The ultimate aim of every serious business person is to build a company that has value, so that it can be sold or transferred, allowing the entrepreneur to exit gracefully and profitably.
Recently, we
have been helping a number of our entrepreneur clients develop exit strategies.
There are many factors to consider:
•
When
do you want to retire?
•
Can
the business be sold to your employees?
•
Is
a trade sale more likely?
•
Are
there children involved?
•
How
much is the business worth?
•
What
needs to be done to enhance the value of the business?
•
How
long will it take?
•
Do
you want or need to stay on after the sale or transfer?
•
What
are the tax consequences?
We have a tried
and tested methodology to address these issues and to help you prepare your
business for sale, find potential buyers and help you negotiate to get the
maximum price. If you would like to discuss your personal exit plans, we would
be happy to do so with you — Just give us a call!
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