Preparing a Business for Sale

Preparing a business for sale is always a delicate task. It is crucial that the business is fully prepared for your exit.

Simpson Wood can provide you and your stakeholders with all the support you need as you enter preparatory discussions where every issue relevant to the sale of your business is properly analysed, including tax planning, finance, and other areas such as HR planning and reducing the extent to which the business depends on you.

Business and succession planning tends to be more straightforward than a sale, but the help of a trusted advisor to facilitate discussions and clarify your thoughts can still be invaluable. Our experience in assisting a wide variety of clients through business and succession planning gives us a depth of knowledge that we use to tailor succession plans to the exact needs of our clients.

A degree of due diligence work is required in the majority of transactions, in order to satisfy financiers or the parties involved in buying or selling that the proposals work and are commercially viable.

Due diligence is not just restricted to the financial and tax aspects of the business, and can also involve legal aspects such as patents, restrictive covenants, health and safety, and licensing. Our broad knowledge and relationships with many legal practices allow Simpson Wood to guide you through this crucial area.

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Call today on 01484 534431 or fill in our enquiry form below, and we’ll call you back.

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More from Corporate Finance

Corporate Finance covers a wide range of services required at crucial stages in the life of a business, whether that is its purchase, a time of expansion, or its ultimate sale.

When looking at such transactions we can provide you with expert advice in order to optimise the outcome for both you and your business. Please click on the relevant heading for further details.

Since conversion we have been more than happy with the quality of service from Simpson Wood. Danny McAllister has been our direct contact and has been at the end of the phone whenever help has been needed. Governors have also welcomed his attendance at meetings to present the annual accounts.

The staff conducting the audit and completion of the accounts have been thorough and professional but also approachable and supportive.

We are more than happy to recommend the services of Simpson Wood and are looking forward to continuing a long and successful working relationship with them.

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