Elsby have significant experience in providing succession and exit solutions to a wide range of businesses and professionals. Whatever your desired exit, we can identify and execute a strategy to help you achieve the optimum outcome.

Exiting your business may well have been your strategy on day one, or it may be that after trading for many years, you’ve reached a stage where you want to realise the money from your investment and efforts. Whatever your reasons and motivations, selling the business or handing it over to the next generation is a rare event which is likely to have some complex and unusual issues that can take several months to implement.

We work with you to understand your aims and goals, providing careful planning and professional support every step of the way. We’ll help you to maximise your company’s value in the event of a disposal, or implement a smooth handover that all family members and shareholders feel comfortable with.

Succession planning

A good succession plan will help to ensure that, when the time comes, your business is transferred smoothly and according to your wishes, while also providing financial security for you and your family.

We can help with this process, assisting in such areas as:

  • Identifying your business’s future needs and investing in the right people
  • Compiling your succession plan
  • Managing and developing key employees
  • Business development and contingency planning
  • Implementing your plans

Exit Planning

You may not have given much thought to how you will exit your business in the future, but putting together an exit plan now will help to minimise your tax bill and maximise your financial gains. Our specialist accountants can help to guide you through the process.

We can help with all aspects of exit planning, including:

  • Creating a comprehensive exit plan
  • Minimising your tax liabilities
  • Setting a price and getting the most for your business
  • Choosing the best time to sell
  • Helping you with a sale
  • Ensuring a smooth transition of ownership

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