At some point in time the current owners of the business will require to exit the business – this could be a sale, management buy-out or simply closing down the operations.
To achieve the maximum sale proceeds it is important to develop an exit strategy. This involves making an assessment of the available options and understanding your objectives.
The business needs to be in the best possible state to achieve a sale:
The timing of the sale can be crucial in minimising the owner’s tax liability.
