You planned your business, but have your planned your way out?
When you start a new business, or as you develop strategies and plans to grow an existing business, you need to think about your exit strategy.
The exit, or need to exit, will largely be determined by the rationale for being in business in the first place.
Are you trying to establish a lifestyle business that generates income without plans to sell it in the future? Are you building equity in a business that you may want to transform into cash?
Depending on your goals, the type of business you choose and the way you grow it should be aligned with your end-game objectives. Start with you end goal in mind and work towards that goal each day.
How do we help?
We demonstrate how you can build value and equity in your company that will be of value to a third party. Primarily we work alongside you assessing if there is demand that can not be readily replicated for less than the value of your business.
If we can demonstrate this, then there is value in your business. Ultimately, business value is derived as the purchaser deems it quicker, cheaper or easier to make an acquisition rather than start from scratch.
After working with us, you can expect to see:
- your exit plan including a likely timescale to achieve your goals.
- an indication of the most tax efficient method of exiting your business.
- a range of valuation outcomes and understanding of how this could change depending upon the drivers that underpin the valuation.