Another difficult question. Many shareholders never manage to sell their companies, others take many years. The main reason for this is a passive selling process.
No enquiry generation means that you rely on a buyer finding you. Not only can this take many years but leaves you in a poor negotiating position.
Using the BCMS process our clients have an aspiration of ten to twelve months. Sometimes it can be less sometimes a little longer.
From the brief to received bids is consistently 5/6 months. The Due Diligence and Legal processes are more difficult to guarantee.
