Accounting is not just about crunching numbers. The new era of accounting is about personalisation and specialisation for the market segment with the maximum potential for growth. This means that we only work with partners with the right foundations in place. Then, our job is to take your business to the next level and help you grow.

exit planning 

When you start your business, the focus is naturally on set up, growth and profits. 

However, it is also essential to have an organised business plan that includes what you might consider when selling your business. 

Here is some advice on exit planning.

Imagine you are the founder of your business (typically a limited company) and it is entirely dependant on your skills. 

However, you want to leave the industry, but to all intents and purposes, the business ceases to exist. 

Some examples of such businesses include freelancers, consultants, tutors, painters, carpenters, and so on. However, even companies with a few employees who depend greatly on the founder can have this problem too. 

Needless to say, businesses that are owner-managed but are sustainable in their own right will have a higher value to potential buyers. 

Most businesses are somewhere in between the two examples mentioned above. 

So, with some help from us and your forward planning, it should be possible to move your business towards becoming sufficiently self-sustaining so you can sell it when you are ready.

Unfortunately, there is no such thing as a simple exit plan

It is not just a case of setting up a company, making it bigger, more profitable and selling it on. 

There are a few types of exit plan:

  • A business sale after a severe illness or death
  • A management buy-out or buy-in
  • A staggered exit or reduction of ownership because a new investor has come on board
  • A defensive exit, if you have personal guarantees for borrowing because your business is struggling
  • A family business succession

We are happy to help you with your exit planning. 

It does not matter whether it is advice or information about starting and growing your business or planning for succession and selling it.

Our specialist teams are here to help.

To learn more, get in touch with us today.

We have grounded the foundations of our partnership with you digitally. Now, it is your turn to take the next step. Get in touch to formalise your ticket to further growth with us.

Keywords:  Exit Planning