How to evaluate an offer to buy your business
Congratulations, you’ve received a formal offer to buy your business! What happens next? How do you know whether the offer you’ve received is offering the best value and terms for you and your business? Evaluating an offer takes thorough due diligence, good communication and careful consideration. It’s not like accepting an offer to buy your […]
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 […]
The emotional rollercoaster of owning and selling a business
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 […]
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 […]
Business valuation methods – the definitive guide
You’ve put in the hours, the late nights, and missed out on precious family moments to build up your business, and now its time for a change. Perhaps you’re considering retirement, or maybe you want capital to fund a new venture; whatever the situation, you’re considering selling up and moving on. But how do you […]