hi I'm Zack Dogar, I'm a business broker
with over 25 years experience in selling
businesses and today I want to discuss
how a No Deal brexit will affect your
business sale. Now first of all I just
want to establish what a No Deal Brexit
is and what it actually means. This
particular scenario will involve us
coming out of all of the present
arrangements that we have with the EU
including things like food items of
movement of people security travel
without any arrangements in place and
they will have to be negotiated
separately in the future. Now how will
this affect the price of your business
now since the referendum I've
noticed that there's been a slight
reduction in a value of businesses.
However this has been countered by a
slightly slower economy which has meant
that acquirers are actually looking to
buy businesses to grow them to increase
their turnover and profits so this is
meant that there's quite a buoyant
market and it's likely to continue
during the No Deal process. The other
thing to bear in mind is that during an
No Deal Brexit your profitability is
likely to go down but this will not show
on your finances until up to 12 to 18
months time so if you are looking to
sell and if in in a lot of scenarios you
are looking to or the bad day the
acquirers looking to keep you on for up
to 3 years now is the time to place the
business on the market. Thank you for
your time and if you want some further
information or you would like a free
consultation with me please see the link
below.
https://www.ets-corporate.com/free-business-valuation
