Buying A Business - Consultancy Services

Hi…..

Welcome to this update on ESS BIZTOOLS ADVISORY SERVICES NEWS.

In this series of newsletters we are discussing a range of Product Packages that Bookkeepers and Accountants who are considering “Delivering a Broader Range of Professional Services Including Advisory Services” could deliver.

In this edition we are commenting on “Buying A Business” Product Package included in the Advisory Intro Product Package developed by ESS BIZTOOLS.

The package includes “Buying a Business – Consultancy Services” which summarises an approach that you could take to guiding your client through the processes of evaluating a business that is for sale.

The process commences with a prompt for your client who is thinking about buying a business – have they thought about…?  The questions could include – what do they know about the business or the industry?  Will the working hours suit them and their families?  Is the location of the business suitable?

The “Purchasing a Business Checklist” identifies many potential traps involved in purchasing a business which could include:

• Does the client need more information on the challenges of operating a small business?
• Is the client considering a proposal to purchase shares in a company that operates the business if so, there is a need for a very detailed due diligence review to be undertaken on the company. The product package includes a “Due Diligence Review Document”.
• Has your client checked as to whether there are any proposals to change street access or parking close to the business?

The “Buying a Business Education Package” includes commentary on:

• Thinking about buying a business?
• Business Structures
• Budgets and Cash Flow Forecast
• Marketing and Advertising
• Retail businesses
• Trades businesses
• Manufacturing businesses
• Professionals in business
• Excellence in business
• Human resources
• Taxation
• Risk Management
• Business valuation
• Legal
• Business records
• Working capital

You are invited to access a sample of the material produced by ESS BIZTOOLS – “Thinking of Buying A Business?”  – BAS1049 – please click here.

You can access the “Business Advisory Services Video” – please click here

If you have any questions on any aspect of the services provided by ESS BIZTOOLS please do not hesitate to contact us – or Telephone (07) 4724 1118 and of course you are most welcome to visit our website www.essbiztools.com.au

A reminder that our Special Introductory Offer for “Advisory Intro Product Package” which includes the “Buying A Business” Product Package is available until 7 May 2024:

• 12 monthly payments of $99 including GST = $1,188 including GST

Or

• Upfront payment for 12 months access $990 including GST

If you wish to process a subscription please go to www.essbiztools.com.au click on “Packages and Pricing” and then click on to the “Product Package” that you wish to subscribe for:

• Advisory Intro Product Package
• Business Advisory Services Starter Product Package
• Advanced Product Package
• Financial Forecasting Product Package

Thank you for reading this newsletter – have a great day!