Preparing your business for sale

For the majority of business owners, selling their company provides a once and only opportunity to realise their lifetime’s work. Sound planning, identification of the right exit route and efficient structuring of the tax are likely to realise the best price.

Exiting a business should not be seen as a game of chance and prior to embarking on a sales process all owners are advised to develop a clear exit strategy.

Business owners tend to have many questions and uncertainties circling their minds when considering a potential exit. Our experience suggests that there are three fundamental questions to be addressed at this stage of the process:

1. how much is my business worth?
2. what are the possible exit routes?
3. will my business be attractive to potential purchasers?

In focusing on these three key aspects, the other supplementary questions that many owners have will also be addressed, for example:

1. when is a good time to sell my company and how long will it take?
2. how does the sales process work?
3. how do I find a buyer? etc

The Booth Ainsworth Corporate Finance team will advise you through the exit strategy and grooming process and position your business ready for sale.