Life Changes
with a
successful sale

We know how hard you have worked to get your business where it is now. We also understand the mixed emotions you're feeling and how much planning and work is needed to get to a sale. Understanding whether you can afford to sell and retire - as well as the tax implications of doing so - can become overwhelming. Not many of us have the time to run a business whilst looking ahead to what the future could look like without that business.

Plan ahead

The key to a successful business sale - and unlocking the door to the next phase of your life - is to plan ahead. Ideally, we like to start working with business owners 12 – 24 months before they plan to sell.

With our ‘Life Changes’ service, we use our state of the art cashflow software to help you plan and forecast ahead for an event that many business owners see as scary and unknown.

We can work alongside your accountant and any other professional partners involved, to ensure the transaction goes as smoothly as possible, but also that you feel confident and sure it is the right time for you.

Before you sell, it’s important to understand the amount of money you need for the rest of your life, so you can compare it to what you are being offered. Knowing these two numbers is crucial.

Too often we’ve seen business owners holding out for an unrealistic price they will never get - and don’t actually need. But by understanding your vision for the future and forecasting your wealth over your lifetime, we can show you what you can (and can’t) do financially after the sale of your business.

This process may well cast the offers you receive in a whole new light, meaning you no longer need to hold out for a specific and arbitrary amount.

Our advice will help you to:

  • Understand what you want out of life, perhaps even a new purpose, when the business is sold
  • Structure your drawings well in advance before you sell the business to make the most of all tax planning allowances including pensions
  • Understand the options you have in respect of commercial property that you may own (especially if it is linked to the business and / or held in a pension)
  • Structure the sale in a way which reduces the tax you will pay, making the most of every penny
  • Invest the proceeds of the sale in a way which is aligned with your new objectives and aspirations