Advisory and corporate finance
As the due diligence planning starts off, buyers will typically scope out financial and tax, legal teams and commercial due diligence but rarely is tech included, despite the potential significance tech can have on any deal. Similarly post-acquisition plans rarely anticipate IT work streams beyond replacing the systems of one company with another. This ‘black … Continue reading Does Your Due Diligence Include Tech?
Despite current economic turmoil, tech companies are still highly sought after by many buyers across trade, venture capitalist and private equity and as a result many businesses will highlight their tech credentials to potential buyers. However, very few companies make sure that their IT capabilities are prepared for due diligence and can withstand rigorous analysis. … Continue reading Selling Your Tech Capabilities
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