Thinking of exiting your business? Part 1

Selling your business is usually the last step in starting a business. When the time comes to exit, it’s crucial to ensure a smooth transition so you can retire comfortably and maximise the value you receive from your business. This significant decision carries various legal and financial implications that require careful consideration.

In the first part of this three-part series, Stuart Mullins, Corporate Partner at Clarkslegal, and Nicky Goringe Larkin, Managing Director at Succession Planning, will discuss:

• The biggest fears that sellers and buyers have around exit and purchase
• Common reasons why sales fail between Heads of Terms and the completion stage

If you run a business and would like assistance preparing for an exit or understanding how a business exit could work, this podcast series is for you.

If you wish to discuss any of the issues mentioned, please contact Stuart Mullins and Nicky Goringe Larkin, who would be happy to help.