The ultimate aim of every business owner is to build a company that has value, so that it can be sold or transferred, allowing them to exit gracefully and profitably.

The COVID pandemic has led many people to re-evaluate their priorities and we have seen an increase in the number of clients seeking advice on developing exit strategies.

There are many issues to consider:

  • When do you want to retire?
  • Can the business be sold to your employees?
  • Is a trade sale more likely?
  • Are there children involved?
  • How much is the business worth?
  • What needs to be done to enhance the value of the business?
  • How long will it take?
  • Do you want/need to stay on after sale or transfer?
  • What are the tax consequences?

We specialise in developing tailored exit strategies that help our clients realise the true value of their business and when the time is right help prepare for and negotiate the sale.

If you would like to discuss in more detail any of the issues raised in this article with a member of our team, please call 01772 741200