When looking to leave a business, either by selling or passing it on, there is more to consider than simply a price. The value of the business will be considered by the tax authorities, as well as considering the impact on staff, and clients.
Exiting a business can be a stressful time for every business owner, often leaving a business can be emotional and letting go of something that you have spent most of your career building up can be destructive when trying to get the best outcome.
At OS Accounting we have helped many business owners sell their business, in the most tax efficient way whilst giving them the comfort that they have left their business in safe hands.
It is vital to have successors that you trust, and be available to guide the staff and new owners through a transition. We can help advise you on the best way to move on from your business and coach you through all of the logistics attached to it.
You might also need help with ascertaining a value of your business, we can help with our business valuation service.
If you are thinking about how to retire, or move on from your current business, please contact us for help