Beware Tony Tyre Kicker: The buyers to avoid when selling your business

Beware Tony Tyre Kicker: The buyers to avoid when selling your business

clock • 6 min read

Selling your business can be a daunting process and there are plenty of obstacles that can trip you up on the way. Stephen Hagues explains which buyers to give a wide berth...

Two of the most common mistakes made by firms when selling their firm are not having a large enough pool of buyers or the right quality of buyers. There are some shady characters out there that only serve to either fleece you or waste your time and energy. We have identified four unsavoury types of buyer characters, who need to be kicked out of the potential buyer pool, or handled in the right way. Your time and energy is at a premium here. The sale, if it happens at all, with these buyers will not work out as a positive for you, as you will not get what your business is worth. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PFS Festival of Financial Planning returns for 2026

PFS Festival of Financial Planning returns for 2026

To take place on 18-19 November at NEC Birmingham

Sophia Panayi
clock 08 September 2026 • 1 min read
Blevins Franks launches cross-border referral service for UK advisers

Blevins Franks launches cross-border referral service for UK advisers

For UK advisers with clients in Europe

Sophia Panayi
clock 08 September 2026 • 2 min read
Almost six in ten advisers open to simplified advice

Almost six in ten advisers open to simplified advice

Vanguard survey finds

Jen Frost
clock 07 September 2026 • 2 min read