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Selling the Business
By Heather Platts BA(Hons) | Updated August 7, 2007
Selling the business as a going concern is certainly the most obvious of the exit strategies available to the business owner. This is often a daunting as well as an emotional event, so from the outset having a competant and caring financial advisor supporting you through the various options is the cornerstone to a successfully managed process.
Selling isn’t the only option - and whilst this is very much a client lead relationship - at Cumulo, we can help you to assess what options are meaningful to your particular business and what arrangement best suits your future plans and aspirations.
Some of the process considerations:
- Assessment and structure of the business proposition
- Maximising value
- Preparing prerequisite Information Memorandum
- Due diligence exercises
- Completion.
Likewise, you may wish to buy a business as a going concern - due diligence is as relevant for this purchase as it is for the vendor - for either of these scenario’s, this is a vitally important transaction and, if done wrongly, could be a very costly mistake - by talking to Cumulo now, we can relieve you of avoidable angst - and you can have confidence in our ability to work with you, closely and calmly to make the process a smooth transition. Call us now for that no obligation first conversation.
Topics: Selling Your Business |
