Exiting your business
Planning to exit your business isn’t always top of the list of priorities – especially for owner managers. But if you want to maximise the benefit of all your hard work, it makes sense to plan early about how you might sell or pass on your business.
As a general rule, we advise clients to begin preparing their exit strategy a good five years before they plan to sell to maximise the value of their business on sale.
Family businesses often have their own issues to consider, with complex matters to navigate around succession planning and enabling the next generation to take the business forward.
In working with you, we would seek to understand your long term plans and help ensure you have the right processes in place to give you a range of worthwhile options when the time comes to move on.
Our corporate finance team can help you understand the value of your business and work through the options available which suit you and your future aspirations, while our tax team will work with you to minimise your tax liabilities.