Exit & Succession Help
Personal | Virtual | Digital | Simple | Practical
"We don't know what we don't know,"
and this is very true in business. Help in understanding how you may exit your business or find a successor is just a few clicks away.
Challenge
You started the business, just like a child, you taught it everything it knows and it's now mature enough to go it alone. Every successful business is the fruit of hard work. When it comes to realising the fruit of your labour and working out how to exit, it's imperative you know what your options are, how those options effect those remaining in the business, and potentially maximising the value of that business. Who to sell to, how long does it take, do I need to still be involved for a time? These are all questions that need to be answered to satisfy a successful exit. After starting a business, the exit of it is the next most exciting and challenging (even scary) moments in your life. You don't need to go it alone, despite going it alone! The Business School is here to help you, every step of the way.
Value
Having a clear exit strategy means planning well in advance. On average it will take you about two years to successfully exit your business. From ensuring all necessary foundations are in place in the business, to involving staff, finding potential buyers to sale, there's always loads to do. If not selling, who will succeed you? Are there partners involved? Family perhaps? Sale frameworks, statutory stuff, tax implications... the list goes on. Here we explore exactly what you need to consider before you sell and plan for it well. We have a great collection of experts available for you to talk to. We discuss the things you should consider and be thinking about in order to make sure your business is ready for sale.
Let The Business School help you think about exit and succession and be there by your side, every step of the way.