Sequel Partners – why choose us for corporate advice?
Why sell?
You are looking at a lifetime’s work. Think of the hours you are put into the company – the risks you have taken….
You and your family deserve to be rewarded for all the hard work you have put into founding and growing the company.
Most business owners are self -starters – typically they have spent 20 or more years business building their business. They may have achieved their vision, perhaps not – but the key is now the right time to capitalise on all the investment.
What drives a business owner to sell?
Research shows the main reasons are:
Retirement – or the desire for a change in lifestyle
Lack of time to really grow the business.
Fatigue – or health reasons
A burning desire to crystalise the investment and move on to new challenges.
The glass ceiling – the business has reached a performance plateau.
The Company needs new investment which the shareholders are unwilling to fund.
When is the right time to sell?
Ideally sell with 3 years of real growth potential left in the business.
You need to spend at least 12 months preparing the company for sale – working with your advisors.
Ask yourself a few honest questions:
Is the business really growing or standing still after inflation?
How dependent are you on the sale proceeds to fund your retirement?
Can the management team really run the business if you are not around?
Are there gaps in the team which the new owners will need to fill?
Have you repaid debt where you can – particularly Bounce back loans?
The next stage
If you’d like to arrange a meeting or would like to discuss your exit plans please call Tim Bowler on 0776 8060 955 or by email at tbowler@sequelpartners.co.uk