Choosing the right time to sell your business is one of the biggest decisions an owner will ever make.
Get the timing right and you can maximise the valuation but get it wrong and you could spend the rest of your life thinking ‘what if’.
Having the ability to choose isn’t a given, yet we often approach it as such.
Let’s say we can plan each step forward and sell when we want to. What does good look like? What options do you have? How long does the process take?
These are some of the questions owners must ask themselves when deciding the right time to sell their business.
What if your valuation is lower than you had hoped and you need to work an additional five years in the hopes you can sleep easier at night and do the things you want to do? How do you best approach this? What options do you have?
This is based on the assumption that you have complete control over the timing and that unforeseen circumstances won’t coming knocking on your door.
Unforeseen circumstances come in many ways. They can be driven by innovation, competition, disruptive market developments, but also mental and physical health.
Where are you in your journey? Are you thinking about selling your business?
If you are, then you owe it to yourself and your business to attend Marktlink’s exclusive masterclass sessions on June 4th and June 5th in Manchester and the Midlands respectively.
The theme is ‘optimising your business to be sale-ready’ and take place at Manchester’s Emirates Old Trafford cricket ground on June 4th and The Belfry Hotel & Resort, in Sutton Coldfield, on June 5th
Being ‘sale-ready’ doesn’t necessarily mean you are going to sell immediately, it means you have the flexibility to make the best choices available for the future of your business and yourself.
If you’re actively considering a sale or simply exploring future possibilities, you won’t want to miss these interactive workshops.
Hosted by award-winning journalist Chris Maguire, the sessions will discuss current market trends, the mechanics of company valuation, and the practical steps you can take to prepare your business for a successful sale.
Apadmi co-founder Howard Simms and Tim Fairley, managing director of PDS, will be sharing their experiences of exiting a business at the Manchester masterclass on June 4th.
A day later tech entrepreneur Steve White, who founded Lone Worker Solutions, and Thomas Gardner, co-founder of Robiquity, will provide their exit stories at the Midlands event.
In uncertain times, the world around you will continue to spin and businesses will be bought, sold, created and some will disappear.
These masterclasses are free, but spaces are limited. To ensure your place, please contact my colleague Niels Turner at: [email protected] or 07523686817.