Business for sale

Business description

The business was originally formed by a merger in the mid 1980s. The Company provided executive search, primarily for the printing industry, but also for the paper and printing industries. In 2002 the Company was acquired by a privately owned business. The business has grown since then through its reputation for providing a professional, discreet, and personal service to the industries that it serves, mainly in the UK, but increasingly in other parts of Europe. The Company is mainly engaged in executive search (headhunting), and to a lesser extent in interim management and supplying candidates from the database. Virtually all assignments start with a “blank sheet”, agreeing a full brief for a position, and extensive research to identify suitable candidates. Candidates are then assessed, and a short list agreed. Psychometric tests are carried out as part of the service. Virtually all assignments operate on a “retained basis”. This means that normally fees are invoiced in three stages. The first stage is when the assignment commences. The second stage is when the report is presented to the client; and the third stage when the selected candidate formally agrees to an offer. In nearly all cases all expenses are reimbursable, invoiced with fee stages. Business is gained mainly through recommendations and referrals. Marketing costs therefore are minimised.