Buying a Business

I Am Buying a Business.

I. . .

  • Need help evaluating the value of the purchase
  • Need to create a transition plan
  • Want advice on mitigating risk
  • Don’t know if I should restructure the business
  • Don’t know how I should fund the business

Before you buy the business, you need to know if it’s a worthwhile investment, how to go about making the purchase, and from where to draw funds. Once you’ve made the decision to purchase a business, you’ll need to decide if you should maintain its existing corporate and pay structure, and what the tax implications are.

KWB has provided me with excellent advice on asset purchases. Perry McPherson, Great Circle Investments Inc.

At KWB, we can walk you through every step of buying a business, from due diligence, to completing the transaction, to keeping operations running smoothly.

Some services you might find useful include:

Business Year-End
Buying & Selling a Business
Structuring Your Business
Improving Your Operations

If you’re buying a business and would like to talk about your options, please contact us.

If you’re an existing client, please give us a call and set up a meeting.

If you’re a new client, give us a call or send us an email – we’ll set up a no-commitment consultation for approximately a half-hour. We’ll talk about your business, your personal and professional goals, and answer all of your questions about us as well. If there’s a good fit, we’ll provide you with actionable advice and get you started down the path towards your goals.

Blog posts about Buying a Business

Jan 26 2016
Borrowing Best Practices

You may not always understand what your banker is seeing or what they are asking for, but the good news is that both your banker and you want to see the business succeed. Here is more info on the 9 simple things that will help you become a more successful borrower.

Jul 29 2013
What can a Quickbooks ProAdvisor offer you?

There are many benefits that KWB receives as a member of the Quickbooks ProAdvisor program and can pass along to you. Read about what they are, including some potential cost savings for you.

Mar 24 2013
2013 Federal Budget

On March 21, 2013 the federal budget was released. Read about the 4 items in the budget that we think are most likely to affect you.

Nov 30 2012
Economic Update

Want some quick insight into what the top topics affecting the US economy are this month? Take a look at our quick snapshot.

Jan 12 2013
Remote Accounting Support

Would you like to have a KWB staff person work directly on your accounting system at a time that is convenient for you? Or to help you figure out why your accounts aren’t balancing or why your accounting software has crashed? KWB is here to help! Learn more about our remote accounting support.

Oct 19 2012
Economic Snapshot

Are you interested in what some of the current economic conditions are in Europe and the U.S.? For a quick and easy to understand snapshot, in a half page summary format, read on.

Nov 3 2012
Is it too late to reduce your 2012 taxes and optimize your investments?

Is it too late to reduce your 2012 taxes and optimize your investments? Perhaps not—if you contact KWB right away!

Feb 16 2016
Income Splitting

Do you own a business - either incorporated or unincorporated - and have a spouse or one or more adult children with an income lower than your own? If so, you may be able to shift your income to these other family members, effectively moving the income from a high tax rate to a low tax rate and decreasing the overall tax burden on your family. This is called income splitting.

Jun 19 2012
The Value of a Unanimous Shareholders Agreement (USA)

The financial wealth of many individuals is represented by the shares of a privately-held corporation, and, as such, a shareholder agreement is an invaluable legal instrument when the corporation is being continued by other shareholders or family.

Jan 12 2016
Save Money with a Health Plan

Save Money with a Health Plan How can you save $100’s and maybe $1,000’s in taxes in one simple step? Are you an employee of your own company and do you have significant medical expenses each year of $2,000 or more not covered by a health plan? Then creating a “Private Health Services Plan” (PHSP) as soon as possible could save you big dollars.

Jun 27 2017
Disaster Recovery 101

Terrible devastation caused by flooding or fires is a potent reminder that one should not delay planning for disasters in advance. Learn how to approach designing your own Disaster Recovery Plan (DRP).

Sep 10 2013
Economic Update on U.S Interest Rates

Are you interested in what is happening with interest rates in the U.S.? Here is a quick and easy to understand summary.

Nov 24 2015
New Business Guide for setting up your business

If you are starting a small business in Canada or are operating one already, then this article is for you. Types of business structures The type of structure you choose has a significant effect on the way you report your income, the type of returns you file each year, and many other matters. The three

Jan 3 2017
Changes to the Eligible Capital Property Rules Effective January 1, 2017

Eligible capital property (ECP) includes items such as goodwill, patents, trademarks, customer lists and other intangibles with no fixed lifespan. As of January 1, 2017, the new rules for eligible capital property will come into effect and will have a significant impact on tax deferral opportunities for companies that dispose of eligible capital property. Previous