Insights & Advice for Buying and Selling Businesses

The Autumn Budget often brings a wave of headlines, political noise and technical language—but behind it all are real changes that directly affect how UK business owners plan, invest and operate.

Business owners have two main options when it comes to making money. You can sell your business and take the proceeds to fund a new venture or invest. Alternatively, you can keep the business and use it to generate an income, even if you take a less active role in running things. Although it can be hard to give up your business, there are some risks to sticking with it rather than selling.

With the pandemic forcing people to consider how and where they work, more businesses are going on the market now than in recent years. So, to ensure you succeed in negotiations and get the very best deal, it is crucial to have all the necessary skills required to close your sale. Selling a business is a process that takes finesse and sensitivity, as well as grit.

With companies still getting to grips with Brexit and the pandemic having a huge impact on businesses globally, it is easy to understand why most UK businesses have struggled in recent times.

It’s not uncommon to be considering the future of your business at this time of year. As a new year dawns, the thought of ‘do I really want to still be doing this next year’ might well be niggling at the back of your mind.

Deciding to sell your business is a big step to take and it’s important to gain as much knowledge as possible about the process to make it go as smoothly as possible.