Business exit planning

When you start a business, you may not be thinking about how it will all end. However, every business has a lifecycle, and an exit strategy is a key element of any business plan.

Despite this, a great many business owners fail to plan ahead for the time when they want to exit the company.

Succession and exit planning need to start well in advance of a business sale or retirement date to achieve great results.

Part of the planning process involves working with experts who can not only provide ongoing accounting, tax and strategic advice in the run-up to the exit but can also take on the role of lead advisor during the transition period.

Our friendly and proactive team can help with:

• Business sales
• Business mergers
• Management buyouts
• Succession planning
• Employee ownership trusts

A long lead-in also provides enough time to take the necessary steps to ensure you maximise Business Asset Disposal Relief (BADR), which reduces capital gains tax (CGT) on the sale of your eligible assets.

To help you get to grips with preparing your business for exit and BADR, please download our latest guides