Exit planning
Is now the right time to leave your business? Are you prepared?
It’s never too early to think about what needs to be put in place - whether you’re a young entrepreneur selling a successful business or someone looking to retire.
Things to consider:
- Your reasons for leaving - personal, professional, or financial?
- Do you want to cut ties, or retain an element of involvement, like a salary as a silent partner?
- What's coming next for you? Retirement? Another business? Or just a hiatus, with no immediate plans?
- Have you done enough preparation?
- How will this impact customers and clients?
- Is now the best time to make the move?
- What is the actual value of your business?
It might be daunting, but professional and detailed guidance will ensure you get the best outcome – personally and financially.
How we can help:
- Guidance around managing your future finance
- Considering all of your options – for example, management buy-out, succession planning, or winding up completely
- Personal tax implications
- Retirement planning
- The possibility of your decision affecting your mortgage
Get in touch today and let's talk about your exit plan.
