Are You Prepared for The Biggest Business Decision of Your Life?
The right decision can only be made when you have the right information
Being the owner of a thriving business involves a constant stream of decisions, both significant and trivial. Yet, perhaps the most momentous decision you’ll ever make is when you come to sell your business. When to act, how to manage the process, and what it’s truly worth are all essential considerations.
However, the unfortunate truth is that a significant number of business owners neglect the critical aspect of preparation, unknowingly stumbling into a phase that should reward them for their tireless efforts. In reality, this process often turns into a source of frustration, leaving business owners feeling disillusioned and filled with regret due to their lack of foresight and planning.
What’s even more concerning is that this lack of preparation results in the following alarming statistics:
- A mere 5% of businesses are sold for an amount anywhere close to their original asking price.
- Only 10% of businesses are deemed saleable for a variety of reasons.
- A mere 20% of businesses actually change hands.
- Astonishingly, 75% of business owners regret selling their businesses.
- Many businesses either take years to sell or are left with no option but to close their doors for good.
Selling your business without sound advice is akin to venturing into a minefield. However, there is some encouraging news: a modest amount of planning and preparation can make a world of difference.
At NIAG, we are a team of seasoned business advisors who have walked in your shoes. Each of our directors has been at the helm of a business, fully understanding the challenges and predicaments you encounter. More importantly, they are well-versed in what needs to be done to enhance your business’s value and how to go about it.
The extensive expertise of our senior advisors enables them to leverage all their skills to improve your business and its transferable value. But we don’t stop there. NIAG takes it a step further and could potentially acquire your business. Our target market consists of thriving, profitable businesses that hold the potential for growth.
Initially, we collaborate with businesses before acquisition to enhance their efficiency, turnover, and, ultimately, their value. Alternatively, if it’s a more suitable option for you, we put our in-house expertise to work and facilitate the sale of your business. This process goes far beyond the creation of a simple sales brochure and adding your business to a list in the hope of the best. NIAG proactively seeks out suitable potential buyers who possess the right synergies to maximize your business’s value, thereby maximizing your return, all at a significantly lower cost than commercial agents.
You might find it beneficial to hear what one of our current clients has to say about our team and our services in this video.
For further details on how we can IMPROVE, BUY, or SELL your business to ensure you are rightfully rewarded for your hard work, please see the information provided below.
How it works!
Step 1.
Valuation – A fair and just independent appraisal to find the true transferable value
Step 2.
Funding – Vendor financing is arranged based on assets
Step 3.
Sale – The agreed sale price is made & NIAG prepare for growth
Once you have decided the time is right to sell your business, whether due to retirement or any other reason, the first step is to agree on the right valuation which is done using independent assessment tools.
Northern Investment Alliance Group Ltd will additionally conduct a full appraisal to evaluate the potential for growth and provide a forecast of improving value for clients wishing to retain a shareholding in the business.
Providing sufficient growth can be quantified, an agreed settlement will be made. This is usually in the form of cash on completion based on asset value and the balance over an agreed time period with due financial consideration provided for increased profitability.
Your business will be in safe hands and our team will work alongside your existing management team on a growth strategy.
Watch our explainer video for more information.
Ready To Talk?
Contact us now to initiate the process of selling your business, safely and efficiently
