"Do I really need a Pre purchase Review?"

A client asked me if she really needed a Pre purchase Review.

As an accountant, I’ve done many Pre purchase Reviews. I’m convinced how important they are. But she wasn’t sure.

So rather than try to convince her, I just asked her some questions, to let her decide at her own pace.

• Are you comfortable working with numbers?

• Do you know much about this franchise?

• Are they making decent profits?

• Can you see yourself working in the business?

• How long will it take you to get your money back?

• Can you get the finance you need?

• How much will it cost after you’ve paid the up front fees?

It turned out she was pretty confident with figures and had good answers for these questions.

I wasn’t sure if she would ask us to go ahead, so we left it for a while.

Then a week later, she asked us to proceed with the pre purchase review. She said it wasn’t because she couldn’t do it herself, she just wanted another set of eyes to check over the numbers.

So that’s what we did.

In fact, we used some of the workings she had prepared and incorporated them into our report.

We like working with our clients in a collaborative way. We’re not going to push ourselves onto you, we’re not pushy that way. We like to work with you the way we like to work with others. In a co-operative way.

If this sounds like something that would work for you, then feel free to contact us.

We look forward to working with you

Peter