19/05/2025
Insights
There are often limitations to business ownership, and sometimes selling to another individual or entity is the best way to allow it to grow further. We understand that parting ways with a company to enable it to thrive can be a difficult decision, but it could help you maximise its value and make the largest possible return on investment (ROI).
Our guide looks at the most important considerations to make during this journey, ensuring you sell at the right time and to the right person. Continue reading to learn more.
How do I know when I should sell my business to let it grow further?
There are several tell-tale signs that it might be time to sell your business, so someone else can take it forward. Here are some of the main ones:
- Capital constraints – Significant investment is needed for expansion
- Lack of resources or expertise – You have identified opportunities, but do not have the skillset to access them
- Competitive pressure – You are losing out to larger firms, and understand that selling to or merging with another entity could help you compete effectively
- Personal capacity limitations – As the owner, you feel as though you do not have the energy or vision to take the enterprise any further
Can I retain shares when I sell my business?
You can. Becoming a minority shareholder and giving operational responsibility to someone with a clear vision on how to take the company forward can mean you continue to have some involvement in the company and could make even more money when it sells again in the future.
How do I choose the right person to sell my business to?
The perfect person to succeed your ownership should align with your vision for growth, be a cultural fit, possess vast industry experience and have a long-term commitment to developing your business.
We can help you find a suitable buyer when you sell a business with us, taking the time to shortlist all the prospective owners that meet your requirements.
Sell your company and allow it to grow further
Instruct us to sell your company today, and we will help you search for the perfect person to take your firm to new heights. Our 75 years of experience mean we can structure the deal in a way that truly works for you. Call 0113 340 9840 or use the form below to get started.
Get in touch with Eddisons
Please contact us for more details and information