Telephone: 01249 859258

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Buying a print business

We are looking to help genuine purchasers that are interested in buying an ongoing and viable business concern, we can not help those purchasers solely looking for print businesses in severe financial difficulties. Below are the stages that we take prospective buyers  through:

• Consultation - the most important element of looking to purchase is to agree and formalise what your criteria for purchase are. We highly recommend a well thought out written document that will prevent you from making poor instinctive decisions further down the line - as and when opportunities present themselves. We can help you draw up a precise list of your acquisition objectives. Principle Partners can also help with MBO's and MBI's. Please talk with us at an early stage.
• Funding Reviews and Business Planning - if you don't already have funding in place we can put you in touch with our associates about the funding alternatives available to you. We can also help with financial modelling and forecasting so that you can present the potential lenders with a more accurate idea of the funding you will need and future illustrations and forecasts.
• Marketing activity - now that we are clear on your objectives we will start to contact target suitable businesses via the telephone, direct mail and email (annonymously at this stage). We have an extensive list of print businesses that have already expressed an interest in selling  in the past. If there is a match between these businesses and your criteria then obviously we will make an approach.
• Confidentiality and Approach - we will protect your confidentiality in these initial stages until we have assessed vendor interest and the viability of the purchase. It is also important that we have some indicative financial support in place so that we can reassure the vendor that you can deliver on any subsequent offer.
• Offer Management and Heads of Terms - we can document the agreed terms so that the offer is clear for both parties and that there is a clear timeframe in place to complete the deal. We can also make arrangements for Due Diligence to be undertaken and will manage all the parties through to completion..
• Closing the deal and Post deal - we will be around to oversee the conclusion of the acquisition agreement and any issues such as deferred considerations that still need to be managed after completion.

Buying

Consider this...

1. Buying a business can be a huge drain on your internal resources. Can you dedicate, the people, or your own time to the project that it will need?
2. If you find a suitable print business to buy do you have the resource to manage it?
3. Is your own business in good health - are your income streams predictable in the medium term? It's likely that an acquisition, however well planned, will affect your focus and results - can your business survive such a performance dip?
4. Have you considered how you will fund a potential purchase, it's highly unlikely that you will receive support from High St banks - have you considered some alternative finance options?
5. If you're considering buying a  print business then why not arrange an initial consultation just telephone 01249 859258. All telephone discussions are FREE.