Exiting a Business

Business Transition

Every business will see a change of ownership at some point in time

“Retirement at sixty-five is ridiculous. When I was sixty-five I still had pimples”

George Burns

There comes a point in time in a business owner’s life when (s)he exits a business. This can happen for any number of reasons including personal circumstances, family succession planning, health, business profits, retirement or death.

A planned exit would include succession planning strategies, grooming the appropriate individuals for the role and making sure that the framework for the succession plan is carefully considered and commercially sound.

Be it a planned or unplanned exit, this is a life stage where a business mentor and advisor like Maroo Advisory with deep experience in similar transactions in the past can make a significant difference in helping you plan for the exit with a view to maximising the exit price, reducing the stress of the exit, planning for minimising the tax impost on the exit, bringing clarity to the exit offers, preparing and providing an appropriate data room for due diligence and acting as a sounding board for the inevitable last minute issues and glitches.

Are you ready to have a chat over a cup of coffee with the team at Maroo Advisory?

“It is important to have the right team on your bus at every stage of your business development including the inevitable exit”

Maroo Advisory