The right time to sell
Paul Collins, Chairman of the Board of Directors at Equiteq, shares some advice.
"When building my first professional services firm, I was told that unless the firm generated ten times more than its existing revenue (£4-5million), the business would never sell. On the back of that advice we built the firm’s revenues up to £50million. Although the firm sold successfully, with hindsight the advice we received wasn’t very accurate."