There are numerous reasons why one part of a business partnership may want to exit the business; preparing in advance for all eventualities will ensure a fair distribution of wealth which does not destroy the business. 

Planning

One of the hardest decisions to make is knowing when to leave a business in which you have invested considerable time and effort, yet having a clear strategy and realistic action plan can make this process easier for all.  We have helped many owner managers develop possible exit strategies; where possible at the outset of a new partnership we will help plan an exit strategy which can be implemented at a later stage. 

Selling the business

By far the most popular exit strategy is to sell the business, either selling your share or seeking a new owner for your business.  We can manage the entire process, from valuing and preparing the business for sale, to finding suitable purchasers and negotiating the sale.  Our considerable experience and expertise ensures that you realise the full business value. 

Tax planning

For both sole traders and limited companies there are legal tax implications of selling your business; equally importantly, we will help you plan the disposal and advise you about your tax liabilities.

It helps to have a clear strategy and realistic action plan.  We have helped many owner managers prepare and sell their businesses.  We can manage the entire process, from valuing and preparing the business for sale, to finding suitable purchasers and negotiating the sale.  Our considerable experience and expertise ensures that you realise the full business value.  Equally importantly, we will help you plan the disposal to minimise your tax liabilities.

Contact a member of the team to find out how we can help you create a successful exit strategy.