Audit or Review: Which is Right When Scaling and Selling Your Business?
When scaling your business with a future sale in mind, how you prepare your financial statements can have a major impact on your eventual exit. One of the key decisions you’ll face is whether to conduct an audit or opt for a financial review. Each type of due diligence when selling your business provides a […]
Maximise your business’s value with multiple arbitrage
As a business owner, you’ve probably considered selling your company – whether as part of your long-term plans, retirement goals, or the sheer frustration of running a business. Regardless of your reasons for wanting to sell, you’ll be keen to get the highest valuation possible so you can gain the most from selling. One key […]
Exiting your business by a trade sale
One of the most popular routes to exit a business is by selling your business to a third-party trade buyer in a trade sale or via a business auction arrangement. You can sell either part of your business/assets or the whole as a going concern including shares and liabilities. Often a trade sale means that […]
Management Buy Outs
A common way for an SME business owner to consider disposing of their business is by offering it for sale to the existing management team – often referred to as a ‘Management Buy Out’, or MBO. MBOs can be complicated transactions, which place the business owner and management team on rival sides, and potentially use […]
Employee Ownership Trusts
In one of our recent blogs (link here) we looked at the six most common exit strategies for owners of SMEs. This month we are going to take a closer look at one of them, Employee Ownership Trusts. Employee Ownership Trusts (EOTs) have been around since 2014, when they were introduced by the government in […]
Appointing Advisors
One of the biggest decisions that you will need to make early on in the sale process is who to appoint as your advisors. These will include financial advisors, lawyers and tax specialists. Appointing appropriate advisors can ensure a much smoother sale transaction and achieving the desired exit price. The financial advisor is key to […]
Exit Strategies
Sale strategies for your business Once you have made the decision to sell your business and taken any steps necessary to prepare for sale, you will need to consider who the most likely buyer is. Some of the most common sale strategies are: trade sale, private equity, management buy-out, management buy-in, employee ownership trust, and […]
Why sell your business?
Last month we looked at some of the areas of your business that you can focus on in the months, or even years, prior to sale in order to potentially make your business a more attractive proposition to buyers. This month we are going to consider some of the reasons that might bring about a […]
What to consider when preparing your business for sale
Over the next few months we are going to be writing a series of blogs that may be of interest if you are thinking of selling your business. Some of the blogs will include expert insight from our friends at Shaw and Co – the award winning corporate finance experts, who offer advisory services to […]
Exit This Way: What You’ll Need to Know About Exit Planning
Whether you’re retiring or selling to move on to your next challenge, rigorous exit planning is essential. If you’re looking to sell the business, you’ll want to achieve the best possible price, while ensuring the most favourable tax position for your shareholders at the same time. It’s not an easy task, and many business owners […]