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Hi Mark, I'm not quite ready yet and currently weighting up options whether to do this or not, and if so which way to go about it. But thanks for your kind offer and I may be in touch at some point.
Thanks, really useful stuff there. We are absolutely in it to do right thing by the buyer and by our customers to ensure that any transition is seamless.
I have no direct relationship with the directors of our competitors (potential purchasers), other than being aware of them (as they will be...
Thanks, appreciate your feedback and yes a fairly similar situation although our business has a degree of branding, strategic and creative oversight for our customers in addition to the exhibition/event project management aspect. We have a small office, all storage is handled by our...
The business I would be transitioning my clients to would be a competitor, and their existing staff and directors would need no training to take on my customers since they already do exactly the same as us - day in day out. So them buying my business, or clients, would be simply a way for them...
This would apply to all small businesses to greater or lesser degree, but the answer is often yes as frequently whole projects are handled by trusted freelancers, sub-contractors and crew with a fairly minimal oversight from myself. I would estimate that the time I spend in the business is...
We generally have somewhere between £80k - £150k of advance project work for our customers (usually with PO's) in our schedule. This can be anything from 3-12 months in advance. At present we have commitment for £110k of future work, £90k of this we have a PO for from our customers, £20k of...
Hi, I am after some advice regarding a possible business sale and/or or the transition of my customers to a rival business.
Currently, I am the sole director of a corporate events business based here in the UK. I have been running the company since its formation in 2008 and the company had its...