<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title><![CDATA[The Conduit Partnership]]></title><description><![CDATA[Independent advisory for UK owner-managed businesses. Guiding founders through capital raising, managed exits, acquisitions, and strategic growth.]]></description><link>https://www.conduitpartnership.co.uk/blog</link><generator>RSS for Node</generator><lastBuildDate>Sun, 10 May 2026 21:02:16 GMT</lastBuildDate><atom:link href="https://www.conduitpartnership.com/blog-feed.xml" rel="self" type="application/rss+xml"/><item><title><![CDATA[The True Cost of Delaying a Business Sale]]></title><description><![CDATA[Every week we speak to owner-managers who've been "about to sell" for the past three years. There's always a reason. Results aren't quite where they need to be. A big contract has just been won and needs bedding in. The new machine comes online in Q3. A family member might yet want to take over. Interest rates should come down. The buyer pool will be stronger in 12 months. Taken individually, each reason sounds rational. Taken together, they form a pattern. And the pattern costs UK business...]]></description><link>https://www.conduitpartnership.com/post/we-ll-wait-until-next-year-the-most-expensive-sentence-in-uk-sme-m-a</link><guid isPermaLink="false">69e9064425a9c96f142a8f0a</guid><pubDate>Wed, 22 Apr 2026 17:33:23 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/nsplsh_c5fac28f2b264540bc35cea4bc68c945~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Michael Garratt</dc:creator></item><item><title><![CDATA[Seven Things Buyers Look For in Your Accounts]]></title><description><![CDATA["The business did £850k EBITDA last year." That's how most seller conversations open. And in our experience, the number that ends up in a Sale and Purchase Agreement often looks very different from the number first quoted. It isn't that owners are being dishonest. It's that they've rarely looked at their own accounts through a buyer's eyes. Here's what trade and private equity buyers are actually doing when your accountant sends over three years of management information. 1. Normalising...]]></description><link>https://www.conduitpartnership.com/post/the-seven-things-buyers-actually-look-at-in-your-accounts-and-why-most-sellers-get-this-wrong</link><guid isPermaLink="false">69e90548ab5395dde6064281</guid><pubDate>Wed, 22 Apr 2026 17:31:39 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/nsplsh_cf14b4a026d042e2844047b7e8394b53~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Michael Garratt</dc:creator></item><item><title><![CDATA[How the April 2026 BADR Change Affects Exits]]></title><description><![CDATA[On 6 April 2026, Business Asset Disposal Relief jumps from 14% to 18%. For anyone sitting on a qualifying £1m gain, that's an extra £40,000 gone. Not a rounding error. Not something to "look at after Easter." Forty grand, on the difference between completing a deal on the 5th of April and the 6th. And yet I'm still having conversations with owner-managers who think they've got time. A quick recap of how we got here. BADR used to be called Entrepreneurs' Relief. Back then, you got a 10% CGT...]]></description><link>https://www.conduitpartnership.com/post/the-14-badr-rate-dies-in-two-weeks-here-s-what-owner-managers-need-to-know</link><guid isPermaLink="false">69e901fbab5395dde60639f3</guid><pubDate>Wed, 22 Apr 2026 17:19:28 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/nsplsh_2547354ea54f4ac7962368a03e8737bd~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Michael Garratt</dc:creator></item></channel></rss>