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Free event in Oswestry to help you plan your businesses succession...

For many business owners, the demands of running their business day to day mean they rarely have the opportunity to think about their long-term future. However, without taking some time to work “on” rather than “in” the business key questions can remain unanswered.

If you are already thinking about exiting your business, whether by family succession or a sale then this session is essential for you.  However, a successful exit from a business can be years in the making, so if succession is on your agenda at any point in the next few years this session will be an ideal start to that process, helping you to maximise your eventual return with the minimum of stress!

This free event will cover a number of crucial areas of the succession planning process, including:

  • Preparing your business for succession and how to make sure your business is in the best shape possible for the future.
  • Understanding what value you need to fulfil your dreams is critical to knowing when the right time is to hand the business on
  • Exiting your business is one of the biggest decisions in anyone’s life so understanding who may be interested in buying your business and what the process involves is key
  • One of the least well understood aspects of raising finance for a business, the right private equity investor has the potential to allow a business to achieve its full potential and more.
  • If handled properly the sale of a business can be extremely tax efficient – but there are plenty of traps for the unwary which can lead to some unpleasant tax surprises
  • The reality – a good adviser will lead you through the process from start to finish, but the only way to understand what it is really like is to hear the experiences of someone who has been there and done it!

Leaving succession to chance is a recipe for stress and heartache. We advise you properly plan for your business's future by making sure your succession plan and any potential successors are aligned. This can make the process much smoother and less stressful in the long run.

Book here - www.whittinghamriddell.co.uk/yourwayout

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