With the global pandemic forcing the UK into a recession, many potential buyers may be deterred from purchasing a business.
It’s always a good rule of thumb to never invest in any business if you cannot see it adding value to the one you already have.
Overall in the UK, it is estimated that mental health costs employers £33 billion to £42 billion per annum and has a huge impact on productivity.
Interest rates for business acquisitions are generally low, however, I always suggest shopping around to get the best terms possible.
The deal itself—the financial structure, the valuation, the timing—matters far less than how systematically you plan for integration.
Sadly, as many employees still believe that there’s a stigma attached to mental wellbeing, many people that are suffering tend to do so in silence.
Luckily, there are a wide range of organisations here in the UK that offer excellent tools and resources for mental health.
All businesses want to be more efficient, and the best people to help you do this are the teams that run all aspects of your business on a daily basis.
Expecting staff to be back to 100% productivity from day one isn’t just unrealistic, but it can do far more harm than good in the long run.
Being successful with your distressed assets means thinking strategically and considering carefully what value these will hold later on.