Looking to Sell Your Business – Where to Start скачать в хорошем качестве

Looking to Sell Your Business – Where to Start

In this video, Nick Davies and Justin Levine discuss the process of selling a company and provide guidance on who to approach and what to expect. They explain that the first step is to educate oneself on the sales process, as most business owners have not sold a company before. They also emphasise the importance of understanding the size of the business, as this will determine the type of support needed. For smaller businesses with profits below £1 million, business brokers are typically the route to market. For larger businesses, M&A firms, corporate finance firms, and investment banks are more suitable options. The video also touches on the importance of valuation and how it is determined through a range of factors, including profit and market data. The process of selling a company can take around 12 months, with due diligence and negotiation being key stages. The video concludes by highlighting the value of having a skilled professionals including solicitors and M&A firm to guide the process and increase the chances of a successful sale. Quick find timeline: 00:00 - Introduction: Where to Start (Looking to Sell Your Business?) 00:43 - Get educated, YouTube, google 00:59 - Understand company size, this dictates available support 01:17 - Best fit by accountants, business brokers, corporate finance firms, M&A professionals or investment banks depends on profit 01:47 - £1M EBITDA threshold explained 02:37 - Business broker - typical support 03:14 - Specialist support for EBITDA £1M+ 03:56 - More selective, targeted approach for companies with good profit 06:07 - M&A boutique / investment bank support vs business broker 07:18 - Examples of boutique support: Preparation, Research 150 man days, Global search 10:02 - Information memorandum (IM) overview & why it's important 11:52 - Presenting the opportunity & model performance under new ownership 12:03 - Contrasting with current strategy 12:34 - What is adjusted EBITDA? 14:40 - Expressions of interest / offers and beyond 16:49 - Offers are not all the same 18:35 - Value of negotiating the right deal structure and optimising the price 19:40 - Offer letter and heads of terms 19:45 - Additional support, legal, tax, accounting 21:01 - Due Diligence is scrutinising & will inform content of SPA 21:34 - Timeframes for research, offers, heads of terms, due diligence milestones 24:07 - Legal team can add value from heads of terms 24:57 - Overseas buyers have different legal jurisdictions that can impact on timeframes 25:46 - Summary where to start (selling a business) 27:25 - Valuation ranges and how they are typically calculated 30:42 - Competition increases values 31:38 - Tax valuations vs market valuation Meet your M&A experts Nick Davies, Partner | M&A Solicitor, Steele Raymond LLP Solicitors Nick acts for a wide range of business clients across various sectors, advising on complex corporate transactions including company sales, purchases and mergers. Nick also advises on on mergers, de-mergers and re-organisation. https://www.steeleraymond.co.uk/our-p... Justin Levine – Managing Director, TheNonExec M&A Boutique Justin leads a boutique exit advisory firm specialising in manufacturing, technology, IT, digital, healthcare, wholesale and distribution markets. With the support of a 15-strong virtual team of analysts and researchers, he helps private business owners with growth and exit strategies.   / justinaclevine   CONTACTS: TheNonExec Limited Contact us here to chat about your business exit. https://www.thenonexecutive.com/contact/ Steele Raymond LLP Richmond Point, 43 Richmond Hill, Bournemouth, BH2 6LR steeleraymond.co.uk