Buying and Selling a Business

No matter the industry, there are a lot of “need-to-knows” about buying or selling a business. The long list of factors to consider makes this a stressful and complex process which is, more often that not, mentally and emotionally taxing. For these reasons, we strongly advocate hiring a professional to guide you through your business transfer transactions.

Town CPA is a full-service accounting firm that assists business people in the greater Boston area – including Belmont, Watertown, Waltham, Newton, Needham, Lexington, and Winchester – purchase and/or sell their companies. We look out for your interests, whether you are buying or selling, as well as the interests of the business being sold. We work with attorneys to structure a sale that will guarantee business continuity, protect all business partners/family members, and minimize tax liability.

For Buyers

When you are buying a business, you need a trusted ally to advise and assist you through the process. On behalf of our clients who are buying a business, we:

• Work closely with the seller’s attorney and accountant to obtain all necessary financial records
• Analyze the business you are buying to make sure you are paying a fair price
• Review your cash flow to help with the transition to ownership
• Help negotiate the final deal

For Sellers

We know that selling a business can be even more challenging than buying one, especially if you built the business from the ground up. At Town CPA, our timely and knowledgeable assistance makes the process one that is smoother and more favorable to you.
On behalf of our business owners who are selling, we:

• Explore options well ahead of the sale that will make your business more appealing- this includes preparing a strategic plan, improving profitability, and hiring a CFO and/or other financials
• Advise you on tax considerations, depending on which type of entity your business is, so you know exactly what you’ll need when you decide to sell
• Provide all financial records to the buyer in a timely fashion and in a cooperative manner
• Ensure a smooth business transfer by facilitating communication between you and your shareholders, partners, employees, and any family members involved in the business

If you are looking to buy or sell a business in the greater Boston area, contact Town CPA today. Our 20+ years of experience will be the legwork in ultimately helping you reach your goals- whether that’s to retire to a warm climate or acquire a new business to grow for your future.