Strategic Corporate Finance has teamed up with experienced business coaches to offer a service to company owners who are starting to plan their eventual exit from their business.
Coaching is taken for granted by top sports people – it can also play an important part in getting a business ready for sale.
Eventual exit may still be some years away, but there is every reason to start to think about, and plan towards, your exit sooner rather than later.
Early planning will mean you have time to:
- Fully consider all the options you have for selling your business: management buy-out; trade sale; merger; passing the business to a family member;
- Understand how your business will be valued and which aspects a buyer would place most value on;
- Assess issues in your business which might need addressing to improve value and /or saleability, eg. over-reliance on a few clients, suppliers, current owner; effectiveness of management systems.
- Have sufficient time to make changes in your business which will make it more saleable and valuable.
In conjunction with experienced business coaches, Strategic Corporate Finance offer company owners an opportunity to actively plan for the eventual sale of their business.
The service includes:
Initial review and assessment (The Exit Strategy Review):
- Company valuation, including methodology and assessment of value drivers & drags
- Assessment of exit options and types of potential buyer
- Assessment of internal aspects of the business: profit drivers, people, management, systems
- Potential valuation at the time of sale
Plan for exit
- Based on the outcomes from the initial review, a prioritised plan of projects and tasks which can be implemented to prepare the business for sale.
Focused mentoring throughout the implementation of the Exit Strategy Plan
- One to one support for the business owner & management team
- Reassessment of priorities in light of development of the business
Ongoing dialogue with Strategic Corporate Finance advisors regarding external market conditions and assessment of how this might affect exit plans:
- transactions in the sector;
- activity of potential buyers;
- advice on key issues that need to addressed before the exit;
- updated view on valuation.
