HHMC Global connected with Aspect Legal’s The Deal Room Podcast with Joanna Oakey. Richard Hayward of HHMC Global joins the interview where he talks about how to make your business more valuable for sale with the key tips from mergers and acquisitions.
He provides tips to make the business better at the time of sale. The five key things to focus on:
- Repeatable and predictable income streams
- Right number of staff
- A niche that underpins your credibility
- Good spread of clients
- Having the right engagement model
In today’s scenario, even though a business can be making a reasonable profit it might be less attractive to the buyer because of the issue of risk and the lack of sustainability.
So know where your business stands right now on the roadmap, take actions and make efforts to take it to a sustainable point where it is an attractive sale proposition.
Podcast: Learn today, earn tomorrow
Aspect Legal is a boutique legal practice providing high-quality proactive legal support. It is based in Sydney and has a special focus on assisting with buy/sell transactions.
Thinking about the value or sale of your recruitment business? HHMC’s valuation and transaction services are delivered with Exit Advisory Group. Start with an independent view of what your business is worth. Explore business valuations
