Have you thought about what happens when you want to retire from your business?
Will you sell it – or hand it over to a family member? Have you fixed a retirement date?
Will you have sufficient income to support your retirement and provide for your family?
It may seem a long way off at the moment, but the earlier you start planning the better. All these considerations need to be taken into account in preparing a strategy for business exit.
After all, you’ll want to maximise your wealth at retirement or leave the business in safe hands and the timing of the sale could dramatically reduce your tax bill.
At DFC we’ll help you to think about your exit and prepare a long term strategy. Best of all we will help you achieve the maximum value for your business and the likelihood is that it will be more than you think. Contact us for an informal, no-obligation chat or to discuss retirement planning in Cardiff.