Selling Up

Operating any type of business offers the potential of earning a good income, being your own boss and fulfilling your life’s aspirations and ambitions. However, for many, the real value of the business is realised only when you are ready to sell up. Planning your exit strategy is key to ensuring you achieve the best price possible and that your buyer recognises the value in procuring your business. However like when selling a home, many fail to prepare their businesses in order to create the maximum appeal to a potential buyer. The main eight areas to consider are as follows:

• How scalable is your business?
• What is the potential to expand your business with new products?
• Is the current structure of the business sustainable without you?
• What processes and systems do you have in place?
• What levels of staffing or outsourcing do you currently have?
• Are your last three years accounts showing healthy net profits?
• Over what period of time do you have forward orders?
• How stable to your business?

However, finding the right buyer and selling your publishing business can be complicated and daunting for any business owner. This is where we can help. If you are not ready to sell but would like to put a plan of action together, our Consultancy services will be able to help. See https://56sqf.hosts.cx/consultancy/ for more information.

Depending on the size and scale of your publishing business, one or more of the following potential buyers may be interested in buying your business:

• Neighbouring publishers
• Competitor magazines
• Local newspaper groups
• Local printers
• An individual looking for a new challenge
• An investor looking for a new opportunity

The Process

With our experience and knowledge of running a large publishing business, we can help find a buyer and facilitate a sale.  Your business, goals and objectives are likely to be no different to other publishers.  We apply our vast experience in this sector to sell your business for the best possible price in the time given.

Our initial fee will help put your business in front of potential buyers using our own site as well as various methods including businesses for sale sites, social media other Mag World contacts.

Please do not worry if you want to remain anonymous in the initial process of finding suitable buyers.  We can act with absolute discretion and confidentiality so that you have peace of mind protecting your clients, suppliers and any employees.

We will negotiate the best possible price on your behalf.  Once we receive any offers we will forward them to you for your consideration.  In the meantime, we will make sure the buyer’s credentials fully stack up and they have the funds to buy your business.

Once you have accepted an offer we will draw up ahead of agreement with details of the sale structure and timescales to ensure that completion goes smoothly.  If you do not have your own solicitor to carry out the transaction we can recommend a suitable solicitor to you.

Please note we have an initial set-up and marketing fee when appointed.  Should we succeed in finding you a suitable buyer a percentage of the sale price would be applicable.

Give us a call on 01494 509399 or complete the form below and we can provide you with more information.