26th August 2021
A major financial transaction such as this can create significant planning demands in your life.
While much has been written about how to
plan for, and then execute the successful sale of a financial planning
firm, there is much less guidance and focus on what happens to the
shareholders after the
17th June 2021
One of the questions I am most often asked is, “When is the right time to sell my business?” A better question is, “How will I know it is the right time to sell my business?”. But, even then, there is no single answer.
There are many factors that
26th March 2021
The sale of a financial services intermediary business is usually the single largest “capital event” for most owners. There is an old saying: “You don’t get a second chance to make a good first impression”; it is one to bear in mind from the outset. In my experience of working
11th March 2021
All firms should have a detailed risk plan in place. Here are the key considerations.
Most business owners will have had to deal with occurrences they were
not expecting. Examples include the death, disability or departure of
colleagues or fellow directors and partners. Others can include legal
disputes, IT issues, and
8th December 2020
Regular readers will have seen some of my thoughts about due diligence before, but I write this against the backdrop of significant deal activity in the sector.
There is a rush, in some cases, to complete transactions prior to the next Budget, now scheduled for 11 March 2021, when there
18th September 2020
The pandemic has been a chance to reflect, but there are issues to consider if you are planning to sell, acquire or pivot
Regular readers of my Money Marketing columns will know I have a penchant for lists and alliteration.
Set out below are my “six Cs”, as opposed to the recently
19th June 2020
The saying: “Act in haste, repent at
leisure”, is well worth bearing in mind in any business negotiation, let
alone in our personal dealings.
Careful and considered forethought
and preparation can and do make a positive difference to outcomes in a
commercial environment. Often decisions cannot easily be undone and
14th November 2019
As I have frequently said in previous articles in Money Marketing, it is a statistical fact that most financial intermediary acquisitions fail to deliver the value that was expected at the outset of the deal. A commonly quoted percentage is 70 per cent.
For the buyer, that means a shortfall
14th August 2019
There’s lots to consider when advice firms are considering buying or selling a business but without achieving these things any acquisition faces poor odds.
The number and pace of intermediary firm acquisitions has, it is widely quoted, never been greater. Two interesting – if true – statistics appear to
19th June 2019
Important points to consider when evaluating the suitability of a buyer and comparing offers.
Much has been written about what buyers are looking for in advice firms, what due diligence is likely to be required and how to prepare for a sale. But much less is said about