The Hire Association of Europe and Event Hire Association (HAE EHA) has announced that it has teamed up with The Hire Exchange Ltd, the specialist advisory to offer HAE EHA members confidential advice on how to go about buying or selling a hire business.  The service is free and without obligation.

The HAE EHA Business Sales Advisory Service will help members better understand the issues and process, the dos and don’ts, valuation, saleability, timing, and costs.

It reflects HAE EHA’s commitment to supporting members in key aspects of their business and there are few more important or challenging than buying or selling a business. The service can be accessed through The HAE EHA web site under Products and Services.  

 Simon Rainer: HAE EHA Director of Customer Services and Products commented.

“We have been aware for some time of the need for the HAE EHA to provide help and guidance for independent business owners who want to sell their business.

Over the last 2 years, The Hire Exchange has achieved considerable success and built a reputation as the go-to place to buy or sell a hire business. Their unique combination of expertise and experience in both the acquisition process and the tool and equipment hire sector makes them ideal partners to deliver this HAE EHA initiative.”

Chris Harvey, Director at the Hire Exchange commented.

“We are delighted to be partnering with HAE EHA to help members understand what is involved in buying or selling a business. It can be a bit of a mine field, particularly for those who have not done it before. It’s is a big decision and it is essential that sellers understand how to approach it. We take that responsibility very seriously indeed.”