Accounting firm for business succession

Approach and Commitments

Business succession is about more than just signing a transfer agreement. It requires thorough preparation: performance analysis, financial statement verification, company valuation, structuring the deal, studying tax implications, and anticipating social or wealth-related consequences.

Working with an accounting firm for business succession like Virtus Group allows you to approach this process with a structured methodology. We begin by analyzing the company's situation: profitability, cash flow, expenses, accounting organization, existing commitments, the quality of financial data, and any factors that may influence the transfer value.

Based on this diagnostic, Virtus Group supports you in preparing for and monitoring the transaction. Our firm helps you produce the information needed for discussions with stakeholders, identify areas of concern, anticipate tax consequences, and manage the process through to the finalization of the transfer.

Additional Areas of Expertise

Our experts support companies across the key dimensions of a succession project, with an approach focused on valuation, transaction security, and business continuity.

• Bookkeeping: Ensuring accounting reliability, preparing balance sheets, organizing supporting documents, and providing actionable financial information.
• Financial management: Cash flow analysis, margin studies, flow reconciliation, identifying areas of weakness, and producing reports to support company valuation.
• Payroll and HR management: Monitoring employment obligations, analyzing social charges, anticipating the impact of management or organizational changes, and ensuring compliance.
• Legal support: Assisting with transaction structuring, coordinating with legal counsel, preparing necessary documentation, and managing formalities.
• Tax optimization: Assessing the tax implications of the transfer, analyzing applicable regimes, anticipating capital gains tax, and identifying compliant solutions.
• Income optimization: Advising on the allocation of proceeds from the transfer, balancing remuneration, distributions, reinvestment, or wealth management based on the owner's goals.
• Strategic guidance: Developing a transfer timeline, tracking key milestones, establishing decision-making indicators, and providing support for trade-offs between valuation, timing, and security.