Improve your financial performance now to put you more in the driving seat when it comes to merger discussions ... and prepare for them now. Generating increased profits in a merged business is a challenge that should be addressed pro-actively from the earliest possible stage in discussions. To be reasonably confident that any merged business can produce the right results requires a coherent strategy and that plans be challenged and evaluated objectively, which is where we come in.
We often start in advance of any merger discussions to get the practice in the best possible position to take the lead in any discussions that eventually take place. That usually involves initiatives to quickly improve the financial performance of the practice; improving profitability, which can usually be achieved because we can get partners focused on their financial objectives; what they want to get out of a merger.
To find out more, contact Allan Carton or Andrew Taylor on +44 (0)161 929 8355 or by completing this form.
We pull together the business plan working alongside the partners and / or management team, to ensure that you are focused on the the right strategies to drive up profits through, for example:
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Exploiting economies of scale
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Reducing costs across the board
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Redeployment of people
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Restructuring management and service delivery roles
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Equity, gearing, recognition and reward mechanisms
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Focusing on the right clients and services
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Effective and appropriate communications
The partnership also need to know what they could be buying into. To evaluate the other parties in a potential merger, we carry out due diligence on the client base, finances, premises, business operations, regulatory compliance and IT when potential merger deals are being considered. We develop or review the "merged business" plan and evaluate internal operations alongside the business case for merger to highlight opportunities and weaknesses; then recommend options to ensure the business case is sound and reasonable.
Our team involved in preparing for a merger comprises:
For more information or to discuss your situation in confidence with no obligation contact Allan Carton or Andrew Taylor on +44 (0)161 929 8355 or by completing this form.
