Your Business Sold

What is an exit plan or exit strategy

planning your way to completion

Forward thinking businesses will deploy an exit plan some years before actual disposal.

If you are a smaller business then affording a broker may be a real issue and therefore education about the process is critical. Please read ‘the real world guide to selling a business’ and any other specific information you can and or contact your local Business Link. Do not rely on well meaning friends, family or acquaintances unless they have sold a number of businesses.

Forward thinking businesses will deploy an exit plan some years before actual disposal.

Put simply the exit strategy is a documented project plan covering all key points that will enable disposal in the best possible way and therefore for the best possible value.

An exit plan will address key strengths and weaknesses in the business, will address the target buyers and ensure that succession management is in place.

Visit www.hhcbs.co.uk for more details.

What do I need to know about selling my business? How can I avoid common mistakes?

It is important to understand:

• What your options are
• What is a business broker?
• What are the different types of broker?
• What do business brokers charge?
• How much is your business worth?
• Should you go it alone?
• How does advertising work?
• What should I pay to advertise?
• Do’s and Don’ts, common mistakes made when selling a business
• How do you get maximum value?
• What is an exit strategy? <<