Buying a business is a major financial decision that will almost certainly have a dramatic effect on your life.

When combined with other factors such as changes in job roles, new work hours, borrowing money to fund the business purchase, impacts on your personal life and on your personal disposable income, buying or selling a business is one of the most stressful events that will occur in your life.

In making a decision of this magnitude it is sensible to seek professional advice. The problem is that traditional types of advisors have very little experience in assessing business value and potential.

Simply looking at past trading performance indicated by financial statements is like trying to drive a car by looking in the rear view mirror.

And understanding leases, supplier contracts, personal guarantees won’t help much when you’re trying to assess the potential for increasing sales and how best to advertise and present your business.

You wouldn’t dream of buying a house without getting a building inspection done and you should regard the need to conduct a thorough and effective due diligence review in the same way.

Equally, you wouldn't sell your house without mowing the lawns, fixing anything that's broken, clearing away any mess and generally presenting it in the best possible way.

With extensive experience in building successful businesses and in working with businesses in difficulty, Focussed Strategy knows the questions to ask, the areas to investigate and where to look so that you know exactly what you’re buying – before it’s too late.

In just the same way, Focussed Strategy can help you to prepare your business for sale so that you get the best possible price.

Contact Us

For more information call us on 1300 884 675 .

Visit our Hobart office at Level 2, 11 Morrison Street, Hobart (on the waterfront).

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