Selling a Business

Selling a business can be a difficult, disheartening time and the tasks involved can seem particularly arduous. At Thorntons Business Advisors we take the unwanted burden from you.

The services we provide for preparing to sell a business include:

  • Pre-sale business review
    • Preparation of outstanding financial statements and tax returns
    • Review of interim (year to date) data
  • Tax Planning
    • Review eligibility for Small Business Capital Gains Tax (CGT) Concessions
    • Review of proposed timing of sale to minimise tax
    • Prepare strategy to minimise/eliminate CGT liability
    • Estimate tax liability arising from proposed ale
    • Associated superannuation planning
  • Preparing Information Memorandum for prospective purchasers
    • Compilation of due diligence material
    • Responding to requests for information from the purchaser
  • Preparing Profit and Loss Statements (with multiple period comparatives) and supporting notes
  • Contract advice (in conjunction with lawyers)
  • Obtaining comparative results
  • Establishing a realistic sale price
  • Negotiating with your selling agent
  • Post Sale Assistance – Business structure windup including
    • planning tax effective payments before closure
    • vesting of business/investment trusts
    • liquidation of trading companies to access CGT concessions

Our friendly, professional team will help you obtain a maximum return for your business

We also have direct contacts who can assist you with:

  •  Finance
  • Legal
  • Settlement

Speak to our advisors today

At Thorntons Accountants and Business Advisors our friendly, professional team will help you obtain a maximum return for your business.