For most small and medium sized businesses, there will come a time when the owner or owners decide to sell. This decision may be taken for any number of reasons but is usually to reap the benefits of the years of hard work spent in running the business by receiving a financial reward in the most tax efficient way.
Selling a business can be a stressful experience and requires a good deal of forward planning in order to achieve the required result and minimize the tax liabilities.
We can assist in this process of planning and, of course, in the sale itself.
Purchasing a business can be equally stressful, particularly so when it involves embarking on the process as a life-changing venture.
Increasingly in the modern world, purchasing a business is seen as an effective way for a small or medium sized organisation to expand and grow, or, a management buy-out can be a mutually beneficial.