A message about the Manchester Arena attack

Exit Strategy July

Date: 21st July 2017
Location: Central Manchetser
Time: 8:00am - 12:00pm
Theme: Business Strategy, Sustainability, Operational efficiency

Ultimately, every owner manager will hand over control of their business.  Whether this is through a business sale to a third party or a managed succession plan, the process brings major risks and major opportunities. 

First well review the risks.  In particular well focus on the impact on operations, culture, customer perception that the removal of a key individual brings.  Well look at how to build confidence in the business future through ensuring a clear structure and skill-set exists in the management team that will remain in the business and how to ensure the companys brand and identity remain positive following the owners exit. 

Second, well consider the opportunities.  Well look at the key attributes buyers want to see in a business they acquire, and how to maximise sale value by enhancing these.  Well look at the importance of a track record of success, clear business metrics, and a defined strategy to give the buyer confidence that the business will grow.   And well look at how best to demonstrate these.

Third well consider the options available for the business owner - for a whole range of reasons immediate sale might not be as attractive as a longer term withdrawal from the business.  Well look at the pros and cons of each.

Finally, well look at the sale process itself.  How to target a buyer, how to ensure business continuity during the sale whilst retaining customer, staff and supplier loyalty.  

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