Why your business plan is your most valuable tool
As a business adviser I work with owners of all sorts of companies.
One thing that a surprising number of owners have in common is that they don’t plan their business – and in particular they don’t plan for their exit.
Exit planning with multiple shareholders
When considering the future of your business, planning an exit can feel daunting, particularly when multiple shareholders are involved.
Taking the time to understand the process, potential pitfalls and how to build alignment between shareholders is vital to protecting your interests and ensuring the business continues to thrive.
Does your future depend on achieving the right exit?
At some point, every business owner will move on. Whether that’s retirement, a new venture or simply stepping back, the outcome depends on how well you’ve planned.
Before you get there, it helps to understand what kind of business owner you are and how that shapes your approach to exit planning.
The most important adviser you didn’t know you needed
Every business owner recognises the need for help with tax and finance, so they have an accountant. Likewise with legal and contractual matters a solicitor is a key adviser. But what about exit planning?
Starting, growing and running your business are key stages of a business owner’s journey. Yet the final stage of ‘exit’ gets little thought until the time to stop comes about.
Stop pestering me – I’m not ready to sell
How often have you received a letter or email from a company telling you they can help you to sell your business?
Perhaps it offered you a place at a seminar or a ‘free consultation’ with an expert in valuing your company. Where did the approach go?
End of year reflections: where is your business taking you?
Why should December be any different from any other time of year for contemplating your future as a business owner?
In one sense, it isn’t, reflection and planning are always valuable. But the end of the year brings unique prompts to assess what’s next for you and your business.
The perfect exit strategy
What is perfection to you? An elusive goal that serves as something to strive for or an impossible level that becomes self-defeating if you strive for it?
I was struck by a piece published in The Times this year entitled ‘There’s no such thing as a perfect exit strategy’. It was written by Helen Pattinson, who with her husband co-founded Montezuma’s Chocolates.
Guiding your business exit journey from start to finish
At Henchards, we understand that each client’s journey is unique and our approach to exit planning follows a proven framework designed to deliver results whatever your situation.
Whether you’re considering selling your business, stepping back from day-to-day operations, or planning for growth to build value for the future, our process is designed to support you at every stage.
Getting to know Henchards: Who we are and what we do
At Henchards, we pride ourselves on offering specialised exit planning services tailored to meet the unique needs of business owners.
This article answers key questions to help you understand who we are, what we do, and how we can support your journey toward a successful business exit.
Five Frequently asked Exit Planning questions (with answers!)
Initial exit planning conversations often reveal a number of concerns and areas where business owners are not sure what to do.
If you’ve never sold a business before nor taken professional advice these are understandable. The good news is that most are easily explained.
Downloads
We’ve written a number of guides on selected business subjects that will set you and your business in good stead for whatever future you may choose.
These are free for you to download and to make use of in your business, so please help yourself.











