How to get the best price when selling your business

Hot to get the best price for your business

Maximising the sale price when exiting your business is a common, and important, goal for company owners. The difference between a high and a low price could be the difference between you living the lifestyle you desire and simply getting by. As business exit strategy consultants, how to sell your business for the highest price […]

The emotional rollercoaster of owning and selling a business

emotional-rollercoaster-of-owning-and-selling-a-buisness

Do you remember that overwhelming feeling of pride and exhilaration the day you started your business? Were you signing a lease, registering your company name, or shaking hands on that all-important bank loan? Whatever your first memory of starting your business, that day you boarded the emotional entrepreneurial rollercoaster. I’m sure you’re nodding in agreement […]

Four steps to finding your business sell-by date

Four steps to finding your business sell-by date

With the end of another calendar year rapidly approaching, it’s common to think about what the next 12 months will bring. It’s a perfect time for reflection and contemplation. What changes will you make in your business next year? Could it be time to start planning your next move? And how do you know if […]

Key evidence of business value you might be throwing away

Key proof of business value you might be throwing away

How confident are you that you could produce seven years of financial records within 24 hours, if asked? If it’s just your accounts, you probably can because none of us want to get on the wrong side of HMRC. But what about the supporting financial records? Most business owners flounder and many are unaware of […]

How much are your name and face worth to your business?

How much are your name and face worth to your business

When Mr Rolls met Mr Royce in Manchester in 1904 and agreed to go into business together, they decided to use both their surnames in the name of their company, Rolls-Royce. Using their names in their business clearly proved a genius step for Mr Rolls and Mr Royce, just as it did for Walt Disney, […]

Is your business a viable strategic acquisition?

Is your business a viable strategic acquisition

Your business is not for sale right now. But could your head be turned if someone expressed an interest in buying you out? If you were tempted, what would a potential buyer find if they started to explore behind the scenes? Strategic business acquisitions are common in sectors like technology and pharmaceuticals . The possibility could […]

Is the UK economic climate affecting business exits?

Is the UK economic climate affecting business exits?

When preparing a business for sale, it’s advisable to keep one eye on the general economic climate. The external business climate is not something any of us can control, but it’s worth considering some of the variables in your business exit plan. If you choose to ignore it, economic change and uncertainty could impact your […]

What is a Management Buyout (MBO)?

What-is-a-management-buyout-mbo

A management buyout is one of the options available to business owners thinking about exiting their business. As with any business exit, the earlier you start to plan for it, the better chance you have of achieving the sale value you would like. In this post we’re going to cover everything you need to know […]

How to retain staff when selling your business

HOW TO RETAIN STAFF WHEN SELLING YOUR BUSINESS

Retaining staff and key employees is crucial to a successful business exit and achieving maximum value from your business sale. If essential members of staff were to leave your business either before or immediately after its sale, this could destabilise operations and impact business continuity. Something a buyer will be very aware of. When potential […]

How do you know when you can afford to sell your business?

How do you know when you can afford to sell your business?

Think back to your aspirations when you started your business. Was your motivation to escape the stresses of the corporate world? Did you have a burning idea to innovate and make your mark? Or was your ambition to build a successful business that would fund your retirement? Whatever your reason for building a business, there […]

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