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SELLING A BUSINESS

Selling a business is a complex process.

Planning the sale is critical if you wish to obtain:

  • the most money
  • with the least tax payable
  • on as many of your own terms as can be achieved.

For example-

Would you rather sell for £3 million or £4 million?

But:

Would you feel differently if the higher figure tied you in for 2 years, and the lower one for only 6 months?

Could you honestly work for someone else at your age, having made all your own business decisions until now?

Would you be unhappy if you discovered that the extra £1 million could have been achieved by careful tax-planning if you’d started it early enough?

Or if it could have been achieved by knowing the true business valuation before starting the sale process?

These are very real situations that we can help you with.

 

 

   
More than 98% of
business owners have
not planned their exit!
It is vital to begin
planning an exit
at an early stage
if it is to be a success.

The Institute of Chartered Accountants October 2005

 
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