Frequently Asked
Questions
Everything founders ask us before working together — grouped so you can jump straight to what matters.
Who We Are & What We Do
No. We help businesses from idea to exit, and a large amount of what we do never involves a transaction at all.
Volando is a growth advisory firm that also runs M&A processes, and the growth work usually comes first. We take board-level roles inside businesses and work on the things that decide whether a company gets bigger: what you sell and who you sell it to, how you price it, how you build a sales function that works when the founder is not in the room, how the team is structured, and how you are seen in your market.
Some of those clients eventually sell, and we run that process when they do. Plenty of others have no intention of selling. They want a business that grows faster, runs better and depends on them less. That is a perfectly good end in itself and we are built for it.
A consultant diagnoses and recommends. A growth advisory partner gets involved in the execution.
Here at Volando, we sit alongside founders as board-level operators — attending leadership meetings, working through commercial challenges, and taking responsibility for outcomes alongside the team. We are not paid to produce strategy decks. We are aligned to the results.
An M&A (mergers and acquisitions) advisor guides a business owner through the process of selling or merging their company. The role covers preparing the business for sale, identifying and approaching suitable buyers, managing the deal process, and negotiating terms to maximise the outcome for the seller.
At Volando, we take what you might call a scalpel approach. Most brokers will market a business to a long list of 50 buyers and hope for the best. We work the other way — we usually know who the likely buyer is before we go to market, meaning we can build a tight, strategic business list around that. It is a surgical rather than scattergun approach — hence the name — and it results in better outcomes.
Because we come from an operator background ourselves, we also know how to tell the strategic story. We understand why a specific buyer should care about a specific business, and we build the narrative around that. The result is a process that feels personal, moves faster, and lands better.
Any size — we help businesses from idea to exit, and we mean both ends of that. We work with founders still building their first proper revenue, businesses turning over a few hundred thousand pounds, and companies at £20m and above preparing for a transaction. The work looks different at each end and is priced accordingly, but it's the same door.
We don't set a revenue floor, which makes us unusual — if you're building something and serious about it, we'll have the conversation. At the earliest stage, before there's real revenue, that's The Nest: shorter, lighter, and more hands-on than a growth partnership, helping you find product-market fit, raise capital, and make the first hires count. If what you need is customers rather than advisors, we'll tell you that instead of taking a retainer.
Because that's where a lot of the value is, and because somebody must. The industry standard is a floor of around a million in turnover — below it, founders are told to come back when they're bigger, so they make the decisions that will define the next five years without anyone experienced in the room. It's the single most under-served part of the market, and it's why we built Volando this way.
It's also where our advice tends to have the most visible effect — the calls a founder makes early about who to sell to, what to charge, and who to hire compound for years, for better or worse. Working with a business at £500k isn't a smaller version of working with one at £15m; it's often the more consequential piece of work, and the shape of it is different too — less about scaling an existing engine, more about helping a founder choose where to focus a small team well.
Founder-led businesses of any size, provided they are revenue positive. Most often in sports, media and technology, though our partners have run and sold companies across adtech, fintech, martech, data, hospitality, travel, retail, health and sustainability.
We also work with private equity backed businesses. Our team has been on both sides of that, as operators inside PE-backed companies and as advisors running PE sale processes, so we know what institutional investors expect and how to position a business accordingly.
No — in fact, the earlier the better. Some of our most successful client relationships started two or three years before an exit. If you are thinking about what your business could become, or starting to wonder what an eventual sale might look like, that is exactly the right moment to have a conversation.
No pitch, no obligation — just an honest discussion about where you are and what the path forward looks like.
How We Work
It is a short, structured look at the business through an outside operator’s eyes, and it is free of obligation.
We start with a conversation to understand where you are and what you are trying to achieve. If it makes sense to go further we ask for a handful of documents, usually your last three years of accounts, your forecast, revenue by client, your organisational structure and your plan. We then take you through the 6Ps in a half-day session with your leadership team.
You come out of it with a clear read on where the business is strong, where it is losing time or money, and what the realistic options are from here. For some businesses that is a growth plan. For others it is a genuine choice between carrying on and building, bringing in investment, or starting to think about a sale. We will tell you which we think it is.
