Many businesses prefer to sell their whole business to a third party, transferring ownership to an external company or individual.

A third party sale can be a  great  way of maximising your financial return but first you’ll need thorough exit planning. For a successful outcome you must undertake an accurate business valuation, put together a persuasive marketing document and do your legal and financial due diligence.

Selling to a third party also entails agreeing  terms such as upfront payments, seamlessly transferring your employees to a new employer and examining the tax implications – all areas in which Jerroms Miller Specialist Tax has wide experience.