Head of Entrepreneurial Services, Partner London +44 (0)20 7131 8213
Rumours hit last week that Nando’s was going to spice up the capital markets with a listing, potentially enabling a full or partial exit for the South African Enthoven family who have presided over a period of phenomenal expansion for the restaurant chain.
While cold water was firmly poured over this by the company, it raises a good question about exits and fundraising in general. In practical terms, IPOs are a rare beast and can often prove a double- edged sword for entrepreneurs unused to operating in the public eye. If you are considering selling your business what are your other options?
Given the Herculean efforts entrepreneurs put into building their businesses it’s often surprising to me how many fail to plan an exit beyond capitalising on opportunistic approaches without a concerted marketing effort. We will cover successfully selling your business in full soon but, for now, see our toolkit for more information.
With the UK’s economy actually relatively buoyant post-referendum, and the weakness of sterling encouraging foreign buyers, the prospects for full or partial exits and fundraising for established and scale-up businesses look very interesting.
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.
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