WEST MIDLANDS (PRWEB) February 20, 2023
Ventura Business Brokers have released new guidance offering advice to those looking to sell a company in the struggling UK economy.
The full article that can be read directly on their website addresses issues such as the impact of the pandemic and how that should be factored into valuing a business.
There is also guidance on the importance of profit margins, accurate balance sheets, updated trading information and negotiating when future growth is expected.
It’s hoped this advice can provide a useful resource to business owners weighing up a sale and help them make accurate judgements.
Managing Director John Southern commented: “Much is written about how to prepare your SME for a sale and this general advice is as relevant as it ever was, but we are finding that there are a number of areas that sellers need to be particularly aware of in the current climate.”
“When people come to us looking to help them achieve a sale, they can often be surprised by the amount of information we have to unpack to really understand the full picture and advise on both potential open market value and the best way to proceed.”
“The pandemic, combined with the continued gloom around the UK economy has made it even more complicated to make these assessments so we want to share some of the key considerations to assist those considering a sale.”
You can access the article on their website here: https://www.venturabusinessbrokers.co.uk/sell-company-advice-uk-economic-climate/
About Ventura Business Brokers
Ventura Business Brokers specialise in the confidential sale of UK-based companies valued between £500k and £10m. All fees are success-based and the company has a 19-year proven track record.
Contact Ventura Business Brokers
John Southern
Managing Director
Ventura Business Brokers Ltd
johnsouthern@venturabusinessbrokers.co.uk
http://www.venturabusinessbrokers.co.uk
