Selling a Business
If you expect to get top price when you are selling a business, you need to stay on top of your accounting. Good accounting practice and expert bookkeeping will illustrate the current and potential financial status of your business. If you are thinking of selling, then long term planning can help position your business in order to add value and make it easier to sell. Having a strategy not only improves exit prospects, it also allows you to exploit opportunities in the market.
Most first-time business sellers underestimate the amount of time, effort and sheer hassle involved in a typical sale. Often as a business owner you are understandably emotionally driven to see the best possible price achieved for a business they have put so much time and effort into. However, there is a fine line to be trodden, as too high a price will put off prospective buyers. Slaven Jeffcote can help take some of this burden away, through a thorough review of your accounts, as well as due diligence reports to assist you in presenting your business in its best – but realistic – position.
We can assist you to:
- Value your business based on a multiple of your net assets (dependent on your business sector)
- Help you to establish how much of your business worth is dependent on you
- Assistance in arranging banking facilities and corporate due diligence exercises for UK companies
- Work alongside your legal team to provide the necessary audit reports
To find out more about our services please call our expert team on +44 (0)207 399 3100