BUSINESS DISPOSALS

BUSINESS DISPOSALS

Business disposals and exit planning are an important aspect that all business owners should consider, even if you are not looking to leave the company for a number of years yet.  When the time comes though, it doesn’t matter if you are looking to leave your company in capable hands or want to secure as much wealth as possible at retirement, Accountancy Solutions can help you.  We will assist and guide you in terms of long-term strategies for your company and discuss your future goals and ambitions.

BUSINESS DISPOSALS OPTIONS

In our experience dealing with other clients in similar positions to your own, we know there are usually numerous options open to your business that you may not have looked into or even knew about.  For a family-run business though, there are certain questions you need to consider, such as:

  • Is the best option for the company, family succession or would a different exit plan more appropriate? i.e.,  management buy-out or trade sale.
  • Would family succession be the most efficient option with regards to tax?
  • Is my intended plan the best for all family members involved?
  • Will my plan keep the potential of conflicts to a minimum?
  • Is the successor I have in mind actually interested in taking over the running of the company?
  • Does the successor I have in mind actually possess the appropriate abilities and skills required for running the company? 

ADVICE FOR BUSINESS DISPOSALS

Your goal is to make the best deal possible for your company. So, we negotiate the best terms and price for you to maximise your proceeds. From year-end tax returns to bookkeeping, we have the experience, knowledge and skill to offer you a smooth-running accounting service. Our experienced accountants will discuss your objectives so that they can have a clear understanding. We’ll provide you with a thorough evaluation and pinpoint potential buyers for you. Through it all, we’ll handle anything and everything financially so that you can rest easy. 

Unfortunately, at least 60,000 SMEs that are financially viable shut down every year because they were unable to find suitable new owners.  Therefore, to ensure you can maximise the value of your company when you exit it, get in contact with Accountancy Solutions today to see exactly how we can assist you. 

 

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