The Business Transfer Market

We invite you to download and read this article which gives a review of the business transfer market over the past 50 years and our view of the current state of the market.

News, Views and Matters of Interest

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£1bn fund launched by HSBC to help South West SME businesses to grow

HSBC UK has created a £1bn fund to help SMEs throughout the South West take advantage of new opportunities to grow their businesses. This provides small and medium size businesses in the westcountry with yet another funding facility to assist them with their regeneration and growth objectives following the successful rollout of anti Covid-19 vaccination programmes. For further details regarding t…

Industry News
Overseas buyers prepared to pay premium prices for products made in Britain

A survey, conducted by Barclays Corporate Banking, of over 10,000 consumers in ten markets across Europe, Africa, the Middle East and Asia found that respondents are willing to pay premium prices for British-made goods. With the UK entering a new era on the international stage, post Brexit, it is very encouraging that Barclay’s research has highlighted a strong appetite for goods manufactured in …

Industry News
​M&A activity in manufacturing sector set to remain buoyant in 2021

BDO’s Manufacturing Deal Review discovered that the appetite for M&A deals in the sector was resilient throughout 2020 – with almost 600 deals completed last year – and that the level of activity is set to remain strong throughout 2021. For the reasons behind this trend and for more detailed information on this subject please read the bulletin below which was issued today by Insider Media Ltd.

R…

Industry News
Confidence in Britain’s services sector rises to 12-month high

With the anti Covid-19 vaccine rollout continuing to gather momentum, business confidence in GB’s crucial services sector has risen to a 12 month high according to the BDO Services Optimism Index. The Index rose to 94.13 in February (up from 86.6 in January) – the highest figure since February 2020. For more information on this subject please read the article below which appeared in The Daily Tel…

Industry News
Plymouth & South Devon Awarded Freeport Status

In 2020 the government consulted on proposals to create a number of Freeports in the U.K. It was decided that a Freeport would be a geographic area with a diameter of up to 45km which is closely linked to a sea, air or rail port. In his Budget Statement this week the Chancellor, Rishi Sunak, announced the initial 7 ‘winners’ from the bidding process which included Plymouth & South Devon whose suc…

Industry News
South West SME Manufacturers More Optimistic About The Future Than National Counterparts

Although post Brexit issues are currently causing disruption for some SME manufacturers in the South West, businesses in the region appear to be more optimistic compared with those in the rest of the country (according to the latest South West Manufacturing Barometer). All key performance data for South West manufacturers have shown improved positivity since the previous Barometer report, with fu…

Industry News
​The Great Western Freeport Bid Backed by Business Leaders & Influential Supporters across the West of England

With government decisions imminent in respect of Freeport bids throughout the U.K., the Great Western bid (with a deep sea port at its' heart) has been given significant support by business leaders and influencers across the West of England in an open letter to the Chancellor, Rishi Sunak. Describing the bid proposal as a 'world class trade and job hub' and stressing that economic modelling sugge…

Industry News
Dorset-Based 'Freeport' Bid Tabled

A Freeport bid submitted by BCP council, Bournemouth Airport and Pool Harbour Commissioners is forecast, if successful, to boost the economy of Bournemouth, Christchurch and Poole by £1.7bn over 20 years and create up to 5,600 jobs. This is the latest South West-based bid for Freeport status and with at least 10 Freeports to be created nationally, and the government expected to announce the first…

Industry News
 Post Covid-19 economic recovery plan for West of England

The West of England Recovery Taskforce – set up to drive the region’s economic recovery – has produced a Regional Recovery Plan to protect and secure jobs, while building back greener and creating opportunities for all the local population to share in the recovery. Led by the West of England Combined Authority and the Local Enterprise Partnership, £9.4m has been committed to supporting the Recove…

Industry News
Is now the time to get your show on the road?

If you have been contemplating selling your business you may be wondering if now could be a sensible time to bite the bullet! If so, you will undoubtedly find the following information helpful.

The prospects for selling a business (on a goodwill & fixed assets basis) or a company (via a shares transfer) have improved very significantly during the last few months. Enquiries from prospective purch…

Industry News
Construction underway on specialist centre in Devon for fast-growth STEMM businesses

Just seven months after securing government funding, construction is underway at Exeter Science Park on a £5m specialist centre for fast-growth STEMM (Science, Technology, Engineering, Mathematics and Medicine) businesses – a project set to drive growth and create jobs in the SME sector and a welcome boost for the local economy. For the full story please read the bulletin below which was issued b…

Industry News
24 ‘shovel ready’ and job creating projects in Devon and Somerset set to start

Total funding of £35.4m was secured last summer by the HotSW LEP for 24 projects in Devon and Somerset, with the first 12 now ready to go live whilst the remainder are expected to be contracted and go live in the spring. For the full story please read the bulletin below which was issued by Insider Media Ltd. 

