by Henchards - Building Business Wealth | Nov 21, 2023 | news
One reason for considering an exit is that your business has plateaued. You may have had a good run building up the business, perhaps over many years, but have now hit a ceiling. It’s a frustrating place to be – what worked in the past no longer seems to give the same...
by Henchards - Building Business Wealth | Nov 1, 2023 | news
When you start a business the excitement and optimism often overshadow the need to plan for a potential exit. When a company has multiple shareholders, agreeing on an exit strategy becomes more complex because of individual ambitions and shareholders’ expectations...
by jollyit | Oct 19, 2023 | news
The presence of multiple owners can make exit planning a more complex and tricky process than with a single or majority shareholder. In principle the same steps are required – understanding the shareholders’ personal requirements; determining what the business needs...
by jollyit | Sep 14, 2023 | news
This month marked 11 and a half years of hosting the Henchards business lunch. No big deal in terms of landmark ‘anniversaries’ but nonetheless a notable event. The reason – yet another reinforcement of the power of association. Henchards has never been a business...
by jollyit | Jul 20, 2023 | news
One of the often-mentioned words in exit planning is ‘legacy’. If you have owned and built a business over many years understandably you may feel the desire to leave a mark after your tenure of that business has come to an end. So how can a legacy be incorporated into...
by Henchards - Building Business Wealth | Jun 28, 2023 | news
You put in place an exit plan because you want to sell your business – hopefully for an attractive price that sets you up for what you want to do next in life. At least, that’s one scenario. If that is your objective then a good exit plan will help you prepare the...