Business transactions

Businesses can benefit from developing a business plan. By taking the time to set objectives and develop strategies to achieve them, the opportunities for success are greatly enhanced.

Having assisted you in formulating your plan, we can review this with you periodically in the light of the business’s actual performance, ensuring that it remains an effective business tool.

Dendy Neville can also help with the preparation of cash flow projections, budgeting and business projections as and when required. This can include financial modelling to see how a business plan might ‘play out’ over time, and how it is impacted by changes in important variables.

We will help you to interpret the results and make recommendations which could improve your business.

Please contact us for more information.

Having in place an effective succession plan will help to ensure that the transfer of your business goes as smoothly as possible, and that you manage the associated tax liabilities and therefore maximise your financial gains.

A good succession plan will ensure that control of the business is transferred according to your wishes, while also providing ongoing financial security for you and your family.

From investing in the right people, to implementing your plans, Dendy Neville can help. Contact us for advice on your succession plan.

Planning for your eventual retirement can easily be overlooked, especially if you are concerned with the day to day running of a business. Yet with careful and timely planning you will be able to make the most of the options available.

We can assist with the following:

• Considering tax-efficient disposal options
• Devising an exit strategy with you
• Planning for Management buy-outs
• Pension provision

Contact us today to discuss how we can help you plan effectively for your retirement.

We have assisted a wide range of business owners in buying and selling businesses.

This is a complex area, and we can provide support with:

• Helping to plan towards the transaction and supporting you in discussions with the other party and with financial institutions
• Determining the best structure for the acquisition/disposal
• Helping you to understand the various terminology and completion structures, including ‘Completion Accounts’, ‘Locked Box’, ‘Enterprise Value’, ‘Net Debt adjustments’ etc
• Working alongside corporate finance advisers and banks
• Working closely with legal advisers to ensure that the legal documentation accurately reflects the deal you expect
• Providing due diligence on the target (or support where the business itself is being reviewed) and ensuring that you and your legal team understand the points being raised
• Modelling the effect of any acquisition on your business

Transactions may fail for a wide range of reasons. It is therefore important that professional advisers work as a team to manage the process and resolve issues as they arise.

The entire process can be expensive and traumatic for both parties and good advisers will invariably spot critical issues (“deal breakers”) at an early stage. This enables the parties to renegotiate or terminate the transaction, thus saving wasted management time and unnecessary legal and advisory costs.

We have a range of contacts that can assist in bringing a potential transaction to a successful conclusion. If you need advice or would like to discuss how we might assist you, please do not hesitate to contact us.

We can help you to put together an attractive remuneration package for you and your employees. We can advise you on issues such as:

• Commission and performance related incentives
• Tax-efficient benefits packages
• Bonuses, salary sacrifice and pensions
• Attractive staff retirement plans
• Share schemes and share ownership including EMI.

For more information please contact us.