Selling a business successfully requires preparation, however most business owners aren’t entirely sure what actually needs to be done. One of the first questions you need to ask yourself is ‘is my business structure the most appropriate structure in terms of capital gains tax and family wealth planning?’ The structure of a business going through a trade sale will differ substantially to the structure of a business going through an intergenerational handover. Subsequently making your business more attractive, increasing your business’ value and reducing your CGT will ensure you achieve a successful exit.
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