What do you like about acting for privately owned businesses?
Unlike acting for large PLC’s, you can build a far closer relationship with privately owned businesses. The decision making process is more immediate and it’s more rewarding to see the actual impact of your work.
What single document should every business have in place?
I would always recommend a shareholders/partnership agreement. You can sweat blood building up your business for it to become worthless for lack of a simple document setting out the mechanics for dealing with the situation.
What’s the longest completion meeting you’ve been on?
48 hours straight, without sleep on a multi jurisdictional disposal for a pension fund. It was carnage but did give me a taste for what having children was going to be like!
What advice would you give to a start up business?
Get yourself a good accountant and a good lawyer and use them. The clock doesn’t start running every time you pick up the phone and they can and should be adding real value to your business.
What is the most rewarding aspect of your work?
Selling a family business can be a very intense experience but at the end of that process to see a client get the deserved rewards for a lifetime of effort is very satisfying.
What else are you involved in at Raworths?
I sit on the Board of Management with particular responsibility for marketing. Having to run a business gives you a fresh perspective when advising clients.
What is the key to a successful deal?
Get your advisors involved early and ensure they are working with you and each other effectively. If you’ve got the right team in place there are few obstacles you can’t overcome.