5 signs that shout “your business has outgrown you”
No business stays the same forever. The healthiest, most profitable and successful businesses are continually evolving. To achieve this requires a business owner to constantly evolve too; shifting mindset, strategy, and priorities to deliver what the business needs. When there’s a gap between the leadership required by the business and its owner’s expectations and willingness […]
Is your business due a financial health check?
A new financial year is the ideal time to focus on getting your business on a sound financial footing, more so if you are planning to sell in the near future. Prospective buyers want to see evidence of regular financial health checks, strong cashflow, organised record-keeping, and optimised business finances. It should come as no […]
Recommended reading when planning your business exit
If you don’t do your research before selling your business, at some stage you’ll get caught out – which could have consequences for your reputation and the integrity of your business. We’ve compiled this reading list for business owners that want to enter into the business sale and exit process armed with resources, knowledge and […]
Looking back is a key component of your exit plan
This is the time of year when we’re bombarded with phrases designed to improve our lives and boost our businesses – planning for success, the perfect exit strategy, organisation and optimisation, changing habits and becoming financially healthier. These are all themes we’ve come across in recent weeks, which are designed to inspire, but can easily […]
Selling a wholesale or distribution business
From textiles and clothing to food and drink, electronics and gifts, there are specialist wholesalers for every kind of product. UK wholesalers play a key role in our retail supply chain, buying products for a low price and profiting from selling them on in bulk at a higher cost. The big question is, what would […]
How to tell staff you are selling your business
Staff are a valuable business asset, especially during the business sale process. Your employees’ knowledge, skills and experience all contribute towards overall business value and the price a potential buyer is prepared to offer. Considering the needs and job security of your team when selling your business is key to protecting their interests and minimising […]
Strong foundations equal strong exit.
At Uscita, we’ve recently collaborated on an article with Rock.partners looking at the equation between strong business foundations and the ability to exit strong later on. It all started with that common business trope “the best time to start planning your business exit is the day you start your business”. We work at one end […]
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, […]
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 […]
