Melbourne Business Accountant & Tax Agent | Dendra Accounting Group

Business Sale

Your accountant can help achieve an optimum business sale, by presenting purchasers with a positive income generating asset. That may include document preparation, negotiation or even creating a business plan.

Perhaps selling your business seems a long-term vision. In reality, you should prepare for when that time comes. Your accountant is a valuable resource for the balance sheet and financial statements that prospective buyers request. However, there are many factors to a successful business sale.

Putting a business plan in place

Measures like creating a business plan ultimately make your business more attractive to purchasers. Often a business plan is essential for your purchaser to raise finance too. If you are considering a sale, contact Dendra Accounting Group at least six months in advance. That gives you and your accountant plenty of time to design a strong, appealing business plan.

Selling part of your operation

Many owners choose to divest one part of their business. That means your accountant needs to prepare an independent balance sheet and financial statements. Dendra Accounting Group is experienced preparing segregated accounts to demonstrate cash flow, growth and profit within multi level businesses.

Once you have decided to sell your business, we can help you to: 

• Identify and approach potential buyers or investors
• Advise on tax-efficient disposal routes
• Liaise with your legal team 
• Negotiate closure terms

Financial factors often lead to the decision to sell a business, so current financial statements are critical. As a business sale can take time to secure, ask your accountant about keeping your balance sheet and financials up to date.

Dendra Accounting Group also supports business owners needing to: 

• Ready their business for sale
• Prepare Section 52 documentation
• Maximise their business sale price
• Minimise tax impact on profit from sale

Are you developing an exit strategy for your business? Contact an accountant with the right kind of expertise. Speak with Dendra Accounting Group today.