You’ve probably heard the saying, “begin with the end in mind”.  It’s a powerful truth, and one that is especially relevant to business.  We believe that the purpose of buying or starting a business is to have it sale-ready, so that you can maximise the return from that asset.

Decisions around the purchase and sale of a business have wide-reaching impacts, on areas such as personal financial planning, tax, business structures, and succession planning.

Whether you’re buying or selling a business, you’ll want to know what it’s likely to be worth.  A robust business valuation will be a key document to support your decisions.  Inspired has prepared valuation reports for many types of business, from cafes to dental practices.

If you’re buying a business, you’ll need to consider financing or funding, and you’ll need to complete a thorough due diligence to be sure of exactly what you’re buying.  Inspired has a thorough due diligence process you can go through with confidence that you’ve covered the bases.

If you’re selling, or thinking of selling, you should take time to maximise the value of the business before you sell it.  Complete recording, development of systems to document key business processes or know-how, collection of outstanding debts, and liquidation of old or redundant stock and assets will all help you tidy up the books and reduce risks for a potential buyer.