Taking the decision to work with a business sale adviser is a positive step. Their skill and experience can be invaluable in achieving the best possible outcome for you and your business. But working with an adviser requires commitment from both parties and the better the working relationship, the more likely you are to maximise the benefits. Here at Firm Gains, we have highlighted the key ways you can achieve this.
You are engaging the help of an adviser because selling a business is a complex process and one which you have not undertaken previously. Some of the processes may seem at odds with other types of sale you have undertaken but the process business sale companies undertake will have been tried and tested on many businesses before yours to ensure that it is effective at achieving your aims.
Trust your adviser to know how to position your company with potential buyers and to manage their enquiries, the subsequent negotiations and completion of the business sale process.
Whilst your views and thoughts are obviously important (it is your company after all) always bear in mind that your adviser will know how and when to present these, if at all.
The more information about your business that you can impart the better. Your advisers’ aim is to position your business in the best possible light to prospective buyers. To do this they will need:
Your adviser is your key partner throughout this process, so lean on them, use their experience, empower them to deliver the best long-term result for you.
“An adviser can have a hugely positive impact on the sale price of your business and terms of the sale. Their experience and skill can be invaluable but they will need your help throughout the process. Selling a business this way is very much a joint effort.
“Advisers skill will also come at a cost, either with an upfront fee, a percentage of the sale fee or both. So, make the most of them!”
Explore the options available to you, improve your chances of successful sale.
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If you’re seeking a business to buy, then we can increase your deal flow.
head office
We are based in the Centre of Reading. Two minutes from the train station and just south of the river. You can reach us at the office, by phone or email during working hours from Monday to Friday.
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address
Fourth Floor
Reading Bridge House
Reading
RG1 8PR