Exit Strategies
Selling a business is a demanding and, particularly for an MDO, often an emotional process, even if planned. Sudden exit through death or illness can have a catastrophic effect on a business if there is no contingency plan in place.
This issue is addressed as part of our Business Health Check in considering the MDO’s long term vision for the business and, with particular regard to retirement planning. Succession planning may well be an issue with family businesses and it can be seen that this is an area particularly demanding of practical business and professional experience by the adviser.
The proposed time scale is an important consideration in determining strategy here.
We can provide advice and practical assistance in the following areas:
- Assessment of the Business and the Strategic options
- Identification of Potential Buyers/Internal and External
- Valuation of the business and appropriate methods
- Pre-Sale planning
- Grooming and dealing with areas of underperformance affecting value
- Establishing both a trauma and non trauma exit plan.
Our experienced partners will project manage the completion and ensure that all the advisers are working together with the objective of maximising value for you.