The value of your business is built up over years of effort and toil. There comes a time when you feel it right to sell; maybe to move on, retire or just enjoy the rewards of the time you have spent creating a successful business.

So, you have never sold a business before, how do you go about it?
This is the time for a trusted, pragmatic and impartial adviser who will act only in your interests.

The work should begin long before the sale. You need to be very clear what you want out of the sale and prepare the company for sale. This may involve separating parts of the business. It may mean preparing a management buyout team to buy the company. It could mean developing a structure for management.

WLP will also introduce you to cost effective legal and tax advisers as part of the team to ensure you maximise your value potential; these are partners that we have used and trust.

We have helped business owners through the process of:

• Deciding the price.
• Preparing a sale document.
• Finding potential buyers.
• Helping to reach Heads of Agreement incorporating the principal terms of the sale.

Project managing the process to achieve completion including:

• Due diligence.
• Disclosures.
• Concluding the legal paperwork.

It is not so daunting as you think when you have experienced, knowledgeable and pragmatic advice to hand.

For further information or a no obligation face to face discussion please contact WLP.