Sale and Succession Planning
When you decide to sell or it's time to retire, we'll help you to realise all of the wealth you have created through your business. Whether you are moving on to a new business or securing your retirement funds, a successful transfer is crucial.
The decisions you make about how to sell have major legal and tax consequences. We'll help you right through the sales process, from making a correct valuation to marketing your business. We'll take calls from prospective buyers and deal with solicitors and banks.
You should act as early as possible in considering the future. We can help you make a succession plan right now. It will help avert any potential disagreements between joint owners or among family members who take over from you when you retire.
Good planning covers all likely events, including a future sale or a transfer of the business within the family. As well, you need to make an effective will and have all legal documents for the business in order. We can assist on the financial aspects of any legal matter.
At B Walker and Company, we can help you to assess a prospective business thoroughly before you make a decision to buy it.
We'll provide an accurate valuation, help you negotiate with the seller, and project realistic cash flows. Our review of contracts and other legal documents will minimise or remove liability for GST on the purchase.
Our experience covers all business ventures, from joint purchases to the acquisition of shares in a business, from buying a franchise to establishing a new business.
Start with care: Founding a new business is even more risky than buying an established business. We'll test the viability of your business plan and help you structure the business to maximise profit and minimise tax.
In starting any new business, we can help you with:
- naming the business
- budgeting, cash flow and funding
- insurance and superannuation
- marketing and distribution
- management support and mentoring
- developing the business, and
- measuring results
