To buy or sell a business can be a life changing decision and needs to be based on solid information as this will affect your level of income and also the level of taxes you pay each year.
To buy an existing business may be a better option than trying to start from scratch, however you need to ensure that the business being purchased will provide the lifestyle and opportunities that meet your needs and the level of income you are looking for. Many businesses are profitable with the current owners and you need to ensure that this will continue when you own the business.
At Counting Wealth we have lots of experience guiding our clients through the process. To see how we can help you contact us on 03 5973 6888.