Buying a business

Buying a business can open up a huge number of development opportunities; rapid growth, market/geographic expansion and increased market share being just a few examples. The key to unlocking those opportunities lies in buying a business that is the right fit for your commercial ambitions.

What do we mean by the right fit? Essentially, buying a business that can:

  • Achieve your commercial objectives, and
  • Integrate into your existing operations successfully.

Finding and buying the right business

The preparatory work involved in buying a business represents a huge undertaking for any commercial enterprise. Furthermore, a whole host of specialist skills and knowledge are required to complete the transaction successfully.

As a guide, to complete a successful purchase it is advisable to have:   

  • Assessed the marketplace for suitable businesses to purchase
  • A comprehensive understanding of the business you are purchasing
  • Evaluated fund raising options and secured funding 
  • Agreed how to structure the purchase
  • Put suitable resources in place to manage the business purchase, negotiations and post-deal integration, and
  • Planned for post-acquisition integration and mitigation of tax and other liabilities.

Buyers will, therefore, typically appoint a suitably qualified and experienced firm of accountants and advisers to manage the purchase. Consilium Chartered Accountants fulfil this role for Scottish businesses across multiple industries and sectors.  

Finding the right advisers when buying a business

By offering a comprehensive Corporate Finance, Tax, Accounting and Audit services to clients, Consilium are trusted advisers to business owners, funders and investors. We are able to provide an end-to-end service that will support you throughout the process of buying a business. 

Our areas of expertise include: 

To learn more, speak to one of our Corporate Finance Partners Linzi Wilson or John Blair.

John Blair
Partner
Corporate Finance Advisory
Click to Contact
0141 204 6650
Linzi Wilson
Partner
Corporate Finance Advisory
Click to Contact
0141 204 6650