Great opportunity can be found through the purchase of an existing business, with the right leadership and business skills. With greater opportunity comes greater risk which makes the investigation and due diligence of a business for sale extremely important.
Peak Capacity consultants can assist in this process to help guide your discovery process and negotiate the right terms for your purchase. In many situations, business acquisition also carries more risk due to some of the unknowns that are difficult to discover through the due diligence process.
Step 1 – Information Gathering
In this meeting, our consultants will learn more about you and your background and begin to understand the skills, personality, and values that will make you successful in your next venture. We will also learn about where you are at in the process of acquiring a business.
Sometimes we meet people just beginning to search for the right business. In other instances the due diligence investigation has begun and we come along side them to assist in that process.
Step 2 – Business Opportunity Evaluation
Making sure a business opportunity has the potential to reach your financial goals is one part of this evaluation. As important, is to make sure the life the business creates for you is actually the life and lifestyle you desire.
Step 3 – Due Diligence Investigation
The Peak Capacity team will work with the rest of your business team (accountant, attorney, etc) to ensure you know as much as possible about the current state, and past history of the business you are considering prior to beginning Step 4 …
Step 4 – Negotiation
Peak Capacity consultants have significant experience in the negotiation of business acquisitions. They will give you guidance through this process to ensure that you purchase a business at a price that gives you the greatest chance for success, and maximize your return on investment.
Step 5 – Strategic Planning
Now the real fun begins! Taking over an existing business is an exciting (and challenging) time. Having the right plan in place to orient yourself to the people, the customers, the vendors, and to the business model itself requires a very specific plan. Our consultants are experts in helping to create this plan and coaching you through a great start with your new business.
Regardless what stage of a business acquisition you are in, set up a call today to discuss where you are at in the process and how Peak Capacity can help you make more money, as well as create a happier and more fulfilled life with a new business.