Archive for the ‘Business’ Category

Looking to Sell Your Company in the UK? What’s the Next Move?

Tuesday, February 3rd, 2015

Firm Gains LogoWhen you have finally decided to sell your company, it is important to consider how the whole process can be done safely. In most cases, people opt for brokers since they are knowledgeable on the latest market trends and can also quickly lead you to a potential buyer. Once you have landed in the hands of a right business transfer agent such as with the professionals at Firm Gains in Aldermaston, chances are you will get the maximum price for your asset. On the contrary, an inexperienced broker will give you a hard time and chances are your business will lie dormant for a long period of time.

Sellers need to have a strategy in place if they are to successfully get help from the best brokers around in the UK. But how does one attract the services of these well-to-do outfits? First of all, a transfer sales agent needs to have some special attributes that will win the trust of the sellers and vice versa. For a good working experience to be had, priority #1 has to be the focus on the sale of the business without question. Brokers need to understand that sellers are simply looking for ‘seller brokers’ in order to get the maximum gains out of the business in question. Having affordable fees for one definitely will increase a broker’s options when it comes to handling clients.

In addition to affordable fees, a broker should also have a track record that is clean and void from all criminal offenses. A business selling broker should not hesitate to give a list of some of the previous clients that he or she has dealt with. Furthermore, a transfer agent should have zeal for his/her job and give the conviction to the seller. At some point, the sellers may ask many questions during the first encounter but the sole purpose of this is to gauge the broker’s strengths and weaknesses. Well, as most should know Rome was not built in one day, and this also applies to becoming a business selling broker. There is no way to promise heaven to a seller on the first encounter and claim to do the whole process alone. In fact, this will only increase the seller’s doubts. All a broker needs to do is simply involve some other professionals such as accountants and lawyers. Once other such experts are brought into the mix, it will bring a new lasting impression to the client that the agent values the job.

Noted above are just the bare essentials that a seller needs to be aware of before hiring any agency to assist with the sale of his/her company. For more resources on where to find trusted professionals and more like business value calculators, check out Firm Gains that is an advisory service I trust and have had much success with in recent past.