Exit focus cannot be underestimated. The first step for the seller is determining the type of business sale to proceed with.
Before the viable route to undertake is established, it is important to consider all options available. In order to help determine this, the business should be independently valued before entering into negotiations.
The resulting tax implications for each route should also be observed in ascertaining the optimum viable exit. Specialist accountancy advice should therefore be sought at the outset of exit considerations.
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