WE WILL HELP YOU PLAN
YOUR BUSINESS EXIT
The decision to sell a business has many more repercussions than most owners have considered. Of course, it involves selling shares and slowing down work for the company, but there’s much more to consider. The clearer the exit is in your mind, the smoother the process of sale.
Whilst it can take over six months to sell a company, both sides in the process must be clear before offers are accepted of what the plans are post-completion. This avoids uncertainty and any distractions during the due diligence process.
So we get to work early understanding your situation and circumstances, the reasons for your exit and what you hope the future will look like. In most cases the owner, if they are taking an active role in the business, will need to stay on, but this can be anything from retaining their role to a part-time advisory position.
What is important to note is that all buyers will expect you to be hands-on during the transition and ensure that you make every effort to ensure a smooth transition and good performance in the first year under the new owners.
YOUR EXIT TERMS
We will work closely with you to define your preferred exit. Taking into account timing, life stage, earnouts, income needs and practicalities.
We can help understand some of your ‘non-negotiables’ as well as areas where there is a preference, but a realisation that it will need to involve a discussion with the new owners.
Any exit plan will need some flexibility to account for the transition of ownership and your best outcome will be achieved through consultation and agreement.