What’s Your Exit Strategy?
Nigel Simmons
Accounting professional using my experience (good and bad!) to help businesses realise their ambitions.
Recently, we have been helping a number of our entrepreneur clients develop exit strategies.?There are many issues 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/need to stay on after 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 negotiate to get the maximum price a buyer feels your business is worth. If you would like to discuss your personal exit plans, we would be happy to do so with you.
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3 年some people enjoy their company and want to keep it long term.