Exiting your business, or selling your business can be a stressful time. If you started your business, it could feel like a big wrench. We’re here to take the stress out of a business sale. Essentially, to sell your business you need to get it “investment ready” – and that is where we come in. We can help
- Put in place a business sale plan
- Advise where changes are needed before the sale
- Prepare a due diligence pack (makes the business sale process smoother)
- Give you an idea of value to expect
- Put you in touch with potential buyers
We guarantee that we’ll be able to make your business more valuable (and if we can’t, we’ll tell you why). So why not get in touch?
Successful business exit
[As an entrepreneur] you need to have the wherewithal to run your business through investment, considering everything from start-up funds to your exit plan or what it takes to go public.
Selling a business is exciting and exhausting at the same time.
When thinking about an exit, there’s a choice to be had. You could simply close it down, but we’re guessing that’s not your preferred option.
Start with the light at the end of the tunnel. Why are you selling?
If its about retiring, then yesterday would be a good time to start the sale process. It should be sooner, not later because ideally you need years in the lead time, not months to maximise the business sale proceeds.
If it’s selling part of the business to fund further growth, then devise a plan to define how much you need. Then, you won’t be selling too large a chunk.
A QR3 part-time finance director will help prepare for and maximise the value from the sale of the whole or part of a businesses.
Sell at the right time
We’ve seen business owners leaving it too long – the sale of their business was more about a turnaround first rather than an exit. The benefit from the original owners’ hard work in building up the enterprise went to the incoming investors.
Don’t let this happen to you.
When starting a business, have an exit plan in mind. When partnering with new investors, define in the shareholders’ agreement the means by which a sale transaction is conducted and the circumstances that will lead to a business sale.
A QR3 part-time finance director has the experience to help define your exit plan.
Every age can be enchanting, provided you live within it.
~ Bridgitte Bardot
QR3 – showing you the way
Efforts and courage are not enough without purpose and direction.
~ John F. Kennedy
Here are just a few of the areas where QR3’s assistance will add value:
– define circumstances leading to a sale in a shareholder agreement.
– prepare – with a business plan and a due diligence pack, thus speed up the transaction.
– handle the internal process and deal with advisors on both sides.
– help shareholders raise private equity and/or debt finance for growth, cash out or recapitalisation.
– choose the right advisors ensuring a smooth transaction at reasonable cost.
A QR3 part-time FD has the experience to maximise the value of the sale of a business at a reasonable cost.
More about selling your business
There’s a lot to think about, we know. More than we could put down on a single page of a website.
To help you gain a more in depth understanding of the issues to consider and the most important aspects of a business sale that you need to cover off, we’ve written a short eBook.
Just click on the button opposite and we’ll be delighted to send it to you.
If you’d like a call, in confidence, with a Chartered Accountant who has sold several businesses and been involved in many transactions, bookmark this page and hit the “Call Now” button when it’s convenient.