If you aim to sell your business the accounts may need to be presented in a different way to the usual year-end accounts. This isn’t ‘cooking the books’, it’s just ensuring that a potential buyer gets the key business information that they need to make that buying decision.
Be ready to answer lots of questions and to have to maintain the balance between keeping your business running while providing comprehensive information to potential buyers – or get an expert to help.
If you’re planning to buy an existing business, you’ll need far more than just the bottom line. You’ll need to carry out due diligence to explore the financial track record and prospects and delve into specific aspects to identify and explain anomalies.
When you buy a business it’s important to know how it’s been doing, but also to look to the future. Knowing the questions to ask and understanding what the figures really mean is definitely a job for a specialist.
Whether you’re buying or selling you need expert help to ensure the figures stand up to scrutiny. Camrose Consulting can help you to cover all the financial bases and make the process less stressful.
For a bespoke financial solution call 07836 331677 or email for more information