All business owners have to exit their business at some point, it’s a fact of life. We encourage all our clients to talk to us about their exit plans so that our corporate finance team can help guide them. This way, they can achieve a high-value business sale when the time is right, and, crucially, that the exit process is as smooth as possible.
Why Start Now?
A variety of factors can influence the ideal timeframe for selling a business. Our goal is to understand all the key drivers that may affect your exit strategy, including:
- Your own personal situation and requirements
- The company’s results and attractiveness for sale
- Sector activity and conditions in the wider market
Using our structured Exit Planning tools, we can assess where your company could make minor improvements, which can make a huge difference to the eventual sales process.
Exploring the Right Exit Route for You
Discussing all the potential exit routes is a good starting point. This is considered on a case by case basis but could include family transitions, Management Buyouts, Employee Ownership structures, a Trade Buyer or a Private Equity backed transaction.
From our experience of conducting hundreds of disposals, during your Exit Planning Workshop we can identify all the perceived risks which potential buyers may notice.
Then we help you create an action plan of small changes which will assist when we are marketing the business for sale or later down the line, when due diligence teams will be investigating your business.
It may be years before you intend to sell, but the longer you allow for this process, the easier it will be. During that time, we can also share regular updates with you about sale transactions taking place in your own sector, so that we can advise if there is a flurry of activity which may mean that there are more potential buyers showing an interest in your sector.
Next Steps
If you would like a no-obligation discussion with our corporate finance team, please call us on 01904 655202 or email enquiries@hghyork.co.uk and we can discuss whether an Exit Planning Workshop would be a useful exercise for you to achieve a high-value business sale.
