There are many reasons to sell a business such as retirement, moving on to the next challenge or receiving a once in a lifetime offer from a competitor. There may be one part of the business that you want to sell off to allow for further investment in another growth area.
The process can be complex and always time consuming. Knowing what your business is worth, negotiating the best possible deal, taking into account all of the implications relating to the finer details, such as equipment leases and whether there is a requirement to remain working in the business for some time after the sale.
We at Baxter & Co have enjoyed helping many of our clients to realise the value of their businesses. We can lead you through the process, starting from the presentation of your monthly accountants allowing potential buyers to easily interpret, to liaising with all involved parties on your behalf. We work closely with lawyers and advisors at every stage.
It is difficult removing the emotion from selling a business that you will have grown from the ground up in most cases or maybe it has been in the family for generations. Baxter & Co understand this element and will help you to not become distracted from obtaining the maximum value.