Buying a business is a huge commitment—possibly one of the most important decisions you’ll ever make. It’s not just about the potential rewards; it’s about making sure you’re making a sound investment, and that means getting the right financial advice before you sign anything.

An existing business might come with loyal customers and established revenue, making it easier to step in and get started. But hidden issues—like existing debts or operational challenges—can quickly become your problem. Without proper insight, you could be buying more trouble than opportunity.

That’s why thorough due diligence is essential before buying a business. You need an experienced accountant to verify all the information so you know exactly what you're getting. Skip this step, and you might regret it. At Twenty Acres Accounting, we’re here to make sure you get a fair deal and are set up to succeed.

Don’t risk it—contact Twenty Acres Accounting today for the expert support you need.

What does "due diligence" really mean?

Simply put, it's about verifying what the seller tells you. The reality is, the information you get from a seller will always be one-sided. To ensure you’re paying the right price, you need an objective, third-party review from someone experienced in legal and financial matters.

An accountant’s perspective during due diligence is invaluable. They don’t just verify financial statements—they also evaluate profit forecasts, market demand claims, and the overall reliability of the information provided. This detailed analysis helps ensure the business is as healthy as it looks on paper.

And it’s not just about numbers—valuing assets is another critical aspect of buying a business. Without a proper valuation, you could easily end up overpaying.

Need due diligence support? Get in touch with Twenty Acres Accounting and let’s talk about how we can help you buy with confidence.

If you’re planning to sell your business, you need to present buyers with accurate and thorough documentation to get the best deal. Even if you aren’t looking to sell just yet, there are things you can do now to ensure you’re in the best position for a future sale.

Accurate financial records are a must—they ensure the business is valued correctly, which can be the difference between closing a deal and losing a buyer. Valuing a business isn’t straightforward, and an experienced accountant can guide you through different methods, from profit-based valuations to cash-flow analysis.

If your valuation isn’t precise, you risk being underpaid or even struggling to find a buyer. Twenty Acres Accounting helps determine the accurate market value of your business and prepares everything needed to present it clearly to potential buyers, maximizing your return.

Ready to start planning your sale? Contact Twenty Acres Accounting for an obligation-free consultation.

No one likes to think about how their business will end, but having an exit strategy is critical. Whether your plan is to sell to investors or pass the business on to your family, planning your exit from the start ensures everything aligns with your goals.

If your goal is to create a family legacy, then a succession plan is key. It’s also important to be prepared for unexpected situations where you may no longer be able to run the business. Having an exit strategy helps minimize losses and secure the value of your hard work.

Failing to maintain proper records can make it difficult to value the business correctly when the time comes, leading to a disappointing sale. At Twenty Acres Accounting, we make sure your records are in order and help you craft an effective exit plan.

Don’t leave your future to chance. Talk to us today at Twenty Acres Accounting about creating a secure exit strategy.

If you own a business, planning for the future is crucial. What happens to the business when you can’t manage it anymore? Whether it’s due to retirement or an unexpected event, having a succession plan in place is vital for your peace of mind and the stability of your family.

Without a clear plan, disputes over ownership can arise, especially during difficult times like divorce or separation. Only a third of family businesses make it to the next generation successfully. But with the right planning, you can secure the business for those who come after you.

Succession planning isn’t just about deciding who takes over; it’s also about making sure financial records are up to date, and that the business is properly valued to prevent misunderstandings. At Twenty Acres Accounting, we help you plan for these moments, ensuring everything is as smooth as possible.

Take proactive steps to protect your business. Reach out to Twenty Acres Accounting today, and let’s work on a comprehensive succession plan together.