Exit Readiness

While you are building your business, once in a while you probably think about a future for yourself, beyond the business.

In the year or so before a possible exit, you need to start to think about the internal workings of your business to make sure that:

• your key business relationships are properly documented and commercially transparent;
• any problems or disputes, with say customers, suppliers or employees, have been resolved;
• your corporate documents such as Articles, Shareholders Agreement and Statutory Books are up to date and fit for purpose;
• your decision-making processes are clear and robust;
• your corporate governance has been properly organized and documented;
• there are no hidden liabilities or problems within the business which could affect a valuation of the company.

 
We can do a quick legal audit of the business, set some priorities, and work to ensure a smooth transaction at a good value, rather than a chaotic, time-consuming deal, at a lower valuation.