Buying a business – the funding options – Sold Magazine - Succession Plus

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Buying a business – the funding options – Sold Magazine

Succession and Exit

Buying a business – the funding options – Sold Magazine

By , February 17, 2015

Instead of answering the question “how do you sell a business”, this article answers the question “how do you buy a business”. Often strategic acquisitions are made to increase the size of the business and make it more valuable on sale. This article details different funding methods, including employee share plans, and outlines the current lending criteria for the purchase of a real estate business.

Craig West

Craig West

Managing Director | Succession Plus

Craig West is a strategic accountant who has over 20 years’ experience advising business owners. His background as a CPA in public practice, provided invaluable experience in the key issues of concern to business owners. Following 6 years of study to gain two masters degrees, Craig focused on Capital Gains Tax (CGT) for business sales advising on strategic management of tax issues. This experience formed a very strong view that business owners (and often their advisers) were unprepared and unaware of the steps required to prepare a business for exit.

Craig now acts as a strategic mentor for mid-market business owners and has written four critically acclaimed books on employee incentives, succession planning, asset protection and exit strategies. Craig has conducted numerous seminars and keynote presentations throughout Australia & internationally, including adviser education programs for the Institute of Chartered Accountants and CPA Australia.