Due Diligence
Many firms are keen to do a deal (whether buying or selling) but find that what they think they are buying/selling and what the other side thinks are not aligned. It’s more important than ever to instruct professional advisors who can understand the variables and calculate the actual underlying value of the assets and the effect of your negotiations.
It can be quite easy to agree to a broad value, but how do you know the assets of the firm you are basing that decision on are valid?
Firms who have agreed to a deal and need accountancy support in finalising the transaction.
I will produce a written report to consider the financial stability of the firm in question.
To help you confirm that the value in the firm is valid.
Timelines vary depending on the complexity of the firm and the areas you wish me to examine. Most reports take between 1 and 3 weeks.
Costs vary depending on the size of the transaction and the level of adjustments or alternate variables required.
As a guide, a very simple report with minimal contentious points or significant follow-up would be approximately £3,000 a very complex one with hours of discussion backwards and forwards would be £20,000. Most clients budget £5,000-12,000.
Discounts are available for prompt payment and for those already enrolled in the outsourced FD service.