Q: What is the best way to sell or acquire a business?
The most important piece of advice for any adviser considering leaving the industry, or acquiring a business, is to give yourself time.
Two to three years is the very minimum you need, from setting the wheels in motion to actually exiting the industry. Similarly, acquiring a business is not an impulse buy: making the right choices needs plenty of consideration and due diligence.
SimplyBiz Group PLC (LON:SBIZ) provides compliance support and business consultancy services to financial services, legal and workplace benefits professionals in the United Kingdom.