How can I increase the value of my business?

This is the question we are commonly asked, and we have held a series of seminars concerning the subject. Every business is unique. There is no magic formula which can be applied to every business, rendering it more valuable.
  • Colin Howe

    Colin Howe

    Principal

    Colin joined Hillier Hopkins in 1981 and has been a Principal since 1986. He provides broad commercial and taxation advice to business owners and their businesses.

    Contact Collin at our Milton Keynes office

    Read more

However, there are some features of businesses which, when sold, achieve a higher value than others. Most notable is that the business is not dependent upon its owner. Many businesses rely heavily on the owner for generating new business sales, technical expertise and management.

However, business values also increase where the business can demonstrate that it is in a growth phase. This would typically mean that it actively manages its product life cycles, and seeks to sell at a time when it has a growth through the life cycle rather than the decline.

Another factor we have found is important is the existence of a second tier of management. This of course persists in removing the dependency of a company from its owner. 

The above are merely tastes of the areas that need to be considered in improving the value of a business. Since each business is unique, and each business owner is also unique, the best advice we can give you is to talk to us.

Our experts will be delighted to help you, and commonly we undertake a 3 to 5 year programme to prepare a business for sale. Call us on +44(0)330 024 3200 ​to find out more.

Get in touch today

Secure payment facility for clients

Hillier Hopkins is a trading name of Hillier Hopkins LLP, which is registered as a Limited Liability Partnership in England & Wales, No. OC303707. Registered Office: Radius House, 51 Clarendon Road, Watford, Herts WD17 1HP. Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England & Wales and authorised and regulated by the Financial Conduct Authority. A list of members of the LLP is available at the above address. HH and Hi logos are trade marks belonging to Hillier Hopkins LLP. © Hillier Hopkins LLP.

The Financial Ombudsman Service is an independent public body set up to resolve individual disputes between consumers and businesses. For more information visit them at http://www.financial-ombudsman.org.uk/