Acquisition | start-up
We cover every service that you require to give
yourself the best start in your new enterprise
yourself the best start in your new enterprise
Company setups and IRD applicationFor over a decade we have helped clients set-up companies and businesses in New Zealand. With the right information, set-up typically takes just a few business hours. We are able to apply for the IRD number and GST registrations at the same time.
We can set-up any type of company as well as other types of enterprises such as joint ventures, partnerships and incorporated societies. So for the right help and advice at this crucial step in your business, get in touch with one of the CORE team today. service@corebusiness.co.nz or 0211 00 66 11 Business valuations and share valuationsCalculating value of a business or a block of shares is challenging and complex, hence the need to hire a professional. No two businesses are alike, therefore it’s not just experience but a comprehensive understanding of the economic reality of a company which is what really counts.
While valuing shares, we will detail additional adjustments to the value of the business for any limitations on controlling rights attached to the shares and/or their marketability. If you’re looking at selling or buying a business or a block of shares, we would be happy to provide you with an independent business valuation. Get in touch with one of the CORE team today. service@corebusiness.co.nz or 0211 00 66 11 Sale and purchase negotiationsSuccessful negotiations depend upon many factors including managing one's mindset. Often shareholders are too close to the transaction and have an expectation of the value and post-sale obligations they are seeking.
We help shareholders and directors to become objective in their views and align their expectations with the current market conditions. To get realistic and impartial advice, get in touch with one of the CORE team today. services@corebusiness.co.nz or 0211 00 66 11 Due diligence and risk identificationBuying
Simply put, due diligence means ensuring that you get what you pay for. If you’re looking at acquiring a company, you need to understand all the obligations of that company. Some typical questions might include: What are their debts? Do they have any pending lawsuits? What are the long-term customer agreements?... And so on. Failing to answer these questions could result in you purchasing a company that might cost you a lot more than you think! Selling What if you’re selling your company? Due diligence usually means the acquirers have a list of several hundred questions and/or requests for copies of documents that you must answer. As a seller, you may also want to conduct your own due diligence on the buyer: Do they have the sufficient funds to complete the transaction? If paying with shares, what’s the track record of the share price? How are they going to treat your employees? Are your corporate cultures compatible? … And so on. No matter what side of the transaction you’re sitting on, due diligence will be a difficult experience. For the buyer, many questions must be answered. For the seller, you may have to keep coming back again and again with more answers to questions the buyer has. As experts in the field, get in touch with us to discuss how we can help you. services@corebusiness.co.nz or 0211 00 66 11 Business financing adviceThere are many reasons why you might need funding. Perhaps you are acquiring a business, or expanding or launching new products. Perhaps you need extra working capital to achieve your business goals. Or you simply need to refinance an existing obligation.
Whatever your requirements, we will review your plans in detail. We will then conduct the appropriate research and suggest the most practical and cost–effective financing package to help you achieve your business goals. We will help you prepare a document referred to as an “information or offering memorandum” that will be required by potential investors. This is to ascertain whether your particular business matches their risk/return appetite. services@corebusiness.co.nz or 0211 00 66 11 Structuring adviceTax
An organisation's strategy forms the platform from which it grows and expands. So it’s important for its tax strategy to work in harmony with the broader business strategy, regardless of whether the focus is on company structure or risk management. Astute tax planning and structuring advice can make a significant difference to your bottom line. Compared to other countries, tax laws change quickly in New Zealand, so working with respected specialists is the best way to ensure strategies are up to date. Business Our structuring experts advise on how to effect a broad range of transactions – whether they are Initial Public Offerings (IPO), Private Finance Initiative (PFI), Public Private Partnerships (PPP) and strategic alliances. The team starts by looking closely at the specific transaction objectives and balances these with the relevant accounting, tax, regulatory and commercial considerations to provide you with the optimal deal structure. Our structuring specialists advise across a broad spectrum of transactions, with their advice tailored to meet your specific requirements. If you would like to discuss how we could work with you in more detail, please contact us. services@corebusiness.co.nz or 0211 00 66 11 |
Cashflow projections
Along with the internal factors affecting businesses, the inability to successfully manage cashflows is among the top three reasons why businesses fail during key phases of operations.
We help businesses to develop an MS Excel-based model of their operations incorporating key performance indicators and constraints to help project monthly/quarterly/annual cashflows to identify peaks and troughs. And, more importantly, the financial impact of each of the constraints on its cashflows.
This helps managers navigate their way carefully without over or under committing the business.
services@corebusiness.co.nz or 0211 00 66 11
We help businesses to develop an MS Excel-based model of their operations incorporating key performance indicators and constraints to help project monthly/quarterly/annual cashflows to identify peaks and troughs. And, more importantly, the financial impact of each of the constraints on its cashflows.
This helps managers navigate their way carefully without over or under committing the business.
services@corebusiness.co.nz or 0211 00 66 11
Governance and strategy setting
The board of directors/trustees are responsible for governance and strategy setting in an organisation. Their roles and responsibilities, how they are chosen and tenure are usually governed either by legislation or a founding document (usually a constitution or trust deed or rules of governance/bylaws).
General speaking, a strategic governance board is focused on the future, while operating in the present. It operates in a transparent and accountable way to:
Our firm has professional directors who are members of the Institute of Directors and skilled in governance and strategy setting.
services@corebusiness.co.nz or 0211 00 66 11
General speaking, a strategic governance board is focused on the future, while operating in the present. It operates in a transparent and accountable way to:
- oversee and protect the organisation’s vision, mission, values and resources
- recognise environmental indicators of change, uncertainty and opportunity
- identify and manage opportunities, risks and legal compliance
- support the organisation to adapt and remain relevant
- drive the organisation’s future direction, including shifts in focus and/or positioning to meet changing needs.
Our firm has professional directors who are members of the Institute of Directors and skilled in governance and strategy setting.
services@corebusiness.co.nz or 0211 00 66 11
Shareholder agreements
A shareholders’ agreement is an agreement between the shareholders of a company. It can be between all or, in some cases, only some of the shareholders (for instance, the holders of a particular class of share). Its purpose is to protect the shareholders’ investment in the company, to establish a fair relationship between the shareholders and govern how the company is run.
The agreement will usually:
The shareholders’ agreement will contain specific, important and practical rules relating to the company and the relationship between the shareholders. This can be beneficial both to minority and majority shareholders.
All shareholders benefit by establishing rules for key decision making, managing rights and obligations on changes in shareholding including agreeing rules for pricing/valuing shares on changes to the overall shareholding structure or when exiting the business.
Our firm is able to help negotiate the content of shareholders' agreements.
services@corebusiness.co.nz or 0211 00 66 11
The agreement will usually:
- set out the shareholders’ rights and obligations
- regulate the sale of shares in the company
- describe how the company is going to be run
- provide an element of protection for minority shareholders and the company
- define how important decisions are to be made.
The shareholders’ agreement will contain specific, important and practical rules relating to the company and the relationship between the shareholders. This can be beneficial both to minority and majority shareholders.
All shareholders benefit by establishing rules for key decision making, managing rights and obligations on changes in shareholding including agreeing rules for pricing/valuing shares on changes to the overall shareholding structure or when exiting the business.
Our firm is able to help negotiate the content of shareholders' agreements.
services@corebusiness.co.nz or 0211 00 66 11