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A practical guide to selling your business. - How to sell your business for the best price and ride into the sunset!
There are over 2 million private limited companies in the UK, but many business owners spend years learning how to run and grow a business, yet fail to plan how to sell up and exit. The cost can be significant leaving owners unable to capitalise on their most valuable asset, the business, and squandering years of hard work.
Planning, preparation, recruiting good intermediaries, finding a quality buyer, negotiating the best price, dealing with accountants and concerned staff and avoiding potential traps - issues that require careful attention are all examined in Exit Strategy. Plus the advantages and disadvantages of options such as flotation, management buy out and straight sale of the business are explored.