Talk to the Taxperts

01382 312100

Have You Considered Who You Are Selling Your Business To?

For many businesses, there are only a handful of potential purchasers so we advise our clients to consider the most likely candidates prior to selling – you’d be amazed how productive that consideration can be. Many people pay selling agents a fee for securing a sale to someone they already know. Whilst, selling agents have their place, you might know the purchaser already.

Purchasers come in all forms including:

  • A sector competitor
  • A speculative investor
  • A purchaser who views your business as complimentary to their own
  • An existing management team via a management buy out
  • An employee ownership trust
  • And yes, someone out of the blue

At the outset, it is important to identify likely purchasers as this allows the seller to construct their plans to sell, and tailor these to the prospective buyer.

What is our role?

Our specialist teams will work with you to identify the right purchaser. We’ll be honest, realistic and positive to ensure you have the best chance of securing the right sale. When we know the intended purchaser we can then advise on the tax implications as the tax reliefs available are dependent on who the purchaser is and also the structure of the sale.

If you are thinking of selling your business and would like to discuss your circumstances with sector leading experts, then please contact our Transaction Tax team today.

You can read our advice on ‘Why you are selling your business’ here.

Latest News

View all latest news

February 9, 2024

Let Me Entertain You!

A client recently contacted us to ask about the tax implications for booking tickets for the Six Nations Rugby Championship. He was considering inviting both clients and staff…

January 3, 2024

New Year, New Tax Changes

With the start of another year, it’s time to think about the changes that lie ahead. Instead of skipping ahead to 1 April or 5 April, this year…

Download our EQ app and keep up to date with tax news, changes and have access to our EQ Portal, tax calculators and key tax dates at your fingertips. Click on the relevant button on your device to download our free app.

Visit EQ Accountants Visit EQ Accountants

Explore the full range of EQ Expertise