For nearly everyone, 2020 has already proven deeply unpredictable. While many business owners may have thought that stability had come at last after years of Brexit-wrangling, those planning a sale barely had time to start the process before Coronavirus brought even greater uncertainty.
If you were planning to sell, but now find yourself in a battle for survival, what should you do? Here, we’ll take you through how you can navigate the current crisis and the subsequent recession and emerge from coronavirus stronger, with a better valuation and in an even stronger position to sell.
Gaining an advantage
Currently, large numbers of business owners are in a very difficult situation. As we previously outlined, many operators across the services, leisure and hospitality sectors have been forced into an extended period of closure and have either had to furlough staff through the Coronavirus Job Retention Scheme or let them go. But it doesn’t end there, as businesses across all industries have been impacted to some extent.Keys to survival
So, with survival the crucial thing at the moment, how can you achieve this in the current climate? For a more in-depth exploration of this topic, read our insight on restructuring your business, but here are a few quick pointers that you get to work on immediately.Focusing on your sale
With emerging from the COVID-19 crisis as a viable business ready to sell to the highest bidder as your ultimate goal, here are some of the areas to focus on now, to ensure you’re in the best position possible.Leading provider of traffic management and car parking solutions including valet parking car park management and enforcement traffic management consultancy cash and audit services and counter-terrorism systems. Serving static venues and mobile and gr...
Based in the North of England, Delta has a history stretching back 100+ years. It operates from 85,000 sq. ft leasehold premises housing office and fabrication facilities. Proposals need to be issued by no later than 5pm (GMT) on 27 May 2022 wit...
LEASEHOLD
This well-established company has a significant presence and an enviable reputation in this niche market. The company is privately owned and independent, acting as a distributor for many leading brands and manufacturers, in addition to own range of p...
LEASEHOLD
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