The second event in the Cambridge Enterprise and Technology Club's 2004/5 calendar (on Thursday, 28th October 2004 at St John's Innovation Centre) addresses the issue of business valuations.
CETC Event: Your Company: What's it worth?
We will tackle this issue from three different angles, all of which bring an inevitable trail of horrific war stories - not for the faint-hearted! This event is an excellent opportunity to learn lessons from those who have experienced the highs and lows of buying and selling businesses. Realising the full potential of what, for some people, is their life's work represents a real challenge - our event will help you to meet that challenge head-on!
Laurence Garrett is responsible for a portfolio of exciting local businesses in his role as head of 3i in Cambridge. He will share with us his ideas for managing businesses with a view to increasing their saleability and market value, in order to achieve a successful exit strategy. Laurence has sat on the boards of Cambridge Silicon Radio, Ubinetics, Trigenix and Elixent Holdings.
Stephen Fenby, a Corporate Finance Director at Deloitte in Cambridge, has successfully facilitated many company disposals over the last few years in what has at times been a difficult economic climate. Stephen will highlight important considerations in the process of attributing a value to a business and in conducting negotiations.
Finally, Martin Davies will provide details of his first-hand experience of selling his business, BioRobotics, in 2001. Martin's story is in many respects a success story, the final sales price exceeding initial expectations. However, as ever, there were many important lessons learnt along the way.
The event will be chaired by CETC Committee member, Simon Kite.
Finger buffet from 6:00pm. Talk starts at 6:30pm.
Cost: Free to CETC members, 10 to non-members. Booking (with payment, if a non-member) is essential. If you wish to attend, please email (email@example.com) or telephone (01223-720256) providing your name, company name, telephone number and e-mail address. If payment is required, please send your cheque (made payable to CETC) to:
Guy Mulley, Hon Secretary CETC
c/o NW Brown Employee Benefits
16-20 Regent Street
Cambridge, CB2 1DB
The Cambridge Enterprise & Technology provides a networking forum for business people, academics, technologists and service providers, together with a unique opportunity to learn about cutting edge technologies.