Directors and Business Owners
Exit strategy
You have grown and developed a profitable business. You can see a point in the future when you would like to realise the fruits of your labour and release the value of your assets.
- How are you going to do that?
- Sell to your business partners?
- Management buyout?
- Trade sale?
- Maybe a floatation on the Alternative Investment Market or a full listing?
- Are you subject to a Shareholders’ Agreement or other binding structure that dictates your alternatives?
- Will you be retiring, or reinvesting the proceeds into another business venture?
- What tax reliefs are available and how can you make best use of them?
These are important and potentially complex issues that need to be considered well in advance of your planned sale. If you are selling to business partners or your management, can you help them make sure that they will be able to raise the funds to buy you out? If planning a trade sale, have you structured the firm and your own remuneration in a way that makes it attractive to potential buyers? Can you extract the full value of the business in the most tax-efficient way?
BNH can help you consider the alternatives. We can work with your other professional advisers or introduce you to specialists in the field to create a flexible strategy for you to release the full potential of your business assets. If you would like to discuss any of the issues here please contact us.
Ditchling, East Sussex
