Ready to turn your passion into a profitable business? Or maybe you’re interested in purchasing a business to expand your current holdings or dive into a different industry. Both scenarios involve addressing a myriad of details. Gift CPAs can help you understand the financial options and implications of your choices and provide the advice you need to stay on solid financial ground.
We can help you answer questions such as:
- Should I acquire another company or start my own?
- Should I retain any of the acquired business?
- Can I afford this business?
- How should I structure the purchase? What is the best way to obtain financing?
- What is the best entity structure – sole proprietor? Partnership? Corporation? Non-profit?
Gift CPAs can help you:
- Analyze the purchase price to ensure the deal is fair and manageable
- Establish a relationship with the right financial institution to obtain financing
- Complete the required paperwork for various taxing agencies
- Evaluate required capital expenditures
- Conduct due diligence (licenses and permits, zoning requirements, environmental concerns)
- Work with your other trusted advisors to help you make financially sound strategic decisions