Get your Business sale ready – Sold Magazine Nov (2009) - Succession Plus

Free Webinar – Maximise the Value of Your Business – Register Now

Get your Business sale ready – Sold Magazine Nov (2009)

Succession and Exit

Get your Business sale ready – Sold Magazine Nov (2009)

By , February 17, 2015

Selling a business successfully requires preparation, however most business owners aren’t entirely sure what actually needs to be done. One of the first questions you need to ask yourself is ‘is my business structure the most appropriate structure in terms of capital gains tax and family wealth planning?’ The structure of a business going through a trade sale will differ substantially to the structure of a business going through an intergenerational handover. Subsequently making your business more attractive, increasing your business’ value and reducing your CGT will ensure you achieve a successful exit.

Craig West

Craig West

Managing Director | Succession Plus

Craig West is a strategic accountant who has over 20 years’ experience advising business owners. His background as a CPA in public practice, provided invaluable experience in the key issues of concern to business owners. Following 6 years of study to gain two masters degrees, Craig focused on Capital Gains Tax (CGT) for business sales advising on strategic management of tax issues. This experience formed a very strong view that business owners (and often their advisers) were unprepared and unaware of the steps required to prepare a business for exit.

Craig now acts as a strategic mentor for mid-market business owners and has written four critically acclaimed books on employee incentives, succession planning, asset protection and exit strategies. Craig has conducted numerous seminars and keynote presentations throughout Australia & internationally, including adviser education programs for the Institute of Chartered Accountants and CPA Australia.