Succession and Exit
Succession cover story – IFA
To ensure you can sell your own business for maximum value, you need to start early. External factors such as the GFC or the European crisis can have a devastating impact on the value of a business. Similarly, death, sickness, divorce or partnership disputes can send a seemingly successful business into administration. With 55% of all business exits being a failure, it’s imperative you start your succession plan now. This article details several key aspects that will enable you to maximise value and sell your own business successfully.