For members wishing to acquire additional businesses or sell businesses they currently hold, DNA has available a national network of experienced business brokers. We can assist members in making sound decisions on business strategy, operational issues, mergers and acquisitions.
Finding the right buyer or seller is a key step in the process but it is only one step. Through its associations, DNA can ensure that members understand the right steps to take in the areas of due diligence, corporate strategy, scenario planning, contract negotiation and IP licencing right through to final handover. For all businesses that are bought or sold it is highly advisable to work through a series of logical steps to ensure the best outcome:
Gain a thorough understanding of the business category, including the current and foreseeable competitive, regulatory and technological trends.
Understand the reasons the seller wants to sell and the buyer wants to buy. A considered understanding of motivations is vital. This applies equally to the company's shareholders and to its operators.
Marketing the business. How well and professionally a business is presented to the market will have a significant impact on both the time frame in which it sells and the price it fetches.
Managing the due diligence process. "Many a slip 'twixt cup and lip" remains a valid truism. Both the buyer and the seller need to have a clear, and 100% overlapping, understanding of what is changing ownership.
DNA club members have access to the following services: