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2007 Business Briefing - Leeds
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The Lifecycle of a Design Consultancy

Tuesday 13 November

3 Albion Place, Leeds, LS1 6JL

Tickets

£35+vat Standard rate

£25+vat DBA Members

 

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The DBA brings its most recent Business Briefing, ‘ The Lifecycle of a Design Consultancy' to Leeds on 13 November. Mapping out your future and that of your business is often the hardest thing to make time for. Yet it's probably the single most important thing when it comes to running a consultancy effectively.

Planning for the future now could help you realize greater value in your business when the time comes for change. This event is for those keen to introduce sound business practice no matter what age their agency. Building value can take time but with a clear picture of what the future could hold for you, a clear direction, renewed drive and the focusing of your energy on the things that matter, this briefing could make the world of difference.

This workshop will be given by Ian Cochrane of Tice Group and will be chaired by Nick Ramshaw, managing director, Elmwood and president of the Design Business Association.


This workshop aims to answer the following questions

- How can I ensure that my business continues on after I've left or retired?

- What are the exit options that are open to me when I want to get out?

- If I'm thinking of selling the business, how do I put a value on it?

- Who might be interested in buying my business?

- What are buyers looking for?

- What should my role be within the business?

- How to ensure that business continues to survive and grow without me?


Presentation content

- Exit options - MBO or trade sale? Pros and cons

- Key criteria for a trade sale: turnover, profit, clients, systems and management

- Who would buy your business: big groups, roll ups, overseas buyers

- How are deals structured?

- How your role needs to change over time: doing the business, running the business, orchestrating the business

- How to step back: recruitment, coaching, delegation, management team, equity

- Other issues: name

For a booking form and further details click here.

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