Mergers, Acquisitions & Disposals
After all of your hard work building and nurturing your business from the ground up; selling it can be a very difficult, emotional choice. We will stand back and provide you with impartial, honest advice to ensure you take the best offer to suit your personal circumstances.
Though acquisitions can be a very fast, effective method for the growth of your business. It is important to ensure that it’s combined general operations are greater than its individual processes, enhancing the businesses profitability as a whole.
Above all we are here to help and advise you, to make the transition less stressful for you and to progress the matter to a timely and successful conclusion.
No matter what stage your business is in - it is essential to have a realistic, ongoing business plan whether starting up or planning ahead.
A business plan is written document outlining your business activities, its aims and objectives, its strategies, background on its chosen market and its financial forecasts. It has many functions, from securing external funding to identifying milestones and measuring success within your business.
There are significant benefits to creating and managing a realistic business plan, these include:
- To help you spot potential pitfalls before they happen
- Structure the financial side of your business efficiently
- Focus your efforts on developing your business
- A measure of your success for your business.
The financial forecast is an essential aspect to your business plan, as potential investors will decide to invest in your business, or lend you money as a result of the strength of your plan. However it is equally important to view your business plan as a means to monitor your performance and stay on target - therefore this will need to be updated as your business grows. But regardless of how you utilize this plan, it is essential to take an objective, honest evaluation of your business.
For established businesses it is advisable to link the forecasts into the management accounting process, to review appropriate milestones and financial variances from the forecast regularly. This procedure will enable you to identify problem areas and assist in the updating of the overall business plan.