Due Diligence

As a potential purchaser, how do you know if the business you want to buy is what you think it is? It’s often what’s not said by the business owner in these situations that is most important.

If you are considering buying a business or shares in a business, then due diligence is vital.

Discovering hidden information

Due diligence is the process of uncovering scenarios that might not be evident from financial statements. For example:

  • Who owns the assets?
  • Do any undisclosed liabilities exist?
  • Are assets adequately protected by way of patent or trademark where relevant?
  • Is the vendor involved in a legal dispute?
  • How secure are customer relationships?
  • If shares are being purchased, does the vendor have a sound tax compliance history?

Our experience

Accru has completed the due diligence in a number of transactions ranging from a $1m sale of a manufacturing company to a $90m merger of Australia’s two largest online dating businesses.

How Accru can help you

Our services include:

  • Reviewing customer and supplier contracts
  • Researching industry trends
  • Reviewing profit history and establishing its relationship to business cashflow
  • Understanding why the vendor wants to sell
  • Establishing if there is any history of industrial relations
  • Establishing whether the vendor has been involved in any past or present legal disputes
  • Reviewing supplier trading terms
  • Understanding if the vendor has pledged assets as security outside of what is immediately apparent.

Engaging a due diligence specialist will give you the assurance you need when considering a business purchase. No matter how small the transaction, due diligence should be part of the process.

If you’re considering a business purchase, contact us now.

About Us

Accru is an award-winning network of Australian accounting firms

OUR CLIENTS

“Accru Hobart has supported our business development, due diligence and governance responsibilities for over six years. Our ongoing relationship is a testament to their professionalism, ability to understand our needs and provide specialised, professional support at a competitive rate.”

ABOUT

Our people are naturally experts in their field. With a team of 200 across Australia, you’ll find a myriad of skills to help manage your business and financial challenges.

NEWS

In medicine, the word profit can garner negative connotations. Often, we see doctors who run practices that make hardly any profit.

SERVICE

Improve your business performance and achieve superior return.

ABOUT

Accru is an award-winning network of independently-owned accounting firms in Australia. We help businesses grow, thrive and generate wealth for their owners…

Accru Due Diligence Experts
hobart
One of her core strengths is providing end-to-end tax and accounting support to small-to-medium sized businesses with a high focus on driving profitability and value.
hobart
Fiona is enthusiastic about informing and reassuring clients of their financial position, be it in regard to the value of their businesses, or their tax returns.
hobart
He makes his clients’ financial and tax issues as hassle-free as possible, so they can spend more time working on parts of the business that they enjoy and make them more successful.
hobart
Tim specialises in helping clients plan for the future with a focus on maximising business value.
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