Are you thinking of leaving your business within the next few years? Do you have an exit plan in place to ensure a smooth transition and rewarding outcome? This blog highlights some key pointers to help guide you through the process.
Tag: Exit planning
How to improve your chances of a successful exit
The owners of small businesses are very likely to make mistakes when the time comes to selling their business. This is not at all surprising – most of us learn from experience but most owners of small businesses have never sold a business before. However, this is one of those situations where “learning on the […]
Planning for the unforeseen!
During these unusual times we have all realised that we cannot plan for every eventuality, but we can help by being prepared. How we react to sudden events is our choice and our decision. Situations can come out of the blue just like Covid-19 did, but unexpected events can take many forms – a technology shift in your market, an unsolicited offer to buy the company or something more personal like divorce, […]
Eight Aspects to Increase Business Value
It’s not just about a multiple of your earnings (EBITDA)……. Many business owners just focus on the ‘numbers’ in terms of Turnover and a multiple of Earnings (3 to 6+ times) when trying to get an indicative value for their business. However, there is so much more that should be taken into account when valuing […]
Listen to CMC Business Advisors at The Business Show 2019 – Increasing Your Business Value
Come and Listen to Atreya and Simon at The Business Show 2019 – 16th May, 12pm When you have made the momentous decision to sell your business one of the next steps is to start thinking about a valuation. It’s not just about coming up with a figure and sticking it on the market. Like […]
Advantages of Business Budgeting – Part 2 Strategy then budget
Your strategy must led the business budgeting process In my first post on business budgeting I discussed the advantages of a collaborative approach setting out your budgeting process. I know from personal experience that a lot of staff in many companies view a budget as a bother rather than as a useful tool. If this is […]
Due Diligence as Part of the Business Sale
Any organisation negotiating a business sale or purchase must challenge the assumptions being made about the deal. The purpose of due diligence is to provide comfort by reviewing and validating all of the financial, commercial, operational and strategic assumptions. It confirms that buyer and seller agree to what is being traded as well as giving […]
Webinar – Thinking of Selling your Business
If you are considering selling your business in the future and you were unable to join this webinar live, it is now available for you to view by completing the ‘Contact us’ form below to request the link. During this webinar, CMC Speakers Peter Martin and Simon Scott shared practical advice and guidance on preparing […]