What’s the difference between harvest strategy and exit strategy?
There’s nothing like the feeling of growing and harvesting the fruits of your own labour. Fresh veggies straight from the garden taste divine yet are short-lived. Whereas the rewards of harvesting from your own business have the potential to last you for the rest of your life. That is, if you plan your exit strategy […]
The Olympic task of planning to sell your business
Have you ever considered the similarities between building a business and training to become an Olympic or Paralympic athlete? If you enjoy participating in sports, you might already recognise some of the traits, behaviours and qualities you share. Even if you’ve never considered yourself to be a sporty person, as an entrepreneur or business owner, […]
Why business owners need a holiday too – and how to get there
Schools out for summer! Your social media feeds are about to become peppered with other people’s sunshine selfies and your inbox with out-of-office emails. But none of those will be yours. Why? Because you struggle to take time off. Your company just cannot run without you, can it? If your business takes priority over family […]
6 ways to build a loyal customer base
“In business, I look for economic castles protected by unbreachable moats” – Warren Buffett Buffett describes an attractive business investment as a castle with an impenetrable moat of protection. To be a viable proposition, a business needs solid foundations and a strong leader. It also needs differentiators which make it stand out from the crowd […]
Is it time to spring clean your business records?
If you are serious about exiting your business, the start of a new tax year is a great time to de-clutter your documents, finalise your financial records, and confirm your compliance with government legislation. Making sure your records are up to date and ready for analysis shows potential buyers that your business is on top […]
How to get the best price when selling 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 […]
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)?
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 […]
Are you a business owner or a business manager?
Breaking the managerial mindset is crucial if you are serious about adding value to your business. When you try to be a business owner and a business manager at the same time you end up spreading yourself too thinly, which could be detrimental to what your business is worth. Being a business owner means taking […]
How to go about selling your facilities management company
Facilities management is a complex, and often specialist, area of work. Property maintenance, fire safety and security companies generally come with lots of valuable moving parts, all of which must be carefully addressed when planning your exit strategy. If you’re thinking of selling your facilities management company, this post explores some key considerations to prepare […]
