North West accountancy firm Mitchell Charlesworth announces new Accelerated services

Mitchell Charlesworth, the North West-based accountancy firm, has announced launch of a new ‘Accelerated’ service for business owners that want to sell their enterprises quickly.

The company, which has offices in Liverpool, Manchester, Chester, Warrington and Widnes, will combine its corporate finance, corporate recovery & insolvency and tax advisory teams to bring Accelerated to fruition.

Mitchell Charlesworth’s Liverpool-based partner Brian McCann, who heads up its corporate finance division MC Vanguard, has said the firm is aiming to sell assets or businesses as quickly as possible to secure the maximum value or much needed investment, with more options potentially available to business owners due to the speed of the service.

Discussing the expanded offer, Brian said: “Our main objective in any business sale is secure the maximum possible proceeds for the shareholders. Managing this process properly takes several months.

“Clients can use the Accelerated service during various urgent circumstances, such as the loss of a key member of the management team, the loss of a major customer, a market change leading to declining sales in a product or service, change in working capital cycles, reduction in margins, or unforeseen costs.”

He added: “Any of these circumstances can put sudden pressure on a successful business and cause rapid loss of value if steps are not taken quickly to address the problem or realise value.”

Speaking further, Brian said that as part of Accelerated, Mitchell Charlesworth’s corporate finance team can also approach potential buyers, assist with transaction negotiations and complete a business or asset sale.