A business sale is a one-off opportunity to crystallise the value that owners have invested over the years, often a generation. It is critical to get it right.
Due diligence is a critical element of most business sales. Buyers will always want confidence that they understand the risks and rewards of the business they are buying. If there are surprises, it will give them a chance to chip away at the sale value or potentially walk away from the deal altogether.
Tax has a huge influence on how much cash owners walk away with following a business sale.
When preparing for exit, it’s important to position your business in the best light. One critical element of this is to set out the business’s prospects and trajectory.