Reasons for selling:
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The Managing Director is the only shareholder in the business and he has decided to sell the business to allow him to follow a broad range of interests and pursuits. He anticipates that the existing management team will form an integral part of the ongoing success of the business. |
Market competition and expansion:
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The company does have a fully optimised web site that accounts for roughly ten percent of the revenue. The main marketing activity is carried out by the sales director. |