Selling up? Six things to bear in mind

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Thinking about selling your business? Charlotte Richards finds out all you need to know from experts who have bought and sold firms in the past.

With RDR less then 12 months away, some advisers will have already made the decision to exit the industry rather than meet the new requirements. But how can you ensure you get the best value for your advisory business and leave your clients in safe hands? 1 Do your homework Rob Stevenson, director of business consultancy firm Kingmakers Group, recommends doing your homework. “Put yourself in the purchaser’s shoes and get as much information as you can about what factors are affecting their decision,” he says. “The more information you get, the easier the process of selling will be.” ...

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