CMS is experienced in negotiating with owners on behalf of communities or groups of employees wanting to rescue or buy a business. It is valuable to have the negotiations handled through experienced professional advisors.
Not only do you get the benefit of their advice but they carry no ‘baggage’. If you are negotiating with your own employer or with the owner of the shop in your local community, there can be all sorts of personal and relationship issues involved. Professional advisors allow you to side-step these.
It is key that the group form a small steering group (4-8 people normally) to lead the process.
Good communication with the wider group is essential but often decisions need to be made quickly. This steering group needs to have credibility with the wider group and a good mix of skills to enable it to pull the business plan together.
It is important to remember that different owners will have different motivations and these need to be factored into any negotiation.
The owner-manager of the village shop looking to retire will have a very different perspective than a local authority wanting to externalise a small part of its overall services.
CMS is experienced in negotiating so call and find out how we can help you…