Are you considering an Exit from your business in the next 5 Years? If you are, there will be so many questions to consider…
What valuation can you expect to get? How can you maximise the valuation? How might this conflict with securing the long term legacy of your loyal team? How quickly can you exit? Will you need to provide support to the acquiring business?
On Wednesday 17th January, we’ll be offering a free, no obligation, confidential 5 Year Exit Planning 1-2-1 workshop to review your plans with an experienced Virtual Finance Director (VFD), James Shand Bsc FCA CF.
Each meeting is expected to be approximately 1½ hours and held at Hampden House. It will provide a thorough introduction to this crucial part of your business journey. Your personalised Exit Planning Workshop will utilise part of a new diagnostic - Exit ReadiMap TM (see below for details).
About James Shand
James is a qualified Chartered Accountant with 27 years of commercial experience, who has worked with entrepreneurial SME owners and managers as Finance Director over 20 years, enabling them to achieve successful growth. He has strong experience as Finance Director of an acquisitive Private Equity backed company, Test Valley Water Plc and also public company experience when he was Finance Director of the AIM listed company Screen Plc.
James now operates as a Virtual Finance Director, providing part time FD services to ambitious SME owner managers. He’s enjoyed being part of over 20 successful deals (including 2 MBOs) and has helped clients raise over £30m of funding. In February 2008 James was awarded the Corporate Finance Qualification by the ICAEW in recognition of his achievements in negotiating and completing deals.
In 2003 James started his own portfolio FD career and in 2004 he established vfdnet, a network of experienced Virtual Finance Directors (VFDs) and Virtual Financial Controllers (VFCs), operating in the midlands, southern England and the North West. vfdnet associates have extensive experience of preparing business plans and fundraising, and love joining management teams by providing financial leadership to help them achieve their goals. vfdnet associates have wide ranging business backgrounds covering almost all business sectors. James also acts as a VFD Mentor to develop aspiring FDs into fully rounded VFDs.
Track Record - Recent Business Sales
In the last 2 years James has helped complete two business sales, one for £2.4m and the other £4.2m and although the Due Diligence (DD) process was harrowing at times, in both situations it was very pleasing that after the 3 months detailed defensive work of the client business, the DD came back ‘clean’ and therefore the business owner realised his valuation, even though both buyers were ‘sharp’ (a PE fund and a quoted Plc., using BDO and GT respectively).
Exit ReadiMap TM
As a result of my and other vfdnet Associates experience in both acquiring businesses, and preparing businesses for sale, we have now developed a comprehensive review called Exit ReadiMap which is built using our ProgMap ® technology, whereby focussed questions are turned into a Radar diagram, so giving a picture of:
To book your place, email firstname.lastname@example.org or call us on 01865 893300
To find out more about the work of VFDnet click here