Strategic Reasons for Exit Stewart Millington .

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Strategic Reasons for Exit Stewart Millington www.avondale.co.uk

Transcript of Strategic Reasons for Exit Stewart Millington .

Page 1: Strategic Reasons for Exit Stewart Millington .

Strategic Reasons for Exit

Stewart Millington

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Page 2: Strategic Reasons for Exit Stewart Millington .

Personal Stages

Employed

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Page 3: Strategic Reasons for Exit Stewart Millington .

Personal Stages

Employed

Self Employed

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Page 4: Strategic Reasons for Exit Stewart Millington .

Personal Stages

Employed

Self Employed

Entrepreneur

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Page 5: Strategic Reasons for Exit Stewart Millington .

Personal Stages

Employed

Self Employed

Entrepreneur

Employer

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Page 6: Strategic Reasons for Exit Stewart Millington .

Personal Stages

Employed

Self Employed

Entrepreneur

Employer

Exit

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Page 7: Strategic Reasons for Exit Stewart Millington .

Personal Stages

Employed

Self Employed

Entrepreneur

Employer

Exit

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Retire EntrepreneurAdvisor/Mentor

Investor Chairman/NED

Page 8: Strategic Reasons for Exit Stewart Millington .

Business Stages

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Turnover/Profit £

Page 9: Strategic Reasons for Exit Stewart Millington .

Business Stages

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Turnover/Profit £

Seed

Page 10: Strategic Reasons for Exit Stewart Millington .

Business Stages

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Turnover/Profit £

Seed Start Up

GrowthRefine Plateau Established Time

Page 11: Strategic Reasons for Exit Stewart Millington .

Business Stages

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Turnover/Profit £

Seed Start Up

GrowthRefine Time

Page 12: Strategic Reasons for Exit Stewart Millington .

Business Stages

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Turnover/Profit £

Seed Start Up

GrowthRefine Time

Page 13: Strategic Reasons for Exit Stewart Millington .

Business Stages

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Turnover/Profit £

Seed Start Up

GrowthRefine Plateau Established Time

Page 14: Strategic Reasons for Exit Stewart Millington .

Business Stages

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Turnover/Profit £

Seed Start Up

GrowthRefine Plateau Established Time

Refine & Invest

Decline

Page 15: Strategic Reasons for Exit Stewart Millington .

Succession

MBO

MBI

Trade Sale

Floatation

Business Stages

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Page 16: Strategic Reasons for Exit Stewart Millington .

Personal

Personal stage

Founder fatigue

How much do you need?

Timing

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Strategic ConsiderationsPersonal vs Commercial

Page 17: Strategic Reasons for Exit Stewart Millington .

Commercial

Business stage/performance

Timing

Earn out

Key management

Economic outlook

Competition

Strategic ConsiderationsPersonal vs Commercial

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