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Professional services companies can rely on us for guidance and strategic insight

How to sell a business in the professional services sector

Our experienced business sales professionals have the insight and knowledge required to broker the successful and profitable sale of your professional services company.

Professional services firms such as recruitment agencies, law firms, accountants, insurance firms, design agencies and marketing consultancies are an integral part of our skilled UK economy. However the successful sales of these can be both complex and challenging.

Traditionally professional services firms have been sold or handed on to family members or to senior employees after the departure of the current owner. However recently there has been a shift change that has seen more professional services businesses being sold directly to third parties or being acquired by outside companies as part of strategic M&A policies.

Selling My Business has over 30 years’ experience and has raised more than £50 million in business sales. As such our experienced and knowledgeable business sales brokers are able to expertly prepare, position and market your professional services company to achieve an optimal sale result. We understand the intricacies of the different sectors within the professional services industry and utilise these to support the successful realisation of your sale.

Get a business valuation or contact Selling My Business to find out more about how we can help to sell your professional service business.

Why Use Selling My Business To Sell Your Professional Services Company

Selling My Business understands the complex nature of business sales, especially in the professional services sector, and we are committed to providing you with expert advice and support throughout the sale of your business. Our complete business sales solution includes:

  • Valuing Your Business

We will fully assess both your business and the overall market place to set a valuation that represents both the hard work that you have put into your business, and offers an attractive proposition to prospective buyers.

  • Finding The Right Buyer

Utilising our network of industry contacts and trusted marketing channels we will connect you with a number of pre-approved potential buyers.

  • Preparing Your Business For Sale

Ensuring that a business is fully prepared for sale will not only increase its value and make it more attractive to potential buyers, but will also ensure a smoother and more efficient sale process.

  • Discreetly Handling Negotiations

Many business sales require high levels of discretion therefore will we ensure that potential purchasers sign Non-Disclosure Agreements where necessary and that negotiations are handled under strict confidentiality clauses.

  • Due Diligence

The thorough preparation for, and management of, the due diligence process is paramount to the success of any professional services business sale. We are able to confidently lead you through the due diligence process to ensure it is both efficiently and proficiently conducted.

  • Preparation of Sale Documentation

Business sale papers are often complex legal documents. We will ensure that all paperwork is meticulously prepared to ensure full legal compliance alongside a smooth and efficient sales process.

  • Tax Efficiency

A correctly prepared and managed business sale should provide a high level of profitability for the departing owner. We will ensure that your sale is handled in the most tax efficient manner possible whilst maintaining legal compliance and if necessary future income protection.

Why Sell Your Professional Services Business?

The professional services industry currently represents 15% of UK GDP, 14% of employment and 14% of exports, and has been consistently exhibiting strong growth. In 2016 revenue growth stood at an impressive 9% with a corresponding headcount growth of 6.5% as firms continued to recruit strongly to keep up with demand. Professional services companies are a vital part of the UK economy and there is an increasing trend in larger firms bolstering their position through aggressive merger and acquisitions strategies.

When taking these figures into account, it supports our view that the current market for the sales of professional services firms is strong and therefore savvy business owners should seriously consider cashing in their business. You may be looking to fund a well-deserved retirement, or release some capital to explore your next big venture. Or alternatively you may feel that you have given all that you can to your business and it’s time to move on and let someone else take the reins.

Whatever the reason for selling your professional services business we strongly believe that the expert advice of an experienced business sales broker will allow you to realise the full value of your business. The business sales professionals at Selling My Business can advise you on the steps that you will need to take to correctly position your business for sale and how to make it as attractive as possible to potential buyers. We will then manage the complete sales process to ensure an efficient sale resulting in maximised profit.

For more information or advice about selling your professional services business contact Selling My Business today.

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