Exiting a business
There are many reasons to exit your business including realising your investment in the business.
Potentially the most lucrative method is to sell the business, which could be to the existing management, a new management team, a competitor, a buyer, an investor etc.
A decision to sell should be made as early as possible to enable the business to be "groomed" and our advice should be sought at the earliest opportunity.
The sale process then has four stages as follows:
- Potential purchasers are identified
- Business is advertised and bids are reviewed
- Negotiations lead to a preferred bidder and heads of agreement are drawn up
- Deal is completed after commercial, accounting and legal due diligence has been performed
With ABG Corporate Finance you will receive professional and quality assistance and benefit from our experience. In addition, our team will review the tax implications of the sale to identify the most effective route, maximising the return.