Latest News
Exit Strategy – are you ready to go?
It can take up to five years to get a business into shape for exit, according to Coutts, the private bank. A staggeringly low 7% of businesses offered for sale attract a buyer, primarily due to not being marketed actively or professionally.
Business owners should consider their preferred exit strategy at the early stages and should build an exit path into their business plan.
Your individual plans for succession should shape the steps to take, years before any transaction is made. Whether you sell to a third party, or gift or transfer to a family member or employees, it’s never too early to plan for your departure.
Take six steps to prepare your business for your exit. Find out more by clicking the link below.
Updates
Do you want to give your staff a tax free incentive?
We are often asked if there is any way of paying staff an additional bonus without it incurring the usual tax and NI payments. By the time the employee has the deductions taken off, the gesture can often seem rather under-whelming.
We have identified some of the tried and tested schemes which can be easily implemented. Check out our list to see if you are making the most of the tax-free incentives which are currently available.
Company / Product News
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