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Business lifecycle planning

Planning to grow or sell your business

Wren Sterling and its partners are offering bira members exclusive discounts on a range of consultancy services designed to help members grow their businesses and ensure they’re following best practice ahead of a possible sale.

How you'll benefit
There are critical planning aspects of the business lifecycle that are not considered, either through a lack of time or lack of knowledge. Nowhere is this more important than when it comes to planning for life after your business. That’s where bira and our professional partners can really help.

The services include:

  • Business protection (key person, shareholder protection, mergers and acquisitions preparation)
  • Accountancy for growth and exit
  • Business growth, sales and acquisitions consultancy
  • Legal support specifically around growth, sales and acquisitions
  • Wealth management

As every business, industry and stage of growth is different, the type of service required and the amount of time will vary greatly. However, the first meeting is always at our expense and there is no obligation to proceed afterwards. bira members are entitled to a 10% discount on all business protection and accountancy fees, with 15% available on business sale fees.

Time from planned sale

5 years – checklist items:

  • Sales forecasting
  • Wealth planning including retirement goals
  • Insurance review (business, key people)
  • Good business practice integration
  • Initial valuation

3 years – checklist items:

  • Succession planning
  • Competitor analysis to futureproof business
  • 3 year revenue plan
  • Updated valuation

1 year – checklist items:

  • Health check, including up to date accounts
  • A detailed sales pipeline
  • Staffing (are your employees going to stay after the sale etc?)
  • Draft contracts
  • Potential earnout period for you and other directors

Take the next step to start your business lifecycle planning

bira members can login to access exclusive information

If you’re already a bira member and want to take advantage of this service, simply login to view contact details for this service as well as exclusive member-only information.

If you’re not currently a bira member, but you are interested in preferential member benefits, find out more by joining us.

Alternatively, you can contact our membership team on 0800 028 0245
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