Business Exit Strategies

Business Exit Strategies encompass ways in which a business owner can sell their business or reduce their involvement in its daily operations. Exit strategies become very relevant when business owners decide they want to take step back from running the business, however, early planning is advised to ensure that owners are able to capitalise on their business and not fritter away their years of sacrifice and hard work.

By planning early, directors can avoid some of the pitfalls that prey on the unprepared, such as in instances when:

• your business exit strategy is prepared in haste and does not deliver the satisfaction or reward that you truly deserve
• your options for exit are limited
• due to late planning, your business is not ready for due diligence, which means that the buyers/investors will be able to take advantage of your situation; or
• at the time of selling the business, the best price is not achieved and you are left frustrated and annoyed.

To assist clients to achieve their long-term ambitions and truly benefit from all their hard work, we provide comprehensive and customised business exit strategies. Such strategies will allow you to determine whether you want to:

• sell your shares in the business to your co-owners/partners
• transfer ownership of the business to your children or other relatives
• sell your business to competitors
• sell your business to your workforce
• float your business on the stock exchange or
• wind-up your business.

In addition, the strategy will seek to minimise your tax liability and determine how to manage your finances after you have exited your business. Our professional Client Managers will provide all the information you need to make an informed decision and, thereafter, make sure that the strategy is implemented to your 100% satisfaction.