Buying or Selling a Business

Buying a business can be very exciting, we can help bring clarity and transparency to the transaction.

Shop Owner

Whether you are buying or selling a business, you will need an accountant to help you understand the transaction's value, tax implications and calculation of any continuation of employee liabilities. 

Balance123 have considerable experience with business sales, and are familiar with all the steps that make up a business sale transaction successful for both parties.

Whether you are buying or selling a business, it is important to have an accountant review the sale contract, consider the implications on GST, capital gains tax, leases and so on. We will make sure you are aware of all the financial implications in the agreement, and advise you the best ways to reduce risk and maximise the net proceeds from the sale.

If you are buying or selling a business and need an experienced accounting team for the process, contact us for a fixed fee quote via the form on this page or by calling 0403 996 957.

We are here to help, if you have a question or would like to meet over a coffee or Zoom - send us a message!

Common Services

We can help you with:

  • Valuing the business

  • Setting up a new Company or Trust

  • Calculating employee leave balances

  • Registration for GST and PAYG Withholding

  • Explain the tax concessions available

  • Calculate the tax payable on the sale

  • Help you reduce the tax payable on the sale

  • Help maximising the tax benefits for the buyer

  • Helping you transition post sale of the business