Before starting out on the epic adventure of selling your business, every owner needs to assess their current situation as objectively as possible, so that they can identify as early as possible any issues and be prepared for them.
Of course, there are hundreds of questions you need to ask and answer, and the intention of this report is not to cover the granular detail, but merely to give you a swift ‘sanity check’ on your situation.
So, we have distilled the eleven key questions that you need to answer when it comes to assessing your current circumstances.
It’s deliberately concise, should be finished in less than five minutes, and will help you immediately identify where you need to focus your attention on.
Make sure your business is on the right track before you consider selling it. Simply use our 11 point health check to help you identify any problems you may have, right now:
If any answers to your questions were ‘no’ then you need to investigate the reasons why this may be the case, and how serious the situation is.
In almost all cases, even if you decide the issue is not ‘critical’, you will still benefit from trying to make your future answer positive.
If you are not sure, then take action:
A business with in-depth knowledge of the business sales process. Whether reassured or warned, it is best to be informed!
Explore the options available to you, improve your chances of successful sale.
If you’re seeking a business to buy, then we can increase your deal flow.
In the early stages of such an important undertaking, it can be a bit of a moral maze: who do you trust?
Firm Gains gave me confidence with detailed advice and support. I would recommend their services to other entrepreneurs seeking to buy a business.Mr T Washington , Founder
I found it much easier to get my head around a business sale this way than talking to my accountant. You speak a language I understand!
Even though the whole process of selling seems daunting, I’ve got more confidence that I’m heading in the right direction.Mrs T Boothe , Founder
Thank you for your email and the excellent advice provided earlier this week. It was immensely helpful and has helped me to plan my future direction for the practice.
I would have no problem whatsoever in recommending your services in the future.Mr & Mrs Halldron , Co-Owners
Firm Gains were recommended to me and I was not disappointed. They were efficient, helpful and effective responding quickly to my request with all the facts that were needed to ensure a stress-free dialogue with our buyer.
What really helped was the advice over and above the valuation, which was immensely valuable and gave me the confidence to proceed. I would not hesitate in recommending them.Mr C Waite , Founder
We found the advice invaluable, which was clear and concise and felt your firm had a good handle on market trends and business sectors.
With also the backup of the secondary services, there was a feeling you had all bases covered if we wanted to proceed with our exit via Management Buy Out (‘MBO’).Mr D Wills , Director
Thank you for your advice. I was just about to sign up to the wrong kind of business agent for a company of our size, but read your post just in time.
I found a more serious partner, with experience in our industry and we’re already using the same language.Mr F Summerscale , Managing Director
We have been greatly impressed by the clear and impartial advice given to us by Firm Gains. After just an initial phone call we felt much better informed, with a new awareness of the many options available to us.
Firm gains understood our situation quickly and clearly and were anything but ‘pushy’. Refreshing compared to what we’d experienced before.Mr C Hutcheson , Managing Director