When selling your business, forward planning is essential
You only get one opportunity to sell your business so it is important to get it right. Forward planning maximises your sale price and protects you if you have to sell sooner than you intended — for example to take advantage of new opportunities or because of illness or a change in your personal circumstances.
Amatino has a wealth of experience helping businesses to improve their long term capital value. We provide expert advice on:
- Improving profits: The more time you have to improve profits before the sale, the better. Potential purchasers will want to see evidence of good performance over several years.
- Valuation: It is important to obtain objective advice on what your business is worth and what improvements may be needed to achieve a better price. This might include disposing of underperforming products or services.
- Timing the sale: Depending on your personal circumstances and business sector, timing the sale correctly can be very important. The tax impact in particular requires careful consideration.
- Sector-specific incentives: In certain sectors there are incentives to encourage handing over your business to the next generation. Amatino will ensure you are aware of any relevant incentives and advise you on any steps you may need to take now in order to qualify for these incentives at a later date.
For more information, please contact a member of our team.