Selling a business

..the sale of your business is the ultimate reward for the risk and the effort you have put in

BDO Kendalls Corporate Finance understands that the decision to sell your business is one of the most important financial decisions you will ever make. You have invested considerable time and effort in building your business therefore its sale probably holds the key to a secure and comfortable future.

BDO Kendalls Corporate Finance is able to help you and your business from the beginning. Firstly from the decision to sell, to the grooming of your business for sale, working out what your business is worth and finally the sale process including structuring the deal.

If you decide to sell your business, you should be aware of the following key stages in what should be a structured process:

• Choosing your adviser
• Grooming the business for sale
• Understanding the likely value and preferred deal structure
• Thorough tax planning
• Collating all necessary information
• Identifying and contacting potential buyers
• First meeting with short listed buyers and revised offers
• Further meetings with short listed buyers and revised offers
• Further negotiations and heads of agreements
• Completing the due diligence process, legal documentation and sale.

It is fundamental to an effective sale process that your advisers keep control of events, maximise value and take on much of the burden of the deal administration. BDO Kendalls Corporate Finance is able to draw on BDO Kendalls wider expertise, and strong network of contacts, national and international, as and when necessary.

Many companies may not realise the true underlying value of their business or its assets. BDO Kendalls Corporate Finance is able to help companies recognise the full value of their business. Furthermore, the BDO Kendalls Corporate Finance team has experts in every state who specialise in corporate advisory allowing companies to maximize the potential value for their business or its assets through a solution specifically tailored to that company's needs.

If you are thinking about selling your business BDO Kendalls believe you should seek professional advice at the earliest possible stage. This will ensure you achieve the best possible price and the most effective deal structure for your unique circumstances.