New Year, New Goals

Insights by Peter Watson.

Happy New Year!

Hopefully you got some time to reflect on your business and achievements over the festive period. At the start of a new year it is very easy to just slip back into familiar ways – thereby forgoing an opportunity to re-assess your goals, both business and personal.

Consider where would you like your business to be in 1, or 2 or even 5 years’ time. Should it be continuing down the same path it is today? Are there improvements that could be made to make it better and increase its value? Or, perhaps you believe it could have a stronger future potential under different ownership.

And for yourself, what would you like to be doing in 1-5 years? Would you be happy still doing the same thing as you are today? Is there a new project that you’d prefer to focus on? If retirement is looming, have you considered reducing your hours to ease that transition?

Habits are incredibly powerful – in a good or bad way – so you may need to modify these if you want a different outcome.

If selling your business is on your agenda, how are you going to help bring this about? I can suggest that a conversation with one of our directors of Corporate Finance would be a good place to start! We can help provide clarity and possibly ease your own decision making. Just book a confidential and no obligation 1-to-1 Chat with us to explore the next steps on your M&A journey.

If you are close to deciding that you would like to sell your business, then please do join our live webinar next month to find out how you can try to prevent the sale from becoming an M&A disaster. We will deliver valuable insight and real stories from our 20+ years of experience, which will help you reduce the chance of something going wrong during the sale process.