insideKENT Magazine Issue 35 - February 2015 | Página 151

BUSINESS BUYING OR SELLING A BUSINESS? AT WILKINS KENNEDY, WE HAVE NOTICED AN INCREASE IN THE DEMAND FOR OUR SERVICES WHEN IT COMES TO BUYING AND SELLING BUSINESSES. THESE TRANSACTIONS COME IN MANY FORMS INCLUDING RETIREMENT SALES, STRATEGIC ACQUISITIONS OR MERGERS, MANAGEMENT BUY-INS OR BUY-OUTS, AMONGST OTHERS. Whatever the reason might be, selling and buying businesses requires practical knowledge and expertise from someone who has a depth of knowledge in this field, as there are all sorts of things to consider. business, and this can be a crucial process that requires professional expertise and knowledge. There will be a way to structure any taxes arising from the transaction, but an accountant will be able to help you out with this. BUYING A BUSINESS SELLING A BUSINESS If you decide to buy a business, or indeed invest in one, then there are several factors you need to take into account. It is a complicated process, especially if this is your first time, so it is important that you know what you are looking for – and how to negotiate. Circumstances will vary from business to business, so you need to make sure that you are obtaining the correct advice from an accountant. If you are thinking of selling up you will also need to consider elements such as: Securing the right deal When it comes to mergers and acquisitions, the path can be fraught with all sorts of risks, but there is also a lot to consider in terms of what you wish to gain from a merger, what the acquiring company’s conditions are, and whether you are interested in pursuing