Disposals
The sale of a privately owned business, particularly if it has been a profitable business, usually represents the owner's main opportunity to reap the rewards of the owners initiative and hard work.
There are many steps in the successful disposal of a business. Our work starts with establishing the owner's values, needs and goals. We can assist you with all aspects of disposing your business including:
- Helping to prepare the business for sale
- Developing a strategy for marketing the business
- Preparing a sale memorandum
- Helping to negotiate the sale
- Ensuring that any tax matters are considered and addressed for the vendor
- Managing the transaction to completion.
Recent changes to the Capital Gains Tax regime have had a major impact on business disposals, particularly for the owner managed business. Now, more than ever, effective tax planning advice is a crucial part of the disposal process. We focus on this part of the process above all to ensure that vendors enjoy the maximum possible proportion of the sale proceeds as disposable capital.