To maximise the full business value, business owners need to plan their exit strategy at least 2 years in advance of selling or retiring from their business. Watch this short video to find out what’s involved in getting your business exit ready for a potential sale or succession.
Like many business owners, you have devoted immeasurable amount of work and resources on developing your business. When you are busy with every day operations, it’s difficult to find the time to think about your exit strategy or retirement plan. Developing an achievable exit strategy is an essential task and too few owners give it proper consideration. An […]
As a business owner operating a small business, you will know how time consuming and stressful it can be to grow during changing times. With 2019 set to be another challenging year for small businesses with particular focus on Brexit, managing volatility and facing challenges will be a skill all business leaders need to nurture. The comforting […]
It’s natural to become attached to a business, especially if you have built it from the ground up and even if it is not doing well. Experts advise, however, that business owners should have an exit strategy in place as early as possible. Here are a few reasons that it might be time to start […]
This year sees the 93rd birthday of Queen Elizabeth II, who is the longest serving monarch in British history, but her succession planning has been in place for many years and although it is laid down with the ‘line of succession’ clearly laid out and known to all. It is obvious that other members of the […]
Building a business is undoubtedly a tough job. Of course, most of the owner’s energies go into the day to day issues, winning customers, driving/directing the team and generally firefighting! So, thinking about an exit strategy is never on the owner’s top list of immediate priorities. However, there are many good reasons why the owner […]
Have you made your personal will? Probably; after all, it’s the right thing to do, isn’t it? So why do so few business owners do the same thing for their Company? You want your children to inherit your wealth without undue hassle. But how much thought have you given to who inherits your business; and […]
Over the next 10 years, the landscape of business ownership in this country (and across the globe) will begin to change dramatically. The unstoppable change has already begun as millions of baby boomer business owners begin to contend with retirement and the importance of exit planning. By definition ‘baby boomers’ are people born during the […]