The announcement of billions in funding to local regions could be great if you’re looking to sell your business and this week, RTA Business explains why.
RTA Business: Facilitating the Sales of Businesses to the Right Buyer
Here at RTA Business Consultants we work as business sales brokers on both ends of the spectrum; we help business owners looking to sell on their hard earned company for a profit, and we help people looking to acquire a new business find the right venture for them.
Of course, in our line of work we’ve seen time and time again, how economic activity helps business players on both ends of the spectrum, providing the extra capital an interested buyer will need to capitalise on an opportunity and providing extra cash to the business they want to buy, making them a more attractive prospect.
A £6 Billion Boost for Local Authorities
That is why we believe the news that the UK government has decided to give billion in funding to local UK regions so compelling; it’s sure to provide both buyers and sellers with the capital they need to get what they want out of the business acquisitions process.
Specifically, according to the BBC, in a bid to boost local economies, the government has decided to release £6 billion in funding to local authorities. The news source further reports that the funds will go towards supporting local businesses, enabling greater job creation, constructing new houses and facilitating local infrastructure improvements.
Growth Deals Will Spur Growth in Our Local Regions
According to the BBC, Prime Minister David Cameron spoke out these government ‘growth deals,’ saying that they “are a crucial part of our long-term plan to secure Britain’s future.”
Cameron further said that: “For too long our economy has been too London-focused and too centralised. Growth Deals will help change all that. They are about firing up our great cities, towns and counties so they can become powerhouses.”
He concluded by arguing that: “By trusting local people, backing business and investing in infrastructure, skills and housing, we can create thousands of new jobs.”
RTA Business Comments
Essentially, this money is designed to help you. This is obviously fantastic news, as it will allow business owners to expand their operations, making their companies that much more attractive to a potential buyer when the time comes!