If we are not the right firm for you, we will say so and point you somewhere better.
It is the structured lens we use to work out where growth is being left on the table — covering everything from what you sell and how it's priced, to your team, your pipeline, your market position, and what the numbers say versus what the dashboard shows.
Rather than a diagnostic questionnaire, it's a working session with your leadership team that surfaces the one or two things quietly capping growth, and the order to tackle them in. The same areas are what a buyer will look at if you ever sell — which is why it works at both ends of the business.
Exit readiness comes down to four things: clear financials, a predictable revenue model, a management team that doesn't depend entirely on the founder, and a clear story about what the buyer is getting.
Most businesses aren't fully ready when founders first start thinking about exit, and that's normal. The value of working with an advisor early is that you have time to fix what buyers will flag, rather than discovering it mid-process when leverage disappears.
We take a board-level or leadership role and turn up on a regular rhythm, usually a monthly leadership meeting plus whatever the current piece of work demands in between.
Early on it is heavier, because we are getting inside the business and working through the 6Ps. After that it settles into a working pattern built around two or three priorities at a time, with one of us owning each alongside a member of your team. You get direct access between sessions rather than having to book a call with an account manager.
The point is that we are in it with you. If the priority this quarter is rebuilding how you sell, we are helping write the pitch, sitting in on the calls and reviewing the pipeline, not reviewing a report on it.
It depends on the stage. Early acceleration work is typically shorter and lighter. A full growth partnership usually runs 18 to 36 months, which is roughly how long it takes to change the trajectory of a business and have the numbers prove it. A transaction process runs 6 to 12 months from launch to completion.
We work on a retainer through the advisory phase and a success fee on completion of any transaction. Where we are working closely with a business we will often take an equity stake alongside the founders, which means we are rewarded when you are rather than by the hour.
A typical founder-led business sale takes 6 to 12 months from launch to close. From the moment a founder first decides they want to sell, the full journey — including preparation — can take 2 to 3 years.
The key thing is you never stop running your business while this is happening. The process runs alongside it, and we continue to help you grow and strengthen the business throughout, not just at the point of sale.
Growth & Exit
They are the same work seen from two angles. Everything that makes a business more valuable to a buyer also makes it a better business to own: predictable revenue, clean financials, a leadership team that runs without the founder, a clear story about who you are for.
That is why we do both. Most firms sit at one end. Growth consultants hand you over to someone else when a deal appears, and M&A advisors arrive when the business is already built and spend the first three months learning it. If you work with us on growth and later decide to sell, we already know the business, and the process is faster and the outcome is usually better for it.
It also means you never have to decide up front. Plenty of our clients start with a growth problem and have no view on exit. Some of them sell three years later. Some never do. Neither changes what we do for them in the meantime.
Most M&A advisors get involved when a business is already ready to sell. Growth advisers work earlier — helping founders build value before the sale process begins.
Volando does both, and deliberately so. We take businesses from early growth through to exit, which means we understand the full journey. When we run an M&A process, we know the business deeply — which makes for a better outcome.
We support through integration where that is needed. Many deals fail not at the point of sale but in the months after, when the integration is poorly managed or the acquired team loses momentum.
We help founders and new owners navigate that period, whether it means staying involved as an advisor or stepping back with a clear handover plan.
That is fine, and it is more common among our clients than the rest of this page might suggest.
Not every founder wants an exit. Some want a business that throws off profit and does not consume their life. Some want to pass it on. Some just want it to be bigger and better run. The growth work is the same either way, and we are not going to spend our time steering you towards a sale you do not want.
Yes. Raising is a large part of what we do at the earlier stages.
The work is getting the business into a shape investors will fund, which is mostly about evidence: showing that the revenue is repeatable, that you understand your unit economics, that the team can execute, and that the market is big enough to justify the round. Then it is the plan, the deck, the model and the introductions.
Our partners have raised substantial growth capital and we have relationships across the investor community, so we can usually shorten the list of people you need to speak to.
The easiest way is to reach out directly via our contact page. We have a short introductory call to understand where you are and whether we can add value — no obligation, no pitch.
If we are not the right fit, we will say so and point you in the right direction.