News last week that the Royal Mail has seen its profits jump by 147% from £94m for the six months to the end of September 2012 to £233m for the six months ending September 2013, has led to renewed speculation that the public listing was made at an undervalue.
If you are thinking of selling your business beware of selling yourself short like the Royal Mail. One of the most important things you need to do in order to prevent this happening is to ensure your “house is in order” and the business is in a healthy state from a risk and legal perspective as well as financially.
You need financial advisers to fix the price but you need a lawyer who specialises in merger and acquisition transactions day in and day to advise you of the potential pitfalls, and help you avoid issues that may put the transaction at risk.
We advise and support many businesses arranging their affairs in readiness for a sale, or which need guidance through the transaction itself. If you are thinking off selling give us a ring today on 01206 835230 or email us at [email protected].