Franchise M&A advisor part two
In my last post I outlined five aspects of credibility that you should determine when finding a franchise M&A advisor. Below are five more points that continue the theme. To read the last entry visit that outline points 1 to 5 go visit - http://www.selectyourfranchise.com/franchise-blog/2009/09/franchise-ma-advisor/.
It is vital that the franchise Merger and Acquisition specialist you choose can help you to find out:
David Young, Chief Executive of Shield Corporate Finance
6. Who are the likely buyers for my franchise business, and why?
7. What is the likely value range for my franchise company; what’s your approach to putting a price tag on it, and how will I know that I’m getting the best price and terms for my business if I choose your M&A advisory firm to sell it?
8. Do you have any client reference letters and will we be able to speak to referees?
9. How do your fees work?
Up-front payments?
Monthly fees?
Minimum cash at close?
Expenses?
How long is the “tail” on the agreement?
10. What can your M&A advisory firm do in advance of a franchise business sale to help us improve our ultimate transaction value?
Shield offer their own Business Improvement Programme and sell businesses with operating profits of £500k. Free valuations are offered to qualifying franchise businesses, in any sector, anywhere in the world.
Tags: David Young, Franchise advisor, franchise sales, M&A, merger and acquisition
