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Processes
Involved In Selling A Business
First
Contact
It
is very important at an early stage to ascertain whether the timing
is right for sale. Diverco can advise you on an exit plan to suit
you in order to maximise a satisfactory outcome.
Face-To-Face
Meeting & Exchange Of Company Information
Diverco
policy has always been to have early face-to-face meetings at a
mutual venue away from your premises if required. We have a network
of Regional Directors who cover the whole of the UK and Ireland
who will advise you on the steps needed to achieve a successful
sale. This initial meeting is key to obtain a greater understanding
of your business sector, your own personal input, and future growth
prospects together with likely potential purchasers.
Setting
Out A Sale Agenda
The
current time to sell may not be favourable and much work may have
to be done before you are in a position to proceed with a sale.
This is where Diverco can set out a plan of action to help you structure
your time and effort more efficiently into preparing for sale with
the aim of maximising value.
Review
& Research Into Market Sector
Using
the latest market information, a comprehensive database of known
serious purchasers, plus over thirty years of successful sales,
equates to a huge dossier of information to best prepare the sale
prospects for your company.
Compiling
Company Report
Part
of Diverco’s strength lies in compiling an individual tailored
report, outlining the business in a clear and precise format. This
allows potential purchasers a quick and clear insight into your
company without breaking any confidences.
Web
Site Register & Key Targeted Contact Of Prospective Purchaser
Our
online website www.diverco.co.uk has always been a convenient first
approach. Information given is always confidential, but outlines
the area, sector, turnover and brief description of your business.
This allows an excellent opportunity to promote your sale while
keeping your company name and identity concealed. Look through our
companies for sale list to get a better understanding on how your
company could be discretely promoted.
Purchaser
Enquires & Vetting & Exchange Of Confidentiality Agreement
En
trusting your company sale to us, allows you to have total reassurance
in knowing that an experienced senior advisor is always there to
guide you through all the negotiations to a successful sale. Acting
solely for vendor clients we only have their interest at heart with
no other hidden agendas or vested interests.
Discussion
Of Target purchasers with Vendor
All
prospective purchasers are cleared with you our client before any
confidential information is released. This allows you to be kept
fully informed on who is interested and from which sector.
Offer,
Heads Of Agreements, Due Diligence & Contracts
Once
an offer has been made Diverco will prepare Heads Of Agreement for
signing and will manage all negotiations to a successful contracted
outcome, and liase with respective Solicitors, Accountants and Bankers
during the process.
Completion
Date
Once
the completion and date is set and the contracts have been signed,
and monies paid over, then this ends the sale process and the time
has arrived to book that well-earned holiday or just put your feet
up
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