It is said that the most important decision for any CEO is the choice of his successor. And yet so many entrepreneurs fail to apply this diligence when it comes to selling a business. They believe that they do. And yet, in reality, many simply do not. When it comes to selling their business, they falter at the finish line by failing to plan the exit properly. For the vast majority of business owners, selling a company is something that they will undertake perhaps only once in their lives. They will need expert help if they are to achieve the optimum price for their business. International M&A specialist Shield Corporate Finance has launched a new improved website...
Read MoreSpecialist M&A advisor Shield Corporate Finance is warning entrepreneurs selling a business not to let the summer lull delay their important planning and preparations. Summer is traditionally a quieter period in the mergers and acquisitions market as buyers and their advisors go on holiday. But selling a business involves at least two to three months of extensive planning and preparations, warns Shield. So directors must begin their all-important preparatory work now, otherwise they risk missing the surge in M&A activity that traditionally takes place in the autumn run-up to Christmas. Entrepreneurs who attempt to sell their company without having first done...
Read MoreEvery director selling a business will always approach the deal with care and attention to detail. But even those who pride themselves on great diligence can still underestimate how much work is involved in advance. Preparing a business for sale at its best possible value takes many months of strategic planning. Smart directors think several years ahead to ensure the business is as profitable as possible and prepared to withstand the rigors of a sale process. International M&A specialist Shield Corporate Finance Ltd highlights the three distinct phases involved in selling your business: • Preparation • Marketing • Negotiation Detailed research and...
Read MoreNumbers are everything when it comes to selling a business. Weak numbers and weak controls will undermine your target sale price every time. Your prospective buyers must be absolutely certain that the numbers they are being presented are 100 per cent dependable. Anything less can make your buyers very jittery, affecting the sale price – even when you know that the company you’re selling them is a great business opportunity. All it takes is one uncertain number and your buyers will begin to question some of the other data you have given them – regardless of how good those figures appeared to them first time around. M&A advisor Shield Corporate Finance is...
Read MoreImage via Wikipedia Selling a business is difficult today. This post discusses a process that involves five distinct phases steps}. Doing things up front The more you complete at the beginning, the better chance you’ll stand of selling a business. The 1st Phase In the initial meeting, your California business broker and you will talk about things like your your employees, your market, and your financial history. His goal is to understand your strengths and weaknesses, as well as how your business will or won’t sell in today’s market. You should hear an honest appraisal of your chances of selling your business, and whether or not you need go...
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