations on your decision to make change happen rather than sit back and let it happen to you. And to consider calling in Westminster to help you execute with confidence.