Roger Mundy, Managing Director, Beardsley Theobalds, 9th February 2021 

 

 

Job-crea…

Industry News
Great Western Freeport could create up to 50,000 jobs

The West of England Combined Authority has submitted a bid for Freeport Status which, if successful, would see the authority (working with public and private sector partners) host the Great Western Freeport which could create up to 50,000 jobs in the Bristol area. The winning bids will be announced in the spring of this year. For the full story please read the bulletin below which was issued toda…

Industry News
So, what’s the business transfer market like at this time?

This is a question we are constantly being asked, especially by business owners who have been contemplating selling their businesses. The short answer is : It’s a bit like the ‘curate’s egg’ – good in parts. To be more precise, there are more prospective buyers than we have ever known currently looking for quality businesses in the market sectors in which we specialise – industrial, commercial an…

Industry News
Is Your Business Fit For Sale?

Advice to business owners is always – plan your exit from the business well in advance. Groom the business to maximise its saleability. Choose the timing with care. 

Unfortunately, while most people accept the sense of this, in practice it usually doesn’t happen, often because the decision to sell is made quite suddenly and once it is made there is a desire to sell as soon as possible. This mean…

Industry News
To sell or not to sell, that is the question

Since late 2016 there has been a general reduction in the number of businesses coming onto the market. It is generally understood that business owners, who in principle would like to sell, have been demonstrating a reluctance to commit to taking the necessary decision to do so. They have been citing all sorts of reasons for this, including the current state of the economy (national and global), g…

Industry News
Are people buying businesses now?

If I had been answering this question during the early part of 2012 then I would have said “yes, but not that many”. However, since then the situation has changed significantly and during the second half and, in particular, during the final quarter of 2013 the business transfer market picked up markedly. Moreover, between October and December we at Beardsley Theobalds sold more businesses than we…

Industry News
Demand for niche market businesses

Beardsley Theobalds, the specialist business transfer agency, has, over the last few months, brokered the sale of four niche market businesses showing that there is demand for businesses that are not ‘run of the mill’.  

Some business owners, who are looking towards retirement or who simply fancy a change, think that they have a business that is so specialist or unusual that nobody would want to…

Industry News
Where on Earth are all the business buyers coming from?

During the last few years there has been a very noticeable increase in enquiries for businesses being offered for sale in the West Country from prospective buyers living abroad. Moreover, growing numbers of these people are seriously pursuing their interest in acquiring businesses in the South West as is demonstrated by them flying to the U.K. in order to meet business owners and take an in-depth…

Industry News
Now is the time to take control of your life by becoming your own boss!

The impact of Covid-19 related Government guidelines and restrictions have caused a lot of people to review their working lives. Many employees have been furloughed whilst others have already lost their jobs and, sadly, significantly more will undoubtedly join the latter’s ranks! Even those currently working – either from home or at their employers business premises – are feeling somewhat fearfu…

Industry News
Is your New Year resolution to sell your business?

If you are thinking of selling your business in the relatively near future – say later this year or within the next year or two – now is a good time to consider your options. You most certainly need to carefully plan your exit from the business and thoroughly prepare it for disposal before offering it for sale. If you should fail to do this it will almost certainly take longer to sell (if indeed …

Industry News
Will You Benefit From Entrepreneurs' Relief When You Sell Your Business/Company?

The vast majority of small business owners who have sold their enterprises since April 2008 have benefited from being able to take advantage of Entrepreneurs’ Relief and thereby paid Capital Gains Tax (CGT) based on a rate of just 10% (compared with individual seller’s income tax rates which can be as high as 45% and which would otherwise apply). Consequently, this has been a highly discounted …

Industry News
Quality Businesses Achieving Premium Prices

They say that the business transfer market has fluctuated for some time, but is now undoubtedly much better in certain sectors than in others. Since the financial crisis and ensuing recession took hold in late 2007 this has certainly been the case and there are certain sectors of the market which have definitely suffered more than others. Conversely, we at Beardsley Theobalds appear to have weath…

Industry News
What's the attraction for people looking to own a business in the West Country?

Well that’s an easy question to answer I hear you say. It’s obviously the fantastic scenery, wonderful countryside and impressive coastline. It’s the leisure facilities and the more favourable climate. It’s also the slower pace of life and lower crime rate, etc. Oh, and (of course) the benefits and satisfaction of having one’s own business. Yes, with its very attractive environment and the qualit…

Industry News

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