Is the UK economic climate affecting business exits?
Business Network members Alex and Paul Dodgshon of Uscita look at the affect interest interest rates and the economic climate are having on exit strategies.
When preparing a business for sale, it’s advisable to keep one eye on the general economic climate. The external business climate is not something any of us can control, but it’s worth considering some of the variables in your business exit plan. If you choose to ignore it, economic change and uncertainty could impact your ability to exit your business on your terms.
In this post we’re going to investigate whether the current UK economic climate is a deterrent to potential buyers, and if spiralling interest rates are impacting business valuations.