Selling a business
I’ve recently, very recently.. started my electrical contracting business.
It’s as early as it could possible be, it’s just me, a sole director of a LTD Company.. I was wondering if anyone on here had advice or first hand experience on building a business to sell?
I’d like to focus on growing the business, focussing on a niche, and branding.. it’s early enough days at the moment that I can pivot into anything as such, as I approach a year of trading, I’d like to hone in on a niche (commercial testing, emergency lighting or something similar etc)
I’d love to hear some stories, successful or otherwise of people that have managed to build something with an end value - my initial thought is that a general domestic contractor doesn’t have the barrier to entry, so isn’t really desirable to acquire one day?