With recent reviews into Capital Gains Tax and Inheritance Tax now complete, could this be the time for family businesses to review their approach to succession planning? If managed correctly, individuals and families who have created a large amount of wealth for themselves can see a substantially positive impact for their family dynamics and business […]
Employee Ownership Trusts (EOTs) offers an attractive form of succession strategy that could suit your business needs more than a management buyout or traditional trade sale. What is an EOT? Introduced in 2014, the transaction centres on the departing shareholders selling their shares in a company to a trust which then holds the shares on […]
There are several potential reasons to separate commercial premises’ ownership from the business; including safeguarding assets, future succession ambitions, or even to enhance cashflow. Whatever the reason, tax will always be an important consideration. ‘Ring-fencing’ assets If there is simply a desire to protect key assets (such as property) from adverse trading risk, it may […]
A management buy-out (MBO) offers a strategic exit option that may suit the requirements of the business owner, management team and the business itself. What is an MBO? When looking to exit, a business owner has several potential options. An MBO, put simply, involves the management team of a company bringing together resources to acquire […]
Record levels of mergers and acquisitions (M&A) activity looks set to continue for the rest of the year and into 2022. For the third straight month in May, global M&A activity hit a record high, driven by low interest rates, rising equities and greater deal-making interest in sectors that have thrived during the pandemic. The […]
Whether it’s to facilitate a sale, for tax planning purposes or even just out of curiosity, many business owners want to know what their company is worth. Several factors contribute to valuations, including most simply the level of profits and assets. Ultimately though, the true value of a business can only be worth what a […]
Deciding when to sell a business, and how to sell it, can be one of the most difficult decisions a business owner faces. Detailed preparation is of paramount importance in order to achieve a successful family and owner managed business sale. The time a sale will take will depend on a number of factors such […]
For a multitude of possible reasons, shareholders or directors of a business may be considering to split their business up in the form of a demerger. Whether the overall vision of the business has shifted, future direction of individual components has diverged, or there are other strategic or operational reasons, ‘demergers’ are a common business […]
If you’re considering expanding your business through acquisition, or considering a management buy-in or management buy-out, good due diligence is an assurance that your venture is mitigating the risks and is essential. What is due diligence? The Oxford Dictionary defines it as “a comprehensive appraisal of a business undertaken by a prospective buyer, especially to […]
A key aspect to a business project’s success or for your business to see growth is raising the right type of capital. Whether you’re looking to fund acquisitions, facilitate a restructure or access short-term working capital, identifying the right source of funding for your business is crucial. Equity, debt or mezzanine? There are mainly three […]
