Business acquisitions & disposals

Buying a business 

Buying an existing business can be a big step forward in expanding your operations, but it is vital that the process is handled well.

Ellingsworths has the knowledge & experience to guide you through the process & steer you clear of the potential pitfalls. 

Our joined up services to those buying a business includes:

  • Identifying businesses that have a strategic fit with your existing operations
  • Approaching potential targets
  • Performing initial due diligence
  • Assistance with making an initial offer & negotiating heads of terms
  • Planning tax implications
  • Preparing business plans, liaising with banks & other financiers and raising necessary funding
  • Performing detailed due diligence & negotiation of final terms
  • Liaising with lawyers & other advisors through to completion

Selling a business

Selling a business is often represents the height of many years hard work. It can be a difficult, emotional and time consuming process and is typically something that business owners will do only once. You only have one opportunity to get it right first time and to make sure you reap maximum financial rewards for the business that you have developed.

At Ellingsworths we have significant experience of the process of selling a business and can manage the process for you to help maximise your financial rewards and avoid potential risks.

Our integrated solutions to business owners selling a business includes:

  • Advice on preparing the business for sale
  • Assistance with preparation of the sales memorandum – the initial marketing document sent to interested parties
  • Marketing the business – finding, approaching and drawing up a shortlist of potential buyers
  • Receiving, negotiating and weighing up the offers
  • Agreeing heads of terms with preferred buyer
  • Planning tax implications
  • Liaise with the buyers advisors throughout the due diligence process
  • Liaise with lawyers and other advisors throughout the legal sales process
  • Advising through to Completion of the sale
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Ellingsworths Auditors, Accountants, Tax Advisors, Business Advisors
The Willows, Maypole Street, Wombourne, Wolverhampton, West Midlands, WV5 9JB
E: enquiries@ellingsworths.co.uk T: 01902 896 730