A range of topics, from starting a business to selling one
Sheldon School in Chippenham has launched a new initiative to further develop the employability skills of its 1,800 pupils. Known as Sheldon Associates, the school has designed a programme to connect the worlds of business and education so that its students will be better prepared for the world of work when they leave the school.
This is one in a series of 5 weekly blogs where we identify the best steps to take when selling your business. This fourth blog looks at appointing a preferred bidder. Assessing offers No two offers are ever the same. Deal structure and negotiations are driven by each vendor’s specific requirements. There are many ways of paying for and acquiring a business (cash, shares and loan notes or a combination thereof) and the role of the Corporate Finance Advisor is to assess what is on offer and to obtain the best outcome for the Vendor. When appointing a preferred bidder, the main deal structure considerations are price, form of consideration and handover period:
This is one in a series of 5 weekly blogs where we identify the best steps to take when selling your business. This third blog looks at identifying prospective buyers. Identifying a robust list of prospective buyers for your company is an essential part of the sale process. If two or more interested parties can be identified, a competitive bidding process can boost sale proceeds. Collating a detailed list of the buyers who may be interested in your business is a time consuming task. The key is ensuring that all potential buyers have been considered, including the following broad categories: competitors, customers, suppliers, new market entrants, your own management team and investors.