Technology may be at the heart of your business, but most acquirers will be at least as interested in your customers as your technology (unless of course it is nascent technology). A good mix and spread of customers will naturally be more attractive than having...
Continue readingIs 2020 the Year for Your First Acquisition? When we are initially asked to look at acquisitions for a client, we spend the first few hours exploring why they shouldn’t! This may well employ a version of the ‘5 whys’ – an established methodology to...
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An acquirer is buying the future, so it is important to articulate a credible road map for the business. A good question to ask yourself is how would you spend a £1m+ investment in the business? If you are unable to come up with a...
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Many buyers see the acquisition of smaller businesses as potentially more hassle than for larger ones and therefore it is important to establish the credibility of the business at an early stage. Buyers are generally cautious, especially when reviewing the acquisition of owner-managed businesses. Establishing...
Continue readingFirstly, season’s greetings from all at Prism Corporate Broking! 2019 has been a year when despite everything that politics and “uncertainty” could throw at it, the Tech sector has remained remarkably resilient. In truth the opportunities are enormous, and Brexit or Remain, the impacts of...
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A tidy business contributes hugely to an effective sale and there are plenty of things to consider and implement to ensure your sale process goes smoothly from the very beginning. It’s mostly in the preparation – we all know the ‘6 Ps’ rule (perfect preparation...
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First impressions count. The first thing potential acquirers will do is take to the Internet and study your website. Ensure the content is up to date and has suitably contemporary news and customer testimonials… You might also want to adapt the website to project the...
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Basic but so essential, is the ability to describe your business succinctly to a potential investor or anyone for that matter? This is the classic ‘elevator pitch’ – it needs to be concise, brief and gain the interest of people so they become more inquisitive....
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The Prism team had a successful day at the Brigantia Annual Partner Day yesterday at the iconic London’s Living Room located at the top floor of the new City Hall, London. Prism sponsored the annual get together, it was a day of sharing knowledge and...
Continue readingSelling Start Ups Just how quickly can you sell a start up? Within a couple of years if you take the example of Freeup’s recent acquisition by Greensill, a subsidiary of Softbank. Established in 2018 to provide an ethical alternative to pay day loans, the...
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