Starting a new business? Get 40% off our accountancy services for 3 months! 😀

x

A recent study has revealed that the number of business acquisitions looks set to increase during 2012. The report, carried out by Venture Finance, indicates an increased interest by businesses to make an acquisition, with a quarter intending to negotiate a deal within the coming six months.

However, the report also reveals a lack of experience in the acquisition process among business owners, which could create problems for the acquiring businesses. A quarter of the 500 Small and Medium Enterprises that were surveyed said they intended to make an acquisition within the next 12 months. Worryingly, a third of the SMEs admitted they had no knowledge of how to undertake a business acquisition or a merger. Over a third of SMEs said they had no idea how to initiate a business acquisition.

According to Steve Websdale from Venture Finance, although businesses may find themselves in a sound position and ready to undertake a business acquisition, they have to consider all aspects before negotiating a deal in order to avoid a financial headache later. Websdale said:

“It’s important for those considering acquisitions to take the right advice. It is important to understand how assets can be best used. Businesses will need to create the financial headroom required to make these deals work and to prevent a loss of liquidity in the crucial post-acquisition phase.”

Negotiating a business acquisition is a complex process, and professional advice should be sought. The existing business also has to be managed during the acquisition process, to maintain a solid position in the period prior to the acquisition.

guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

June 2022 Client of the Month: Manea Kella

This month we spoke to Adrian Manea, architect and director at Manea Kella, a London based RIBA Chartered architecture and interior design…

Read More

Succession Planning for Business Owners: What Comes Next?

When you own a business, it’s extremely normal to feel like you’re surviving one day to the next – ‘winging it’, as…

Read More

The Accountancy Partnership – Our Positive Reviews

Here at The Accountancy Partnership, we’re proud of our customer reviews The reviews we receive from our customers show how hard we…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?

Yes
No

Call us on 020 3355 4047 if you’re not sure.