Auxano Capital understands there are many aspects of buying a business that are initially unclear to the investor which is why we put together a list of Frequently Asked Questions to answer quick questions and help you get started. Allow us to help kickstart your new or next business venture and read on to see if these answers fulfill any of your immediate questions.
Starting a business or buying an existing one in North Carolina can be a rewarding venture. The state offers a plethora of opportunities for entrepreneurs and investors alike.
When considering the acquisition of a business, one of the most crucial decisions is whether to involve an M&A (Mergers and Acquisitions) advisor in the process.
In the world of entrepreneurship, there are two primary routes to owning a business: starting one from scratch or buying an existing one.
While not mandatory, involving an M&A Intermediary from the outset can provide valuable insights, helping you identify potential businesses that align with your goals and ensuring a smoother buying process. Auxano will help you achieve the best-case scenario by ensuring these criteria exceed your standards.
Due diligence is a critical aspect of buying a business. As your Business Intermediary, Auxano Capital can assist with gathering financial records, contracts, employee agreements, and other essential documents so that you have clear information about any potential acquisition or purchase.
Firms led by entrepreneurs that have actually operated and managed multiple businesses as executive members of M&A transactions provide much needed experience and reality-based perspective to your transaction.
Yes! Auxano has a team of terrific professionals that can support business transactions, if needed – Attorneys, CPAs, and Financial & Wealth Management Advisors. Our expert associates are not only our partners, they are our friends, and we look forward to helping you build you professional network of quality, high character people.
50% of new businesses fail within the first 5 years. Many buyers prefer to purchase an existing business that has a proven track record.
You eliminate a large portion of risk in running a company that already has a proven track record/business model as compared to starting one from scratch. Additionally, a newly purchased business’ growth typically accelerates once a new owner introduces new ideas & practices.
Goodwill is best defined as the difference between the total value of a business and the value of other “hard” assets, inventory, and equipment. The price of goodwill = how engaging the business is + financial prominence of the business (cash flow).
In it’s most basic form, Goodwill is the intangible values such as the company’s brand, value of existing employees, marketing lists, website/internet assets, proprietary software, etc.
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