EXITING YOUR BUSINESS

Very often business owners give a lot of thought to how to establish and run their business, but not as much thought to how they will exit the business.

The first thing is that where you can, you should develop an exit plan at least two or three years before you wish to exit.  This gives time for your personal tax affairs to be put in order to reduce your tax liability on exiting; and gives you time to make any changes to the business to make it more saleable.  Kay Johnson Gee has significant experience of advising business owners during this time.  We can advise you on the value of the business; as well as the different exiting options such as a pure sale of the business, a Management Buy Out, or a family succession; and the tax implications of your exit.

We also offer Retirement Planning Advice, to help you decide when you can retire.