The dream of self-employment with unlimited freedom to make decisions and the good feeling of then being one’s own boss still drives many committed professionals inwardly today. Zfor luck! The eye may fall on a certain company and the fire of enthusiasm is quickly kindled. At this point sicherlich Soberness is needed, because love is blind ? even when buying a company. Be your own biggest critic and question your motives. What particularly appeals to me about this company I’ve been eyeing? Is it perhaps the possible path to quick success? Or is it a specific product or the special niche of a particular industry?
Company exchanges
Equipped with versatile experience in management positions and the ever-present motivation to give everything at all times, numerous managers take the plunge into self-employment. Usually, this path begins with a searching look at the available company exchanges. Here, for example, would be the German Enterprise Exchange (DUB for short) or the initiative of the Ministry for Economic Affairs and Energy nexxt-change to name. A first impression is quickly created that there are a large number of companies that are already for sale today.
Structured approach to company acquisition
Proceed in a structured manner and list your selection criteria precisely before the active search: Industry, region, number of employees, turnover, EBIT, own financial resources, purchase price. These seven criteria offer you an initial orientation for a sober search for the right company for you. Disclose your considerations. Talk to close friends and family. Allow your closest allies to check out your considerations and also to question them critically. Afterwards, an outside view from a neutral third party with a lot of experience is extremely helpful. Good advice is not expensive ? it is above all valuable.
Advisor for the acquisition of a company
The tax advisor can check your project for feasibility and will also ask you challenging questions. A lawyer, in cooperation with a notary, can help you to draw up ‘watertight’ contracts around the acquisition of a company. contracts for the acquisition of a company. Your bank advisor can help you find possible subsidies and will assist you with financing. A succession advisor uses computer-aided analysis and process technology and the experience of numerous M&A processes to check the fit between you and the company that is for sale. In addition, the larger advisory networks have a large number of sales mandates that will be presented to you as a buyer on a preferential basis. Follow your dream of self-employment with open eyes and equip yourself with good advisors. Plan a five-figure budget for advisory services! This way you will safely and successfully take big steps towards the fulfilment of your dream.
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