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 […]
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?
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?
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 […]
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?
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 […]
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 […]
3 seasonal factors that affect business value
Christmas is a time when many seasonal businesses make their profits. Take Christmas tree farms – it’s a boom or bust time of year for them. The clever ones maximise income by offering customers related products, such as tree stands, ornaments and other festive accoutrements. It’s their way of making the most profit from their […]
Balancing perceived business worth with actual business value
When the New York Attorney General filed legal action against Donald Trump in September 2022, it made for an interesting discussion about actual versus perceived business value. The civil fraud lawsuit accused the former US president and three of his children of ‘staggering fraud’ and inflating his net worth by billions to ‘enrich himself and […]
