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Due Diligence

Due Diligence For A Business Purchase

NEW WAVE ACCOUNTING & BUSINESS ADVISORY
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Tel (07) 5504 1999
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Accounting Due Diligence

Due diligence for a business purchase is crucial. It can be a scary time when you’re looking at purchasing a business. Your objectivity can be clouded by the excitement and determination to buy and build a business and make your mark in the world.

We can assist you with due diligence when buying a business to make sure the figures presented to you by the vendor are true and correct as much as possible. We will guide you in the buying process and provide a report ensuring everything is true or if not, what the issues may be.

When it comes to negotiating with lawyers about sale price we can assist to make sure you are paying a reasonable price based on the information we have gathered on figures and potential problems.

Due Diligence Advice When Buying a Business

Whether you’re looking to purchase an existing business or inheriting a family-owned asset, it’s crucial to make sure that you check that everything is above board.

The process of a due diligence involves our team doing a deep dive into the businesses financials to ensure that you are buying what you think you’re buying.

Any skeletons in the closet should be uncovered and the end result is peace of mind in knowing that you are making the right decision in your purchase.

Done correctly, could mean the difference between buying a ticking time bomb or a gold mine.

Why Come to New Wave Accounting for Due Diligence?

The best part? You don’t have to be one of our accounting clients to take advantage of this service. You can come to us as a new client specifically for this purpose. Maybe you’re looking at several potential businesses or just the one. No matter what you need we can do accounting due diligence on all prospects and help you make the right decision for you.

Our expertise in the business world is second to none. We work with many different industries in small to medium businesses and know what to look out for to make sure you don’t get caught out.

Due diligence is something everyone should do when it comes to buying a business but using our expertise will give you confidence when it comes to the negotiating table.

Contact us today for a complimentary discovery meeting.

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NEW WAVE ACCOUNTING & BUSINESS ADVISORY
Get in touch with our team!
Tel (07) 5504 1999
Book an Appointment

Frequently asked questions

Have a question? Ask away

Each year, New Wave hosts a Charity Golf Day gathering Gold Coast business owners and professionals together to raise money and support local causes – see video of our latest event below. Our next event is currently scheduled for 2023. If you are interested in attending or want to get involved with sponsorships, get in touch with our office 07 5504 1999.

New Wave Accountants and Business Advisory is a modern accounting firm providing tailored business solutions to businesses on the Gold Coast and across Australia. We assist clients with: Accounting, Business Review, Cloud Software, Business Setup, Tax, BAS Compliance, Business Advisory & Growth, Management Accounting and Virtual CFO services. At New Wave, our mission is to empower, excite and build confidence in small businesses by providing clarity in their figures.

We do not currently offer tax returns for individuals only as we primarily support small to medium sized businesses. However, an individual’s tax return will be prepared by us if they have a business structure.

As Business Advisors, we don’t just focus on tax, but look at ‘out of the box’ strategies to start, grow, and scale our client’s businesses. We provide world class communication both internally and towards our clients.

  • We have saved more than $3.5 million in tax for our clients over the last 12 months
  • We are not your Traditional Dinosaur Accountant
  • We don’t charge by the hour
  • We specialise in Small Business

We are RESULTS DRIVEN Accountants. We are passionate about small businesses, and we truly believe we are making a difference through not only changing our clients lives but also the lives of our team members. We offer more than just tax, but look further into how to improve profits, save tax and maximise cashflow

Every business is different and therefore has unique requirements. You can start by booking a free initial consultation with one of our Accountants / Business Advisors to help us understand your requirements and come up with a plan to assist you and your business needs. To book a free consultation, please contact our reception on 07 5504 1999.

We understand small businesses and have worked with over 800+ businesses across various industries. We also provide tailored services for specific niches such as Ecommerce, Construction, Medical and Allied Health.

We offer a $150+GST for 30-minute initial consultation with one of our Accountants / Business Advisors. To book, please contact our reception on 07 5504 1999.

Innovative, modern productivity! This is a team that understands a new way of thinking when it comes to working in the modern-day. Proactive on achieving results for your business and working alongside you to meet your goals. We are not just working with a team of accountants and advisors, this is an extended arm of our business and brand while being mentored with up to date knowledge and professional advice based on your industry. New Wave is a hub of knowledge and networks that have provided and sourced our in-house accountant, assisted in increasing cash flow while generating new business and new ways of doing business. Increased revenue and decreased expenses while expanding and re pivoting in the market. Reuben is our go to. Rachel is our world of knowledge, Ana ensures we are connected with all correspondence and up-to-date information.
Village Stores
Village Stores
Best Accounting business we have come across and we have been in business 25+ years. The support is there as much as you like or need. Thanks guys... Heres to many years of business growth together.
Tanya Lomax
Tanya Lomax
I started my new business with New Wave. Rueben, Ana and the team have been great; making the process of starting and structuring a new company a breeze. They are very responsive and professional, getting me up and running in record time, providing great advice whilst being very friendly and personable people. Highly recommend.
Your Therapy
Your Therapy
I have been using New Wave now for a few years both personally and for business. Ana is my main daily contact and it's great to know that when I need something quickly, she can get onto it straight away - breath of fresh air!! Callum my accountant is extremely knowledgeable and I take comfort knowing I'm in good hands. Would definitely recommend New Wave for anyone needing a great accountant.
Sonya Blackburn
Sonya Blackburn
Always on time and have excellent staff and service
Madison Van
Madison Van
The most professional accounting firm I've encountered. These guys are right on it with understanding the system and finding every way to help your business succeed. Communications and reports are so clear and understandable. Highly recommend for an innovative and modern accounting firm.
Talei Wright
Talei Wright
Highly recommend, I work directly with Reuben and Callum - both are excellent with providing support and advice and the two to help take you to the next level. I like that they are invested in getting to know you, and your business, this is fundamental to building a good business and without this interest, you won't stay interested in your accountants services. You're only as good as your team! I have also had help form Shaneel and Ana, also prompt, professional and helpful. Thanks team
Rachel Volp
Rachel Volp
We are very satisfied with the service we received from Reuben, Anna & the team. They are very professional and responsive.
Ruben N.
Ruben N.
New Wave has been a great addition to our business as we expand into Australia and New Zealand. We wouldn't be able to handle the ins and outs of Australia's GST regulations without them.
Chris Mitchell
Chris Mitchell
We have been with New Wave Accountants from the fruition of our business. Being a start up, it can be overwhelming what financial information we need to benefit our business. Reuben and his team has been a great asset to not only our business but also our personal financial management. We considered ourselves fortunate to have been with them when the pandemic started. They helped so much through the process with valuable information and services. They make accounting in business a stress and hassle free process.
Joyce Savage
Joyce Savage
The guys at New Wave were very professional and knowledgeable in helping me setup my ecommerce business. They provide first class service and I would highly recommend them to anybody looking for business or general accounting advice.
John Sikalias
John Sikalias
The team at New Wave helped me every step of the way to register my new company. I've never owned a business before, they provided advice and their processes are so painless and streamlined, it's great! Always quick to respond, polite and friendly team. I'll be recommending them to all my friends and family
Peter Nikolaou
Peter Nikolaou

Our Location

Phone
(07) 5504 1999
Email
admin@new-wave.com.au
OPERATING HOURS
08:00am - 05:00pm (Weekdays)
Address
Suite 5, 2481-2483 Gold Coast Highway Mermaid Beach QLD 4218, Australia

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Newwave Accounting
(07) 5504 1999
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Hi Nw Profitpooch@2x

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At the end of the day, and by the end of this book, you will have an understanding of how and why you should invest in minimising your tax and making the most of your business.

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