Exit planning

Most business owners aim to build something of value which can be either sold when they retire or passed down through the family. Early planning is therefore essential to ensure a smooth and profitable exit.

Statistically 40% of businesses will experience ownership change within the next 10 years, but only 5% of businesses have a plan in place to manage this change and ensure its success. At Jamesons, we have developed 4-phase approach which takes time to implement, but delivers great results:

• Phase 1 - Determine the timing and requirements of the owner
• Phase 2 - Prepare the business for a smooth succession
• Phase 3 - Research and consider all available options
• Phase 4 - Select the preferred option and develop an implementation plan with timescales and milestones.