Navigating Growth and Transitions
Whether you’re looking to expand through acquisitions, optimise a sale, craft a strategic deal structure, or plan for a smooth succession, we are here to elevate your experience and maximise your outcomes. Trust us to be your reliable partner in navigating the intricate landscape of business growth and transitions.
Business Growth
Multi-level assistance
We will help you to grow your business from your existing book by means of a cross-selling matrix and a variety of sub-contract specialists. These specialists will assist you in getting many more of your client’s insurance spent in classes that you do not do, such as private medical, marine cargo, aviation, credit, cyber, schemes opportunities, financial services and employee protection benefits; all where you earn but more importantly where you tie your clients in a multi-level way.
A good succession strategy
We have successfully planned succession mechanisms in over forty companies to date. So, whether you’re getting ready for retirement, looking to pass your business to the next generation, or preparing to sell to a new owner, you need a good succession strategy to ensure a smooth transition and to put yourself in the best possible tax position.
Successful transfer
Brokerring would help you define a well-thought-out succession plan, ensuring the successful transfer of management from one generation to the next.
New management will lead to your business achieving bigger and better things as things move over to the next generation. This change will also minimise your tax burden as you cash in on your biggest asset, whilst continuing to create the wealth you’ll certainly need to enjoy a happy and prosperous retirement.
Being prepared
Preparation is key to optimising value, and it is important to take advice well in advance of any exit process in order to plan and evaluate your options thoroughly. Many Brokers only start thinking about exit planning when they are forced to by external factors or other unexpected events. However, being prepared and having a strategy for how you want to exit your business is vital to creating optimal value and protecting your investment.
Understanding your key objectives
We believe that it is never too early to start planning for the sale of a business. So, we often start working with clients several years before a projected exit, so that we can thoroughly understand both financial and personal key objectives.
Whatever your plans are for your exit, we can help you formulate and deliver an effective strategy that caters to all objectives.
“Most people only do this once in their lives and you have no idea of the complexity of the process until you do it. Ian supported the financial, legal and emotional elements of this.” – Andres Burke, AGB Risk Control Services
How can we help you?
Whether you’re looking to grow, go slow, or go, our experienced team are always on hand to provide guidance in those times of uncertainty. For free impartial advice from the Brokerring team, get in touch today.
Let's talk about your next steps
Make this your biggest year for growth yet with our multi-level growth assistance.
Finding Targets
Extensive profile
We have a complete profiled database of all the Brokers in the UK, particularly focusing on small to medium-sized Brokers and those in the last quartile of their working lives.
Local Brokers
We will assist you in finding the target Brokers in your area, and where strategically advantageous, will make the preliminary approach to them for you. It’s vital to ascertain the true nature of the business, and so, under an NDA, we will work towards obtaining as much financial and operational detail possible from the target, to help you make an informed decision about their suitability to proceed with a purchase.
Patience in the long-term
Always remember that just because now is the right time for you to buy, it may not always be the right time for your target to sell. This is why maintaining an ongoing relationship is crucial to ensuring that you get presented with the option to buy first when the Broker does decide to sell. Having patience and investing in longer-term opportunities will reap dividends in the future.
“I am so grateful for the hands-on support throughout the process of selling my business.” – Andres Burke, AGB Risk Control Services
How can we help you?
Whether you’re looking to grow, go slow, or go, our experienced team are always on hand to provide guidance in those times of uncertainty. For free impartial advice from the Brokerring team, get in touch today.
Let's talk about your next steps
Take advantage of our complete profiled database of all the brokers in the UK and make strategically advantageous approaches.
Sounding Board
Helping with the difficult questions
Business life can be tough and there are numerous responsibilities which sometimes raise difficult questions; both operational and strategic to the business. Anyone involved in the business already is likely to have some vested interest and, whilst hand on heart they think they are advising in the best interests of the business, their advice may to tempered by their position.
Absolute confidence
Brokerring offer a Sounding Board service where, in absolute confidence, you can gain impartial advice from consummate professionals who have lived in your shoes and been in the Insurance Broking Industry for many decades. This invaluable support is vital at pinch points and crossroads where critical decisions need to be made in the best interest of the business. Having this strategic ear provides many Brokers support with knotty decisions, changes in direction, purchase or even a sale of the business.
Don’t underestimate this service
Discussing your business and future plans with an impartial party can be a cathartic experience. To truly refine your strategies, it’s essential to vet them with someone who brings an unbiased perspective.
This strategic support plays a significant role in aiding Brokers facing complex decisions, directional shifts, business acquisitions, or even sales. The importance of having a reliable, experienced ear during critical times cannot be overstated.
The “Sounding Board” service holds tremendous power – don’t overlook its potential to enhance your business decisions.
“When you come to sell your business there are many emotions running through you all at once, and clarity is difficult to generate! I needn’t have worried, I engaged Brokerring to support the sale and they effectively, and very efficiently, took the process over and made life so much easier than it would have been. If I’m clear, without them the deal wouldn’t have gone through.” – Nick Gowdridge FCII, Director of Whitman Gowdridge
How can we help you?
Whether you’re looking to grow, go slow, or go, our experienced team are always on hand to provide guidance in those times of uncertainty. For free impartial advice from the Brokerring team, get in touch today.
Let's talk about your next steps
Looking for support with knotty decisions, changes in direction, purchase or even a sale of the business? Our Sounding Board service is the solution.