Exit Planning and Business Disposals
Is It Too Early To Be Planning An Exit?
Arguably a good time to start exit planning is when you set up the business, but the reality is that most owners are too busy building and growing their business to think about it at that stage. Consequently business exit strategy and succession planning is frequently overlooked.
An unplanned approach to retirement or sale of your company will almost certainly not maximise the value of your business or of your shareholding. Starting to plan for your exit at least a few years in advance is the best way to achieve maximum value for your business as well as ensuring a smooth transition.
At Brooking Ruse, we can:
- Review of the current business structure and advise on preparing the business for sale
- Discuss the different options available to you and advise on the possible business valuation and timing of the sale
- Advise regarding actions that will help improve the business value
- Advise on tax matters relating to a sale