How a Recruitment Agency is Sold

When the time has come for the sale of your recruitment agency to be under consideration, whether it is in the pursuit of retirement or obtaining the necessary capital for your next business venture, it is important to have a full grasp of your market exit options.

Decision to sell

You have undoubtedly worked tirelessly to build up your business into the success it represents today, and as such you should aim to achieve the maximum possible return for your business. However, without the necessary knowledge and experience in business sales, this can prove immensely difficult. For most business owners, the sale of their business will be a once in a lifetime event, denying them the opportunity to gain first-hand experience in the sales process.

Expert Advice

Therefore, it is highly recommended to seek the assistance of a specialised business broker. On the back of 30 years’ trading experience achieving market-leading multiples for our clients, Kings Professional offers a tried and true business sales process that reaches a prompt completion. Unlike many generalist business brokers, Kings Professional possesses an intricate understanding of the professional services industry, allowing us to truly appreciate the intricacies of your business and correctly match it to a potential acquirer.

Market Research

The preliminary stage of the business sales process is to undertake a market appraisal from one of our industry experts. The market value of your recruitment agency is nuanced beyond the saleable value of your assets and your annual revenue figures. To arrive at an accurate prediction of your business’ achievable sale price, we must apply our in-depth industry knowledge of current market conditions to assess how much active buyers are willing to afford for new acquisition opportunities; this will not only offer you a realistic figure to use for forward planning but hasten the timeframe to attract a potential acquirer.

Marketing

Once on the market, our in-house marketing team will set about creating a bespoke marketing campaign that highlights the key areas of opportunity that will garner interest from across the industry. Benefiting from a constantly reviewed market analysis, we are not only able to get your business seen by a wide array of potential acquirers but target active buyers and aspiring market entrants that are keen to view any lucrative opportunities.

Completion

The services of a specialised business broker do not cease once an interested party has been identified. On the contrary, the advice and guidance provided throughout the due diligence stage is the most important factor in determining if a sale will succinctly complete or if it will fall off as a result of delays. We will be on hand at every step of due diligence as the acting intermediary between yourself and the buyer, and we will ensure that your best interests are protected as the sale approaches completion.If the sale of your recruitment agency is now under contemplation and you would like to seek further guidance, please do not hesitate to get in contact with a member of the experienced Kings Professional team and they will be delighted to assist you.