Selling your business
Selling your business may be the most important business decision you make.
The Corporate Team offers a pre-sale clinic, with a free first meeting, to anybody who is considering selling their business whether that is by way of the sale of the company or the sale of business and assets.
Advantages of the pre-sale clinic
- Flush out any skeletons in the cupboard
- Help the seller understand the sale process
- Put the company organisation into the best structure
- Deal with any employee issues
- Introductions to sales agents where appropriate
- Consider other routes to exit
- Don’t give the Buyer reasons to chip the price.
When to do it
As soon as you contemplate selling your business it is worth talking to us. Once you have entered into discussions with a potential buyer it may be too late.
What form does it take?
Following the initial free meeting, the pre-sale clinic will be structured to your needs but its ultimate goal is to ensure that when you come to selling your business it is in better shape than when you came to us. Amongst other things we can review your main contracts, consider the structure of the ownership, review employee contracts and assess any potential litigation. We will report on these and advise on any areas that could cause a buyer to walk away from a deal or try to reduce the price.
Preparation
A number of our clients are first time sellers of their business and as part of the clinic we will talk to them about the process that is involved so that they are better prepared for what can be a very arduous process.
Other services
Because the Corporate Team handles so many business and company sales we have relationships with lots of sales agents and corporate financiers who specialise in finding buyers. Where it is appropriate we will effect an introduction to help you find a buyer for your business.
Sign up for a pre-sale clinic.
For further information, please contact Tim Sadka by email or on 08450 990045.