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Selling Your Business: Strategies and Considerations with Gary Morley

Podcasts

Selling Your Business: Strategies and Considerations with Gary Morley

By , May 19, 2023
gary morely

Join us as we explore the world of selling businesses with seasoned Chartered Accountant, Gary Morley. He is also the author of the book, ‘How to Sell Your Business and Live Happily Ever After’ which is in its sixth edition.

In this insightful interview, Gary shares his expertise in planning, the selling process, and concluding a deal. Gain valuable insights and answers to key questions for business owners considering selling their ventures.

Discover the importance of having a contingency plan and seeking guidance early in the selling process. Understand the financial aspects, including the potential value of your business and how non-business expenses can impact buyer interest.

Explore crucial considerations, such as managing relationships, career transitions, relocation, and even rebranding. Learn from common mistakes, including inadequate family planning and succession.

Dive into the option of a Management Buyout (MBO) and its benefits and drawbacks. Understand the significance of maintaining confidentiality during the selling process and practical tips for doing so.

When it comes to concluding a deal, gain insights into determining the value of your business and the importance of written agreements. Discover valuable advice on tax planning and the implications of Entrepreneurs Relief.

For more on this topic and perspective, check out this episode on Succession Plus Youtube Channel and Exit Insights on Spotify.

 

 View gary’s Linkedin Profile

Darryl Bates-Brownsword

Darryl Bates-Brownsword

CEO | Succession Plus UK

Darryl is a dynamic, driven Business Mentor and Coach with over 20 years of experience and passion for creating successful outcomes for founder-led businesses. He is a great connector, team builder, problem solver, and inspirer – showing the way through complexity to simplicity.

He has built 2 international multi-million turnover businesses; one now operating in 16 countries. His quick and analytical approach cuts through to the core issues quickly and identifying the context. He challenges the status quo and gets consistent, repeatable and reliable business results.

Originating in Australia, Darryl’s first career was as an Engineer in the Power Industry. Building businesses bought him to the UK in 2003 where he quickly developed a reputation for combining systems thinking with great creativity to get results in challenging situations.

A keen competitive cyclist, he also has a B Eng (Mech) Engineering and an MBA.