Advisory and corporate finance
For scaling businesses IT can be one of the most frustrating aspects of the business, especially if tech development is not a core discipline. We’ve seen countless occasions where the leadership team cannot understand why their development does not seem to get out of the blocks and build traction. And the warning sign is just … Continue reading Has Your Tech Development Stalled?
ESG is an acronym used to consider matters affecting the relationship between a business and its stakeholders covering environmental concerns, social impact and governance. While the number of B Corp businesses (meeting certified high standards of social and environmental performance, transparency and accountability) is increasing, a wide reading of the press demonstrates that some regard … Continue reading ESG in Value Creation
If you are considering selling your business, here are seven things to consider: 1. Not planning is the first mistake. “Nothing comes from nothing”: It’s common sense. Sure, we’ve helped businesses that had not planned, but we can count on one hand the number who achieved a decent sale as a result. 2. Planning to … Continue reading Exit Hacks – 7 Exit Pitfalls to Avoid
Value creation is an integrated approach to optimising shareholder value. Value creation is based on developing and applying value drivers (sometimes called ‘value builders’) that help articulate commercial development and also support higher transaction values. By not drawing on the experience of best practices successfully applied by other businesses, founders can risk leaving money on … Continue reading Time to focus on value creation
Preparation for selling a business will obviously need to take into account four considerations, namely Ultimately your adviser should be able to help you to make the most of your given circumstances, rather than merely being driven by circumstance and happenstance. For example, we have helped clients by accelerating succession planning, reinvigorating growth and strategic … Continue reading How long do you need to sell your business?
In the absence of a clear guide, many founders and their boards will chart a steady and linear progression in value, supported by revenue or profit growth, starting at the implied valuation of the initial investment and heading towards a target valuation with valuation reference points to validate this approach. In determining the target value … Continue reading How do you drive value when fundraising?
Business valuations are typically assessed by using one or more of the following approaches as follows: Selection will depend on the sector and the first two are the most common for businesses trading as a going concern; discounted cash flows will more frequently be applied for more mature businesses, which can be relevant for businesses … Continue reading How do you drive value when selling your business?
Research and Development (R&D) tax relief has been part of the tax landscape since its introduction in 2000. The rules are not particularly intuitive so the regime is regarded by some as complex. Further changes announced in the Autumn Statement 2022 mean there is an increased potential to trip up going forward. Here is our … Continue reading Don’t get caught out by changes to the R&D tax regime
“Only 0.05% of startups raise venture capital” (Entrepreneur). The market is notoriously difficult for start ups but can be equally challenging for scaling and venture stage businesses. The risks of getting it wrong are not just that you don’t raise enough funds but also include giving away too much equity, incurring high investor costs or … Continue reading Considerations for Scale-ups when raising funds
For high growth businesses looking for investment, venture capital schemes such as SEIS and EIS are attractive options as they give investors tax reliefs on income tax, capital gains tax and inheritance tax to offset the risk of their investment in the year of investment or as if the investment had been made in the … Continue reading SEIS and EIS Pitfalls