Business Disposals
The decision to sell a business is always a difficult one. It is important to dispose of a business for the right reasons; these may not always be financial, but can often be for emotional reasons or because it is the right time to sell a business in a particular sector.
The current regime of capital gains tax on business sales (although recently changed in a pre-budget release) have kept business sales at a high level.
The role of the corporate financier in the sale is varied but will include:
- Detailed marketing of the business through a large database of corporate financiers and sale agents, ensuring that any business is marketed to as big an audience as possible.
- Identifying particular businesses that are acquisitive.
- Negotiating price with purchasers.
- Advising on the structure of the deal and funding proposals.
- Liaising with and finding suitable corporate lawyers to deal with the detailed legal paperwork ensuring that you are protected in terms of the level of warranty etc that you have to give.
- Assisting with the vendors advisers financial due diligence and dealing with the whole process on your behalf.
If you are considering selling your business and would like to discuss the options available to you, click here to contact our Corporate Finance Team.