Edinburgh-based entrepreneur Andrew Morrison, has launched his new business, Business Sale Basecamp, a consultancy aimed at helping business owners prepare their companies for sale.
Drawing on his own experience selling his multi-million-pound company, AM Bid, the former IoD Scotland Director of the Year offers tailored support, from mentoring and auditing to due diligence preparation. His extensive network of over 20,000 business contacts further enhances the service.
“I launched AM Bid, scaled it, got it ready for sale and had a successful exit and I would like to help others do similar,” he said.
“Without advertising the business for sale, I had four approaches from companies wanting to buy the business, and three offers. Navigating my way through that gave me added experience that I can bring to the table to help business owners determine the right value of their company,” he added.
“Also, my near 20 years of procurement and proposal management experience covered many due diligence processes and expertise in presenting a company in its best possible light.”
“Most owners think about selling at some point but don’t know how to get ready,” Morrison explained. “It is unchartered territory for many business owners due to not having walked this road before.”
He concluded: “That’s where the basecamp concept came from – getting assistance to finish the journey from someone who has been there before and successfully completed it.”