When all goes well
RetiringIFA are here to sell your business at the right price within a short period of time.
To achieve this, we provide you with multiple introductions to genuine cash rish prospects looking to grow their business, who we have identified will see specific value in your business or client bank.
When all does not go quite according to plan
There are times when the potential buyers’ value of the business is significantly less than that of the sellers. In this case, the seller must address the issue of what changes need to be made to the business in order to secure the required sale price.
When planning for the future
There are many business owners who are currently not ready to sell their business but who do have a very clear vision of wanting to sell their business for a specific amount at a defined point in time some years ahead, which may very well be linked in with their retirement plans.
However, the reality of the situation is that there is a wide discrepancy between that figure the owner is looking to ascertain and what the business is actually worth at the present time. Again, the seller needs to consider what changes must be made to the business in order to increase its value to the required level.
Maximising the Value of the Sale
In both the above scenarios, the business owner needs to put in place a clearly defined ‘Strategy for Sale’ that, once implemented, should ensure that the business model is sufficiently robust for the owner to realistically expect to sell the business at the right price and within the agreed time-scale.
What is the Retiring IFA ‘Strategy for Sale’?
It is a document which summarises all the critical changes that need to be made to the business model in order to move the business from its current position to one where the sale price can reasonably be expected to be realised. However, this is only the starting point because, having identified these changes, the next important step is to fully implement these changes within the appropriate time-scale.
As no two businesses are the same, regrettably, there is no one size fits all ‘Strategy for Sale’ solution. Each business will have its own unique defined starting point. .
How can we help?
The important point to remember is that a business can always be sold for a reasonable price provided that the right steps have been taken to ensure the business model is sufficiently robust to command that price.
Suuqea Managing Director David Cox supported by RetiringIFA can put together your ‘Strategy for Sale’.
David can assist you with its implementation and has full and unlimited contact and access to all intelligence and purchaser requirements from the Retiring IFA and Trailbuyer buying network.
So, if you are planning to sell your business, in a few years time why risk losing any of your value?
Get expert professional help to get the price you deserve, read about Davids background here
Drop us an email confidentially here for a free 20 minute telephone consultation with David.