When buying a business, it’s essential to have a clear strategy. Here are three key questions to ask yourself:
1. What are the key assumptions behind your purchase price and expected return?
Due diligence can be time-consuming, and so focusing on the most critical areas will save you time and money. Understanding the key financial and operational assumptions behind your purchase will help you prioritise the areas that matter most. Our team can help you identify these focus points, streamline your due diligence process, and allocate and mitigate related risk.
2. What’s your timeline?
Momentum is crucial in any transaction. Setting a clear, realistic timeline helps manage expectations and keeps everyone accountable. We proactively project-manage transactions to help you stay on track and achieve a successful outcome.
3. What kind of relationship do you want with the seller or key employees post-sale?
In many cases, particularly with owner-managed businesses, sellers stay involved for a transition period post-sale. Whether through an earn-out arrangement or a fixed-term contract, having a positive working relationship can make post-sale integration smoother. We take the time to understand your long-term goals and help structure the deal in a way that supports them.
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