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We all know that it is better to plan things in order to avoid ending up somewhere we didn’t plan to be!
You need to get your business in the best possible shape for an exit – in whatever form that may take.
Careful planning will:
Owner managers can find the prospect of selling or retiring from their business a disturbing one – issues related to the future continuity of the business feature high on the entrepreneurial worry list.
Careful preparation can do much to lessen such fears and will give you an opportunity to establish:
Planning will help you identify where you need assistance, whether that is expert guidance on different exit options, advice on associated tax or other implications or advice on the best way to prepare.
There are a number of very different ways of achieving an exit to consider, and a good quality adviser will be able to help you identify the best options for you, working with your other advisers to align those with tax planning. Having a plan enables you to focus your efforts on your business and what is required to achieve your exit goal.
“A goal without a plan is just a wish” Antoine de Saint-Exupéry
Our Business Team are experts in advising and assisting business owners with their exit strategy, please contact me if you would like to discuss your options.