John Murray MD of Hibernia Corporate Finance was our guest speaker
The Highlights were:
- What business buyers are looking for.
- How does the market value a business?
- Valuation mistakes to be avoided.
- Actions to maximise exit value.
Actions to Maximise Selling Price
- Groom competent staff (Businesses which ARE the owner are extremely difficult to sell.)
- Implement scalable processes
- Address key man issues
- Maintain good financial records (Minimum of three years)