Resources for Buyers and Sellers

Glossary of Terms

Add Backs
An adjustment to financial statements for expenses paid by the business that are either of a personal nature or an extraordinary one off expense. Owners salaries are commonly found in the add back schedule.

Business Profile
Package designed to introduce the business to potential buyers. Will generally incorporate financial information along with details on the operational side of the business.

Non-Disclosure Agreement (NDA)
To be completed by potential buyers before detailed information on businesses for sale is provided.

Due Diligence
Process usually carried out by the buyer's Accountant whereby a more detailed investigation into the business financials, productions, sales etc is carried out.

Earnings Before Interest & Tax

F & F
Fixtures & Fittings

P & E
Plant & Equipment

Return on Investment

Stock at Value


Take Over Lease

Working Capital

Walk In Walk Out (in this case stock on hand is included in the selling price)

Useful Website Links

Data Protection Commissioner - Ireland
Information Commissioner's Office - UK
Revenue Commissioners - Ireland
HM Revenue & Customs - UK
Law Society of Ireland
The Law Society of England and Wales

Able-Connections © 2014 Privacy Policy