Exiting Your Business
At Bevan Buckland LLP, we understand that exiting a business is one of the most significant financial and emotional decisions a business owner will face. Whether you’re planning to retire, sell, or pass your company on to the next generation, having the right exit strategy is crucial to securing the value you’ve worked so hard to build.
How we can help
With significant experience in guiding businesses through the complexities of exit planning, we offer strategic advice and practical support to ensure a smooth and successful transition. Our team of seasoned accountants, financial advisors, and tax professionals is committed to helping you achieve maximum value from your business while mitigating any risks involved.
What are the different types of business exits?
There are various ways to exit a business, and the right choice depends on your objectives, business structure, and market conditions. Below are the most common types of business exits:
Sale of the Business
- Third-Party Sale: This is one of the most common exit strategies involving the sale of the business to an external buyer, such as another company, private investor, or private equity firm.
- Strategic Sale: Selling the business to a competitor or company in a related industry that sees value in your business’s unique assets, technology, or market share.
- Management Buyout (MBO): In an MBO, the current management team purchases the business, often with financing. This option allows for continuity and can provide a smooth transition for employees and clients.
Merger
A merger involves combining your business with another entity, creating a larger organisation that can leverage economies of scale, resources, and market positioning.
Family Succession
Suppose your goal is to keep the business in the family. In that case, we assist with succession planning, ensuring that the next generation is well-prepared to take over leadership and ownership, focusing on minimising potential tax liabilities.
Liquidation
In some cases, liquidating the business and selling off its assets may be the best option. This strategy can be considered if the business is no longer viable or other exit options are unsuitable.
Our Business Exiting Services
We work closely with you to develop a comprehensive exit plan that aligns with your personal goals, business objectives, and financial needs. Whether your exit is imminent or years away, we will help you design a strategy that prepares your business for a seamless transition.
Understanding your business's true worth is essential for an effective exit. Our certified valuation experts use advanced methodologies to provide an accurate and realistic valuation, ensuring you get the best possible return.
A well-thought-out exit plan can significantly reduce tax liabilities. Our tax specialists are adept at navigating complex tax codes and regulations to minimise your tax burden and maximise your after-sale profits.
If you're planning to transfer ownership within the family or to key employees, our succession planning services ensure a structured, fair, and transparent process. We help identify potential successors, manage the transition, and maintain business continuity.
When selling to a third party through a merger, acquisition, or strategic buyout, we provide hands-on support during negotiations, due diligence, and closing. Our M&A advisory team helps structure deals that protect your interests and maximise your return.
Safeguarding your wealth post-exit is as important as the sale itself. We provide strategies to manage potential liabilities, ensuring your personal and business assets are protected during and after the transition.
