Buying a business can be a challenge in many ways including financial viability to lifestyle considerations, demands on time as well as the psychological pressures created when all decisions concerning the business are made by the owners on a day to day basis, and as we all know we have all been guilty at one time or another of making hasty decisions after what we we believed to be careful consideration making many decisions on the spot have proven to be the wrong ones, and most particularly when staff are concerned to whom a duty of care can arise and become a factor in dealing with staff issues but other legal issues including regulatory and compliance requirements in general. So locating the right business for potential owners is best achieved with the benefit of a devil’s advocate as opposed to dealing with a business broker where in its really a case of buyer beware. Viability must be balanced against liability in terms of cost in the way of financial input, time and stress weighed against the financial rewards. Remember, It’s the fish John West rejects that makes John West the best and this is true in the case of applying the careful due diligence aspect when locating the ideal business to suit both your financial and lifestyle needs and potential business buyers would be wise to consider the advice of their accountant as well as a “Devil’s Advocate” in the creation of a shortlist. 

We do not act as business brokers as such but work for potential business buyers in an advisory capacity  only but are happy to assist the vendors of businesses in pointing them in the right direction to sell their businesses themselves in an economically attractive and perhaps in a more financially attractive strategy.