AN INSIGHT INTO OUR METHOD:
The sale of your business is likely to be the single largest transaction you’ll complete in your lifetime. If you’ve been thinking about selling your business you might have doubts, and quite rightly so. The chances are you’ve spent years, maybe decades building up your business and that’s a lot of time, hard work and emotional commitment.
The stages of the process, outlined below, are to give you an idea of how the process works if you haven’t sold a business before.
The stages of the process, outlined below, are to give you an idea of how the process works if you haven’t sold a business before.
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If you're aiming to retire, we understand the importance of keeping the good name and reputation of the business. That's why we like to keep what's already working and see where we can improve back-end processes. |
the process
Although we like to get to know you and your business individually, it's useful to understand our process - here's a brief outline:
STAGE 1 - INITIAL REVIEW• Initial Contact
• Introductory Call/Meeting • Initial assessment of financials • Discussion around expectations |
STAGE 2 - discussions• Meeting/Call with Indicative Offer
• Timelines and exit discussion • Heads of Terms signed |
STAGE 3 - LEGALS & COMPLETION• Due Diligence
• Sale and Purchase Agreement • Completion and Handover |
This is a broad overview of the process. The time from initial contact to completion can vary, from 6 weeks and upwards. There will be times when your patience will be tested and without motivation, the process can fall over. Remaining steadfast is vitally important to get the deal across the line and we'll support you throughout.
