Succession planning and exit strategy

Here at David Owen, our expert business succession and exit planning team has been working with businesses in Devizes, Marlborough, Calne, Royal Wootton Bassett, Pewsey, Hungerford and in other parts of Wiltshire, Berkshire and beyond for many years.

Running and growing a successful business requires a huge amount of work and dedication, but the level of time and effort that should go into succession planning and exit strategy is often underestimated.

Whether you are looking to sell your business or keep it within the family, our bespoke service will identify the right exit or succession strategy for you. This enables you to make insightful commercial decisions that help to secure your financial future, as well as your legacy.

Comprehensive business succession planning in Wiltshire

Our team of skilled business succession planning advisers help a diverse range of clients navigate the complexities of succession management.

We take the time to gain a full understanding of you, your business, and your circumstances, exploring your future wishes before creating a long-term, tax-efficient succession plan.

The team will help you determine whether you wish to sell the business in its entirety, retain a stake, pass the business down to family members, or opt for a management buy-out, amongst other options. We will advise you on the benefits and drawbacks of each decision, providing in-depth tax planning guidance on any business succession or sale.

Planning your exit strategy

You may be retiring or passing your business down to a successor; no matter what you decide, it is vital to have a clear exit plan in place.

Our experienced exit strategy team can help you select the best course of action. They can provide expert guidance every step of the way, allowing you to enjoy the fruits of your labour for years to come.

Their specialist advice covers key areas such as:

• Securing an accurate valuation of your business
• Selling or passing on your business
• Funding your retirement
• Business structure
• Tax planning aimed at minimising CGT and IHT
• Gift Relief and Entrepreneurs’ Relief