Selling A Business

Selling A Business

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Selling A Business

Selling all but the smallest of businesses is quite probably the biggest financial transaction in your lifetime. It is also fraught with potential risk, so it pays to seek experienced professional advice.

If you are contemplating a business sale as part of your retirement plans it is important to prepare the business for sale well in advance. You should consider:

  • Selling/ extracting non-core business assets
  • Eliminating non-business expenses
  • Reducing the business’ dependance on you
  • Secure the key employees
  • Ensure your paperwork is up-to-date and available for a prospective purchaser to see 
  • Ensure your information systems are up-to-date and fit for purpose
  • Tidy and smarten your business premises and other assets

We can support and advise you in this . We can also assist and advise in the sale process:

  • Value the business
  • Prepare a Sales Memorandum to show to interested parties
  • Market the business
  • Conduct Vendor due dilligence on prospective purchasers
  • Obtain confidentiality undertakings from prospective purchases
  • Handle and negotiate offers for the business
  • Prepare Heads of Agreement
  • Support the purchaser’s due dilligence enquiries
  • Advise and assist with the sale contract and disclosure letter
  • Support any post-completion commitments
Book A Call To See How We Can Help

Services

Selling A Business

Selling all but the smallest of businesses is quite probably the biggest financial transaction in your lifetime. It is also fraught with potential risk, so it pays to seek experienced professional advice.

If you are contemplating a business sale as part of your retirement plans it is important to prepare the business for sale well in advance. You should consider:

  • Selling/ extracting non-core business assets
  • Eliminating non-business expenses
  • Reducing the business’ dependance on you
  • Secure the key employees
  • Ensure your paperwork is up-to-date and available for a prospective purchaser to see 
  • Ensure your information systems are up-to-date and fit for purpose
  • Tidy and smarten your business premises and other assets

We can support and advise you in this . We can also assist and advise in the sale process:

  • Value the business
  • Prepare a Sales Memorandum to show to interested parties
  • Market the business
  • Conduct Vendor due dilligence on prospective purchasers
  • Obtain confidentiality undertakings from prospective purchases
  • Handle and negotiate offers for the business
  • Prepare Heads of Agreement
  • Support the purchaser’s due dilligence enquiries
  • Advise and assist with the sale contract and disclosure letter
  • Support any post-completion commitments
Book A Call To See How We Can Help

Testimonials

Client Feedback

See how we've assisted our valued clients in their own words.

    Peter Amison (Head of Finance)

    TopCashback

    We have used Citrus Group since the early days of establishing our business (6 years) for Audit, Payroll Processing, Taxation and Business Advice and have always found their advice to be responsive and commercial. As well as being professional, the team at Citrus Group are very down to earth, friendly and approachable so you never shy away from picking up the phone to ask for some quick advice - but this doesn’t detract from their ability to grasp complex matters quickly, even under pressurised situations and to deliver sensible pragmatic advice.

      Carl Butterfield (Office Manager)

      Edmonds Accounting Services Ltd

      Thank you for the assistance provided particularly in relation to the transition from UK GAAP to FRS102 and for enabling us to submit the accounts within the prescribed time frame. As discussed during our work, the rationale behind much of the transition adjustments was unclear and your assistance, which we are aware was often provided outside normal office hours, proved invaluable and was very much appreciated.

        Rob Thompson (Accountant)

        Cross Rhythm

        Citrus Group have audited Cross Rhythms charitable accounts for the last 6 years. Their work is of a high standard. They are both professional and friendly in their approach. I’ve also found their fees to be very reasonable.

          Robert Hylands (Director)

          Hylands Ltd

          Citrus Group have looked after all our accountancy needs in a very professional and dependable manner for the last 25 years. They are also a source of sound business advice and provide full payroll facilities which we have been pleased to use for many years. In conclusion we have no hesitation in recommending Citrus Group to any potential client.