Thoughtful preparation is a distinguishing factor in any successful sale transaction. The better prepared a business owner is for the intensive scrutiny of potential buyers that is an inevitable part of the sale process (in terms of accounting records, financial statements, systems and controls, tax records, employment records, etc.) the greater the confidence you will engender in the buyer regarding the management of the business, which should deliver a higher valuation and a smoother process.
We have clients who have successfully completed a sale of their business with BCMS many years after first discussing their objectives with us. These clients have benefited from the time to undertake advance preparation and, following our advice, to implement concrete actions (with respect to the financial statements, the management team, growth initiatives, etc.) to improve how their business will be positioned with potential buyers.
If you would like to speak to a BCMS expert and understand how we can help you, please book a private meeting here.