It goes without saying that when selling or transferring ownership of your business you want to get the best possible deal. RSM Tenon advisers can help you to value your business and ensure the price is as high as can be justified.
Our services include:
Valuing your business
We will explain the financial and non-financial measures that are used to value businesses. By helping you to define your assets – both intellectual and physical - and reviewing the key market influences, we can help you to estimate the worth of your business to a potential buyer.
Preparing your business for sale
Appreciating market value is critical but in reality a business is only worth what the highest bidder will pay. So, it will need to be operating at its best when you're looking to sell. The preparation for sale can and should take a significant period of time, potentially up to several years, to allow for the management reporting to be as impressive as possible. RSM Tenon advisers can guide you through the likely issues a buyer might raise and help you to make the right management decisions to present the business to market in the most attractive way possible.
Identifying the appropriate route for you
In this day and age, very few business owners will be handing down the “family business” to the next generation. We will explore and assess the various routes for you, which could include a Management Buy Out (MBO), transfer to a family member, Vendor Initiated Management Buy Out (VIMBO) or a trade sale. Our recommendations will be based on the best deal for you; one that will offer a smooth, tax efficient transfer at a sensible market price.