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Larger corporate care businesses usually have clear exit strategies in place, together with the in-house skills and professional advisers to achieve this goal. By contrast, operators of groups of less than 500 beds often do not. A survey by the Health and Care Team of Hazlewoods revealed that operators of smaller companies often make their exit plans too late:
- The majority said they had no up-to date exit plan in place.
- An even higher percentage had no estate plan or will in place.
- Less than half had decided how they might exit the business.
Hazlewoods offers a unique blend of property, accounting and corporate finance skills which ensures that we are able to advise upon all aspects of the pre-sale process, to maximise value and minimise issues and delays.
Part 2 - Financial Planning