Archive for the ‘Corporate Finance’ Category

How do you know if one buyer is the right buyer for your business?

Posted on: June 25th, 2018 by Seamus Gates No Comments

It was recently announced that Asda Walmart was to buy Sainsbury’s after the two chief executives reportedly hatched a plan to merge together in an off market deal.

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Recent Changes to Welsh Government Financial Support

Posted on: June 12th, 2018 by Mike Fenwick No Comments

Following on from the publication of the Welsh Government’s new Economic Action Plan (EAP) there have been a number of changes to the process for businesses looking to access grant support in Wales. (more…)

Lack of funding holds back 1 in 4 SMEs

Posted on: May 15th, 2018 by Mike Fenwick No Comments

Difficulty accessing funding is causing around one in four small and medium-sized firms to miss out on business opportunities, research shows.

A survey by Aldermore of 1,004 senior decision-makers in SMEs revealed that 23% had missed out on at least one new business opportunity due to lack of funding in the past 12 months.

The issue shows no signs of improvement, with 4% more businesses reporting this problem since the same survey was conducted in 2017. (more…)

MHA Corporate Finance Overview 2017

Posted on: January 31st, 2018 by Katherine Broadhurst No Comments

The MHA Corporate Finance Overview 2017 is now available!

Corporate Finance Regional Overview for Wales

The headline statistics are a reduction in the number of deals in Wales by 6% in 2017 compared with 2016, and a reduction in the total value of transactions by 21% to £1.1bn.  The significantly higher reduction in total value than volume may suggest that the recovery that we have been seeing in recent years following the recession has reached the SME market.  Given the nature of the economy here in Wales, we do not consider this to be a bad thing on its own.  Taken together with the strong performance in the final quarter and the fact that 2017 was only the 2nd year since 2009 that deal volumes had exceeded 200, the year looks more positive than the initial statistics suggest. (more…)

What does 2018 hold for the corporate deals market?

Posted on: January 11th, 2018 by Katherine Broadhurst No Comments

MHA Broomfield Alexander Manager, Katherine Broadhurst, gives her thoughts on the year ahead in our latest Q&A? (more…)

Welsh Government Economic Action Plan

Posted on: December 14th, 2017 by Mike Fenwick No Comments

The Welsh Government this week published a new Economic Action Plan for consultation which sets out how financial support is going to be delivered to businesses in Wales over the next 10 years.

One of the key changes set out in the plan is that in return for financial support there will be an expectation that businesses will enter into an economic contract with Welsh Government to assist with delivering the wider objectives of the economic strategy in Wales. (more…)

The importance of having good management information within your law firm

Posted on: December 11th, 2017 by Seamus Gates No Comments

Your firm’s COFA is partly responsible for the efficient running of the financial management of the practice, due to their necessary close interaction with the SRA AR. However sole responsibility should not lie with that one individual. All members of your management team should play an active role.

Good financial management processes should include monitoring and reporting procedures. Reviewing consistently updated management information is a way of complying with this requirement, but it may also help to improve business performance. (more…)

Budget 2017: What it Means for Entrepreneurs Considering Exit or Investment

Posted on: December 8th, 2017 by Katherine Broadhurst No Comments

Speculation was rife in the lead up to the Budget last week – in the face of waning growth and declining productivity, and against an overriding econo-political narrative that our public services are struggling and living standards falling – that Chancellor Philip Hammond would be forced to introduce sweeping changes affecting entrepreneurs and SMEs. Commentators foretold an overhaul of Entrepreneur’s Relief and the rules impacting private and institutional investors in SMEs (via the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs); owing to the tax advantages these schemes confer. (more…)

Can we help you to successfully acquire?

Posted on: November 8th, 2017 by Seamus Gates No Comments

Many companies are looking to grow and acquisition is one way to achieve this. With the cost of borrowing currently low, acquisitions could well be an attractive option to consider.

Here are 4 important stages in an acquisition that need attention. (more…)

To leave, or not to leave….or is there a third way?

Posted on: September 14th, 2017 by Seamus Gates No Comments

With the management buyout (MBO) re-emerging as a popular succession route, we have also seen variations of this, including Vendor funded and Deferred MBOs. The former requires no external funding but where the owner is happy to exit immediately. The latter structure is used when the owner wishes to exit in stages whilst maintaining a degree of control over the process.  In the Deferred MBO, the initial stage should set out the mechanisms for the complete exit at a future point in time. (more…)