Chris Hampson
Small and medium-sized businesses (SMEs) could see a hit of £6.8bn this year, due to inflation and rising business rates. SMEs play an important role in the UK economy, produce a combined annual turnover of £1.8 trillion, employ 15.7 million…
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It is now over a month since the Brexit vote and we have seen many changes in the political landscape. However, on the ground in the world of selling owner managed businesses, there seems to be little impact so far.…
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We are pleased to announce the sale of several of our clients business listings this week. Cleopatra’s Needle a well established needle work and tapestry kit manufacturer and wholesale business has been on the market for only 3 months GREAT…
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Are you planning on listing your business for sale in the New Year? You may be ready to proceed immediately, offering it for sale “as is” and prepared to make price concessions to account for any of its unaddressed weaknesses.…
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When selling your business there are several stages that need to be completed in order to achieve a successful outcome. Typical steps include: valuing your business preparing your business for sale, including taking steps to increase its value taking…
Read moreWhat a fantastic opportunity, Exit have been appointed to sell our clients 30 year old carpet retail business based in Burnley, this Freehold property is currently on the market for £115,000 ( Ref – 1974 )
Read moreA well established joinery manufacturing company based in Manchester – Leasehold £90,000 sale price, this business has been trading for 30 years and purchased by a regional competitor.
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While overall the business transaction market continues to flourish, some will say it has already returned to pre-recession level. While economic growth has boosted transaction activity, conditions are still not ideal for buyers trying to obtain funding. There remains a…
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It is important to understand the various aspects of confidentiality when it comes to selling a business. This can involve understanding what to disclose and when, and the legal obligations that need to be met by business sellers. Knowing what…
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A common challenge for prospective business buyers is coming up with enough capital to purchase a business. This can be an issue related to either the down payment or total purchase price, or perhaps both. One of the most important…
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