Every business owner will have to face at a point of time the transition of ownership and the succession of management of his/ her business. This is the most difficult challenges that they will ever encounter. Business owners have devoted their lives to their business and suddenly they have to decide what will become of the organisation, and what will be the return on what is likely their most valuable financial asset.
Our expertise advising business owners to exit their business has demonstrated that it is an area in which they are poorly prepared. The critical—and complex—decisions they will be confronted with in this process occur only once in a lifetime. They have no idea of the monumental task surrounding their exit.
Should the business be sold? When should it be sold? How is the business to be valued?
Should there be an outright sale? Should it be sold to a minority interest? Should the business envisage an IPO? Transfer the business to employees? Transfer the business to family members? Should it be recapitalised?
Very often goals of seller and buyer are divergent; the tax, funding and legal implications of the transaction can make a great difference on the net proceed of the deal. All these complex choices can quickly become provoking.
We hope that this blog will help business owners in the development and execution of an effective exit strategy. We will explore:
Please share this link with your friends
If you envisage to transition out of your business in the near future and would want to explore what you should do please do not hesitate to call Jean-Bertrand de Lartigue on +44 1656 766 363 or e- mail him at JB@macint.co.uk