Business Planning for your Aspray Franchise, Resales
When planning your business it is important to work out your exit strategy, Julie Taylor who worked with James some years ago at RE/MAX explains the services offered by www.franchiseresales.co.uk
Planning to Sell your Franchise
A wise man once said that the only purpose in starting a business is to eventually sell it for a profit.
Any potential purchaser for your business will however require a whole range of information about the business before they are in a position to discuss price with you. This information should be provided in a Prospectus of Sale and should include:
A description of the franchise, what it does and how it works
- Potted history of your business
- The sales history and adjusted profit history
- Details of any property
- Details of any staff
- Details of any equipment
- Copies of 3 years accounts and up to date management accounts
- A realistic asking price
The entire process can be stressful most people only buy and sell a franchise once. Franchise Resales have been appointed by Aspray to produce your prospectus and manage the resale process with you and to take some of the day to day hassle away whilst you focus on the continued growth of your business during the resale process.
If you are considering a sale within the next two years or so speak to your Franchise Resales Account Manager Julie Taylor on 01522 246 811 or email julieT@franchiseresales.co.uk for further details and a confidential initial discussion. It is never too early to start to plan for your future.
