selling your business
Selling your business could be the most important financial deal you will ever do. It can also be emotional especially if you have spent years building the business up. If you have never gone through such a process before you might not know what to expect or what the pitfalls could be.
Our extensive knowledge of the disposal process combined with our network of contacts is one of the strongest in the UK mid-market. As a result, we can guide you through the entire process providing support, securing the best possible price and fitting round your timescales.
planning for sale / exit
Everyone has an end game, or should have. The question is: how do you get there? We believe there are four core features:
- exit strategy creation
- grooming your business towards this
- valuing the business
- identifying the right exit (type and time)
We can help identify your objectives and then support you in deciding how to get there, maximising areas of strength and addressing any weaknesses. Then, at the point of selling, we will provide clear and definitive advice, taking into account our experience and our market knowledge.
In our experience, planning has the most impact on the grooming process if started between one and three years from the proposed transaction date. This allows time to influence key factors impacting value and reduces the chances of other priorities diverting your attention from it.
You may also wish to consider converting some of the wealth you have built up in your business into capital by selling all or part of it before April 2010 whilst the capital gains tax rate is still 18%. Even a simple restructuring of your business operations could have potential tax savings.
It is possible or even likely that CGT rates will have to rise in the future.
If you also qualify for Entrepreneurs Relief, this could make selling before April 2010 all the more beneficial.