Author Archives for Chris Spratling

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Deciphering “Cash-Free, Debt-Free, Less Normalised Working Capital” in Business Sale Offers

September 25, 2024 12:00 am Published by Comments Off on Deciphering “Cash-Free, Debt-Free, Less Normalised Working Capital” in Business Sale Offers

When you receive an offer to sell your business, the terms can include complex financial jargon that requires careful consideration. One such term is “Cash-Free, Debt-Free, Less Normalised Working Capital.” Understanding the implications of this provision is crucial for sellers,... Read more


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Elevating Your Business Value: 7 steps to improve normalised working capital before selling

September 18, 2024 12:00 am Published by Comments Off on Elevating Your Business Value: 7 steps to improve normalised working capital before selling

Optimising normalised working capital is a strategic move for business owners looking to enhance the attractiveness of their company in the eyes of potential buyers. As a critical factor in business valuation, a favourable normalised working capital position can contribute... Read more


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Mastering Normalised Working Capital: A critical element in business sale calculations

September 11, 2024 12:00 am Published by Comments Off on Mastering Normalised Working Capital: A critical element in business sale calculations

Normalised working capital is a key financial metric in the sale of a business, representing the operational liquidity required to maintain day-to-day operations. Calculating normalised working capital is crucial for both sellers and buyers as it ensures a fair representation... Read more


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Navigating the S&P Agreement: What sellers can expect in the sale and purchase agreement

September 4, 2024 12:00 am Published by Comments Off on Navigating the S&P Agreement: What sellers can expect in the sale and purchase agreement

The Sale and Purchase Agreement (S&P Agreement) is a cornerstone document in the sale of a business. It outlines the terms and conditions governing the transaction, protecting the interests of both the seller and the buyer. For sellers, understanding the... Read more


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Safeguarding Success: The importance of a thorough legal audit before selling your business

August 28, 2024 12:00 am Published by Comments Off on Safeguarding Success: The importance of a thorough legal audit before selling your business

When preparing to sell your business, ensuring a seamless and successful transaction involves more than just financial assessments. A comprehensive legal audit plays a pivotal role in safeguarding the interests of both the seller and the buyer. I therefore wanted... Read more


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Decoding Deal Structures: A comprehensive guide to choosing the right approach when selling your business

August 21, 2024 12:00 am Published by Comments Off on Decoding Deal Structures: A comprehensive guide to choosing the right approach when selling your business

The sale of a business involves more than just agreeing on a purchase price. The deal structure, or the way in which the transaction is structured, is a critical element that can significantly impact both the seller’s and the buyer’s... Read more


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Crafting Success: Building the ideal deal team for your business sale

August 14, 2024 12:00 am Published by Comments Off on Crafting Success: Building the ideal deal team for your business sale

Selling a business is a complex and multifaceted process that requires expertise across various disciplines. Building the right deal team is crucial for navigating the intricacies of a business sale and maximising the value of your hard-earned enterprise. Sadly that,,... Read more


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Navigating Buyer Apprehensions: Understanding the 7 common fears when acquiring a business

August 7, 2024 12:00 am Published by Comments Off on Navigating Buyer Apprehensions: Understanding the 7 common fears when acquiring a business

The process of buying a business is inherently complex, involving various risks and uncertainties. As a seller, understanding the fears that potential buyers may have is crucial for fostering transparency and addressing concerns proactively. Over the years I’d like to... Read more


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Strategic Negotiations: Avoiding undervaluation and maximising returns when selling your business

July 31, 2024 12:00 am Published by Comments Off on Strategic Negotiations: Avoiding undervaluation and maximising returns when selling your business

Selling a business is a significant undertaking that involves complex negotiations and strategic decision-making. One common concern for business owners is the fear of leaving money on the table, meaning they want to ensure they get the maximum value for... Read more