Business Sale Live! At Aerospace Bristol
This month’s Business Sale Live! saw guests dining under the wings of Concorde at Aerospace Bristol whilst gaining an insight into the life of Iron Maiden singer Bruce Dickinson, a truly memorable evening. Business Sale Live! is a one-day conference aimed at business owners who want to learn more about the process of a business sale.
In the closing section of the event, we were honoured by the presence of Bruce Dickinson who spoke about the challenges of training to be a pilot whilst promoting a record, his battle through throat cancer, and the excitement of creating his own beer. Whilst talking about his life events and entertaining the audience with his anecdotes, Bruce provided his insightful perception of how to overcome obstacles that are thrown your way;
“Every time you get a setback you have several choices; fall off the horse, get back on the horse or never touch a horse ever again.”
WHAT ELSE HAPPENS ON THE DAY?
Not only did the audience get to enjoy the pleasure of Bruce’s company but also an eye-opening masterclass by BCMS’ Dave Rebbettes, David Oliver and Tom Rebbettes, delving into how to approach a potential sale and the importance of having a choice of potential buyers when selling the future of your business. Alongside this presentation, we had speeches from our partners Paul Hardman from Gregg Latchams and Ian Dembinski from Rathbone Private Office.
After a delightful break with drinks, canapes, networking and a fantastic opportunity to step on board the Concorde for many photos, the Q&A panel began with our BCMS host Mark Bentley. The panel featured BCMS CEO Jonathan Dunn alongside two former clients; Mike Bailey who sold Didsbury Engineering in 2016, and Jeff Martin, former shareholder of Wireless Innovation.
The Q&A offered an insight into the key issues our clients face during their business sale journey. Two questions that did spark a lot of commotion throughout the audience were: ‘How many people were involved in the business sale decision making and how was it kept confidential?’ and ‘When you found a buyer, what crossed your mind about how to square this with your staff? What measures did you put in place for them?’
Both Jeff and Mike answered questions honestly and openly, drawing on past experiences. They finished the Q&A by explaining what life is like post sale. As Mike memorably put it: "Every day is like a Sunday!"
WHERE IS THE NEXT ONE?
Business Sale Live! was an overall success in Bristol, with many positive comments from guests. If you missed out on this one, don’t worry as we have more scheduled in for the end of the year. The next Business Sale Live! event will be in Prescot in October. Keep an eye out here for more information.