Growing a business

By this stage, you are aware of the day-to-day deadlines and obligations, but need to improve and fine tune processes. You want to make even more profit so you can have the lifestyle you desire. But you don’t yet know enough about what to change in your business. You might consider the following things we can do in order to assist:

  • Growth and Exit strategies
  • Succession planning
  • Retirement
  • Flotation
  • Purchasing or selling a business

Growth and Exit Strategies

It’s not enough to stand still. Especially if you’re in the middle of the road. If your competition is growing then there is less of the cake available to you so you need a strategy to keep up.
You may be gaining some new business through word of mouth referrals but is it enough to cover your increasing costs? You can achieve real growth, even in a difficult market but you need a plan and a way of implementing it. Ways like free advertising, social media and networking are fantastic ways to increase your revenue.
Give us a call and we’ll explain how we can help you with both of those aims.

Purchasing or selling a business

This is such a specialist area don’t try and go it alone.Think about the following.

  • How do you know what is the right price to offer for a business?
  • Should you be buying shares in the business or it’s goodwill?
  • What do the Balance Sheet figures mean?
  • How much extra profit will you make once you’ve taken on the other business?
  • What is the best way of financing the purchase?
  • If you’re selling, what tax will you have to pay after the sale? Can the tax bill be reduced?
  • How much should you sell for?
  • What’s the best structure for the sale?

Don’t be afraid to ask us. Call us now, even if you’ve only just started thinking about buying or selling.