The purchase of Henley Business Group for an undisclosed sum has been completed following 6 months of negotiations.
Henley specialises in brokering the sales of quality B2B industrial and manufacturing firms turning over between £1m and £10m, and enjoys a strong presence and enviable reputation in this niche marketplace [For Sale].
Henley Business Group will continue to trade independently and build further on its established strengths whilst coming under the Maximiti brand and relocating to Manchester.
Norman Younger, director of Maximiti, says: "we are delighted to have concluded the purchase of a business which espouses the same values as those upon which we built our own business. We look forward to working
with Bill Leech, Henley's founder, and taking Henley Business Group to the next level."
"Search and Source" is Henley Business Group's New Service for Business Buyers
Businesses typically rent their premises although there is no legal reason why you cannot own your own shop, office or warehouse.
A recurring revenue stream acts like a powerful pair of binoculars for you – and your potential acquirer – to see months or years into the future; creating an annuity stream is the best way to increase the desirability and value of your company.
The ultimate test of your business can be found in a simple question: would someone want to buy your company?
Build a strong team of people who are capable and committed. Avoid hiring on the cheap. Pay peanuts and you’ll get monkeys. Take your time hiring and CV’s carefully remembering to follow up references and ask penetrating questions.