Business exit strategies

You may not be planning to sell your business just now, but a good exit strategy could ensure you get the best price for it in the future – or pass it on tax efficiently to your heirs or successors.

You work hard to make sure your company succeeds. And while it's tempting to delay thinking about selling a business or preparing to move on, the sooner you consider situations like these the better you can prepare for them:

• Passing on your business to your children or family
• Selling a business to directors, partners or staff
• Selling a business to another company or individual
• Floating your business as a public company
• Winding up your business
• Minimising your tax liability
• Planning subsequent ventures.

Come to THP for advice on these issues and we'll help you draw up an exit strategy business plan and provide you with guidance on:

• Minimising tax when selling a business
• Valuing your business
• Identifying a buyer
• Planning for a smooth business transfer
• Choosing the best time for selling a business.

So, if you haven't planned what will happen to your business (or your share of a business) in the future, start by asking THP to work with you to create an exit strategy business plan that's based on your wishes and best interests – or those of your family or heirs.

Call us on 0800 6520 025 today – we'll make sure your exit strategy isn't left to chance.