PROJECT MANAGING THE SALE OF OUR CLIENTS BUSINESS……WHAT DID WE LEARN??
/We recently project managed the successful sale of a client’s business.
The process from initial discussions to settlement was over a period of approximately 9 months.
What did we learn during this process???
We learned that OPEN LINES OF COMMUNICATION IS EVERYTHING!
With such a transaction, the following technical ramifications/matters must be considered (at a minimum):
Financial
Legal
Accounting
Tax
Additionally, the client’s emotions are involved as they are selling a business often they have spent their lifetime building. And whilst the sale is proceeding, they are still running the business so still very much involved/attached.
Communication, commercial perspective, respect and hard work supports positive outcomes.
We can assist with maximising business value in preparation of a business sale and offer our full support.
Contact our office on 03 8539 2600 if you wish to discuss an opportunity that has presented or if you are considering selling your business.