Kicking Off 2024: BANDwidth Event Unpacks Exit Strategies for Agency Owners

1 February 2024 | 6 min read

 

January marked the launch of our first BANDwidth event of 2024, drawing a keen crowd eager to dive into the world of exit strategies. Building on the momentum of last autumn’s gathering, we once again brought together a diverse group of agency owners. The goal? To share insights, experiences and strategies for navigating the complex process of exiting a business.

 

Expert Insights on Tap
Our panel didn’t just talk the talk; they’ve walked the walk. Julian Davies of Redfin – part of the BAND Group – opened the discussion with a comprehensive look at exit options and strategies to maximise sale value. Vasu Majumdar, BAND’s go-to for Corporate Finance, followed up with his top tips for getting your business sale-ready. And stepping in for Leanna Cosiglio, Ryan Lisk of Hybrid Legal tackled the legalities of selling an agency, from due diligence to the fine print of sale and purchase agreements.

 

Personal Goals Meet Business Strategy
Julian Davies set the tone with a clear message: aligning personal goals with business objectives is crucial. Whether you’re eyeing a trade sale, management buy-out or another exit route, understanding your personal ambitions is the first step in crafting a successful exit strategy.

 

Vasu’s Top Tips: The Roadmap to Readiness
Vasu Majumdar distilled two decades of M&A wisdom into nine essential tips for preparing your business for sale, emphasising the importance of a solid advisory team, clear objectives and engaged management.

 

Legal Prep Pays Off
Ryan Lisk underscored the importance of early legal advice in the sale preparation process. Good governance and understanding the intricacies of legal agreements can significantly smooth the path to a successful sale.

 

The Power of Community
The event underscored the value of bringing creative business owners together to share and learn from one another. The discussions were rich, the questions thought-provoking, and the takeaways invaluable.

 

As we look forward to more BANDwidth events throughout the year, we’re excited to continue fostering a community where creative entrepreneurs can thrive.

 

Stay tuned for more insights, strategies and success stories by following us on LinkedIn.

 

Let’s Talk

 

Tel: 020 8138 5560

Email: hello@weareband.co.uk

111 Charterhouse Street,
London, EC1M 6AW

 

Julian Davies

Julian Davies

Managing Partner at Redfin

Managing partner and Chartered Accountant with 30+ years of experience in marketing, media, and creative industries. He leads the Redfin team, offering expert advice on growth and profitability. Former owner manager of an agency acquired by a listed group; his industry insights are second to none. Off duty, you might find him on the golf or tennis court, determined to master new tricks.
Shelley Watkin

Shelley Watkin

Client Finance Director at Redfin

A qualified Chartered Accountant with 20+ years of experience in the marketing services sector. During her 5+ years at Redfin, she served as Client Finance Director offering invaluable insights into strategic and commercial matters. Shelley has also assumed the role of Finance Director for various creative agencies, guiding them through successful sales processes. If she gets free time after managing her children’s busy schedules, she likes to chill out doing yoga and gardening.