If you run a business, you’re probably too busy to find much time to think about the future.
But part of building your business now is planning ahead for what happens when you want to call it a day. That day may seem a long way off, but the earlier you start planning the better – and that’s where ags can help.
Every owner-managed business needs a succession plan to pave the way for a smooth transfer of ownership, so that the business you’ve worked hard to build continues into the future.
You may be hoping to leave your business to the next generation. Or you may be planning to sell up for the best possible price, to ensure a comfortable retirement.
ags will work with you to consider your options and put the appropriate plans in place, drawing on the skills and expertise of our network of professional advisers where appropriate.
For example, if you want to pass on your business to family members, they may need time to learn the ropes.
If you want to sell, you need to consider issues including valuing the business and finding a buyer, as well as how the timing of the sale could affect your tax bill.
Or if your business is small, or very closely linked to your specialist skills, a management buy-out or sale to an external buyer may not be possible and you may need to wind it up and realise its assets.
Talk to ags today, and we can help you plan for tomorrow.
To find out more:
Call: 01384 217222
Email: accountants@ags.gb.com