If you’re thinking about selling your business, there are a number of issues that need to be dealt with along the way. This can be a complex process at any stage of the company’s evolution, and of course if you get things wrong you could end up selling for less than the market value. The solution, however, is a simple one; engage the services of McGinness Associates to make sure things run smoothly.
We can help you right from the start, beginning with honest, straightforward advice about how best to approach the sale and to maximise the asking price. Our specialists have a wealth of experience in this area, and we can offer an in-depth assessment of the current market and the various channels that can be used to implement a smooth sale.
Our team understand of course that every sale is unique, and that’s why we always offer a bespoke service that’s tailored to the unique requirements of each client. We help to create an exit strategy that will leave clients in the ideal position to make the most of the sale, ready to move on to wherever their next venture will be taking them.
There are several issues that need to be taken into consideration when selling a business, including:
- Is it a 100% sale or do you intend to maintain a stake in the company?
- Are you looking for a quick sale?
- What if you’re in a position to wait and attract several potential buyers?
- What’s the best marketing strategy for the business?
- Which deal structures are most appropriate?
- What kind of price can you expect for the sale?
…and many more.
Making sure the business is ready for the sale
We can help you to ensure the business is still running properly right up to the day of the sale, maintaining services such as payroll, bookkeeping and accounts preparation. Whether you’re looking to sell locally or your company is capable of reaching a global market, we can bring you the stability it needs at this most crucial of times.
As well as offering hands-on support in the sale itself, we also bring vital guidance on issues such as succession planning, preparing the business in readiness for the sale, providing a realistic valuation and entering into confidential negotiations with potential buyers. With our help, you won’t need to face this sometimes traumatic process on your own.
If the business itself needs to be improved before a sale can be considered, we can guide it through effective corporate recovery programmes, placing it on a healthier footing and in turn making it a more attractive investment. Needless to say, we can also offer comprehensive tax compliance advice and guidance throughout the process, giving you the peace of mind that comes from knowing you’re in the hands of the specialists.
Selling a business can be a stressful experience if you don’t have the right people on your side. One call to our friendly team on 0141 333 1166 is all you need to make sure McGinness Associates are right there with you.