Advice you can count on for
business sellers and acquirers

Exit Planning - Our Approach

Exit Planning refers to a plan of action undertaken by a business owner, usually over 3 to 5 years, to prepare a business for a sale with a view to achieving a higher price and/or smoother process.  We call the elements of an Exit Plan 'Action Areas'.  The Video on this page provides a brief Overview of some of these. 

Although some Action Areas are likely to take a number of years to come to fruition others can be carried out over a number of weeks or months which can go alongside the sales process.  A common theme of all the Action Areas is to reduce the risk profile of the purchase from a buyer's perspective – the lower the risk, the higher the price a buyer should be prepared to pay.

In our experience, owners who wish to embark on Exit Planning over years are relatively rare.  Usually, by the time a business owner contacts us about selling their business, he/she wants to complete the sale as quickly as possible and, given that a sale process will typically take 9-12 months and then a handover might take a further 3-6 months, he/she is keener on starting the process rather than preparing the business for sale.  However, we always encourage owners to carry through the shorter-term Action Areas even if it is only to have a tidy up! 

If you would like to talk to us about Exit Planning on a confidential and no obligation basis please Contact Us or call on 02476 100476.

 

 


Anderson Shaw has offices on the outskirts of Coventry and provides business broker and corporate finance services for clients throughout the Midlands and the UK.

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