Selling your business

If you own a business it pays to start thinking about your exit strategies as early as possible. If you want to sell the business to a third party or list on a stock market, it is important that the affairs of your business are all in order, for example:

• all employees should be engaged on up-to-date employment contracts and employee handbooks should reflect current law;

• contracts with key suppliers and customers should be documented;

• you should try to settle any ongoing disputes;

• allow sufficient time for tax-planning in order to benefit from tax reliefs such as entrepreneurs’ relief.

Our Business Healthcheck product is ideal for business owners who want to be proactive about their exit plans as it offers a selection of fixed fee reviews based on different aspects of a business. Click on the online product to learn more.