Post Holiday Blues: Time to sell up?

Business owners returning from holiday might well now be toying with the idea of ‘selling up’. Being away from the business was great for your wellbeing and there were no never ending e-mails or tricky people problems to sort out. With Inheritance Tax changes on the horizon and a rapidly changing business landscape, perhaps you should join the other Gen-X business owners who, post Covid, have decided to exit their business?
If this is you, let us help you with deciding:
- How:
- Natural family succession
- Purchase of own shares
- Sale to workforce (as an MBO or via an Employee Ownership Trust)
- Sale to unconnected party (Industry related or private equity)
- Trade cessation and liquidation
- When
- Structuring it tax efficiently
- Creating the ‘ideal’ business to sell
Get In Touch
Our Corporate Finance advisers can guide you through the options and the process if you decide to proceed and help you turn the page. If you would like more information or advice on the matter, please contact your local Whitings LLP office today.
Disclaimer - All information in this post was correct at time of writing.