If you are in business, one thing you need to consider is your exit strategy. Will you withdraw from the business, leaving it for the next generation, or do you hope to sell the business? If you intend to hand the business over, do you have a workable succession plan? If you intend to sell, how will you value the business, find a suitable buyer, etc.? Are you aware of all the tax implications of the timing of disposals?
The sale of a business is one of the biggest decisions an individual, partners or a family will ever need to make. We can help ensure that all matters are considered, and that the strategy utilised is the right one for the needs of the vendor and the business.
