When you are considering selling a business, no matter how large or small, achieving the best possible terms is your primary concern.
Jerroms Corporate Finance advise our clients on all aspects of selling their business – and there are many things to consider, including:
Our team have advised on hundreds of business negotiations and sales and with so much to consider and implement, our clients really appreciate the support and reassurance of working closely with such an experienced team.
As a business owner, the decision to sell your business is probably the biggest decision you will ever make.
There are several reasons you may have come to that decision. It could be that you are about to retire, sell to a larger corporation to assist in its growth or sell to your management team. Whatever the specific reasons, selling your business can be a difficult, complicated and emotional experience, especially if you’re not properly prepared.
A common mistake made by many business owners is the lack of time taken to prepare the business for sale. It is vital sufficient time is allocated in advance to ensure the business is in a strong position for sale, that any existing issues are addressed beforehand and that the structure is optimised to secure the best sale value and the minimum exposure to tax. Failure to plan can often result in the business valuation not meeting the owner’s expectation or problems further along the line.
To help prepare you more fully, here are some tips to guide you through the process.
Jerroms has tax experts and industry focused professionals to ensure that you develop the most beneficial environment for the sale.
So, if you’re selling your business, we can help you with every step of the process, from valuation to giving you the best post-sales advice.
Disposal Tax Planning
The sale of a company almost always gives rise to some form of potential capital gains tax liability. Jerroms Corporate Finance can help you with your planning to potentially reduce your exposure to this form of taxation. We offer help and advice on the following: -
Due diligence is an important factor in the successful sale of a business. It provides an independent assessment which can answer potential questions and reassure prospective buyers. These reviews can help to establish a fair sale price and identify risks early in the process.
Our due diligence reports aim to:
Our due diligence experts are well versed in preparing these reports. We understand issues from the vendor’s perspective but are also able to advise on what prospective buyers will be looking for.
The valuation of intellectual property has assumed far greater relevance in recent years. Jerroms Corporate Finance has acquired considerable valuation expertise in this field, specifically in:
Business owners are most unlikely to contemplate a sale without first having obtained an estimated valuation but it is also important to understand the metrics that drive that valuation.
If the valuation is driven by the fixed assets of the business then making sure that those assets are well maintained, secured and insured is an important consideration. If the valuation is driven by the people assets of the business then making sure that those people are happy, properly rewarded and fully engaged in the process will aid the outcome.
If the valuation is driven by the business underlying earnings or its annuity income streams, then focussing upon maximising those drivers will yield the best outcome
Jerroms is a trading style of Jerroms Business Solutions Limited 08923059, Jerroms (Bromsgrove) Limited 08433008 and Jerroms Corporate Finance Limited 12112183 .
Registered office for each of these companies is: Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH