Whether you are approaching retirement or perhaps just worried about Brexit and wanting to extract some of your value, deciding on the best approach can be daunting.
Just some of the questions on your mind might be:
- What options are available to me? I think I will probably just have to sell to a competitor?
- I would love to sell to my management team, but I don’t think they can afford it?
- I think I should sell to trade but how can I maximise the value I achieve?
- How do I find someone to buy my business?
- I want to exit my business cleanly – what legal issues do I need to consider?
- How much tax will I pay if I sell my business?
- Is my business in a position to sell and if so what value am I likely to achieve?
- How can I protect my business legacy? I don’t want a buyer who doesn’t look after the employees
- How would my management team fund a Buy Out?
- I have some non-business assets in my company – how do I get them out tax efficiently before I sell?
- I don’t really want to sell all my business but how do I partially exit or just realise some of the value?
- Is now a good time to sell my business or should I wait?
With so many questions to answer, moving forward with your exit plans can be a daunting prospect. However, with valuations high, the mergers and acquisitions market buoyant and the range of funding options greater than ever, now is a great time to start considering your options.
With the correct advice from advisers who have been through the process many times, the fog can begin to lift, and the way forward can start to look clearer. If you would like to discuss any of the above questions, then please give us a call, and begin your journey with us today.
Other recent articles;
- VAT when buying or selling a business
- I'm looking to fund my businesses - a guide to raising finance
