Were you planning on selling your business pre COVID-19?

21 September 2020 Andy Ryder View all News

If you were thinking of selling before the pandemic, have you been left wondering what to do now?

Over the recent weeks and months we have talked to many clients and contacts who feel that their plans to exit their business have been somewhat de-railed. With the continuing uncertainty, most are wondering what the next step should be? Many are thinking that battening down the hatches and revisiting their plans at some point in the future may be their only option.

Putting off selling your business might not be the only option

Whilst in some cases delaying may be a sensible approach, we are also advising all our relevant clients to talk to us and see if there might be a better solution.

Why?

  • the mergers and acquisitions market is showing green shoots with acquisitive companies and private equity buyers remaining active
  • alternative exit routes could also well be the answer through a Management Buy Out or a sale to an Employee Ownership Trust

Our view is that business owners should consider their options – things are probably more positive than you realise and if you take good advice and are prepared to be flexible, maybe there is a solution out there?

Register now for our upcoming webinar

We are holding a free webinar on 13 October 2020, for business owners who would like to understand how to approach selling a business in these uncertain times: Successfully selling a business during a pandemic.  

This webinar is perfect for the business owner who would like to understand what we expect to see in the changing market place.  Why not register your place now, and learn more.

Register your place now

 

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