Selling a business is a major moment in the life of any entrepreneur. But it’s a moment that requires significant preparation for both your personal and business finances.
Whether you’re looking to stay in control of your company, take a step back from day-to-day management, or to sell the business entirely, there are many potential pitfalls to consider.
For many entrepreneurs, the cash lump sum they receive after selling a business is their nest egg. It's therefore important to have a plan in place that will allow you to live comfortably now while also preserving and growing your wealth for the future.
Rothschild & Co has been helping entrepreneurs manage their wealth for more than 200 years. If you would like to discuss how to manage your cash safely post-exit, or learn more about how we can support you before, during and after a business sale, please get in touch.
We also work closely with our colleagues in our Global Advisory and Arrowpoint Advisory teams to provide advisory and execution services to businesses, private equity, families and entrepreneurs.
Below are a series of articles offering insight into the sale process for pre-exit entrepreneurs.
It can be difficult to for entrepreneurs to know when to sell a business. In this article we discuss how to find the right time to conduct a business sell, how to avoid the most common mistakes and examine the different sale options available to company owners.
Selling a business? We examine how to achieve the best deal, maximise your profits and invest the proceeds wisely to set yourself up for life. Selling a business involves a significant amount of preparation, both commercial and personal.
Selling a business is a life-changing moment, but entrepreneurs can find it difficult to adapt from receiving a regular salary to a one-off lump sum. Here’s how to manage your cash in a safe manner after a business sale.
If you’ve received a large sum of money from the sale of a business, an inheritance or a sudden windfall, here are the options for your cash in the short term. Avoid rushing into any financial decisions after receiving a large lump sum but ensure your money is safe, secure and working for you.
Every business owner has different reasons for selling, but one piece of advice remains the same: start the process as early as possible to get the best results."
Selling a business is often a major financial decision. Yet while considerable thought is usually given to how much you hope to sell for and when you’d like to complete the transaction, the tax implications of the sale can be overlooked.
In the following articles we examine ways you can minimise tax during a business sale.
Reducing the impact of capital gains tax
Selling an asset can leave investors with an unwanted capital gains tax bill. We examine who pays this tax and ways to minimise your liability.
Selling a business to an Employee Ownership Trust
Are you looking to sell your company in a tax efficient way? Employee Ownership Trusts (EOTs) can enable you to sell your company tax free, while also providing a legacy for the benefit of employees.
Earn tax relief when selling a business
Business Asset Disposal Relief (BADR), formerly Entrepreneurs’ Relief, is a tax break that can give owners of private companies a tax saving worth up to £100,000.
Insights
The existing ‘non-dom’ tax regime will be abolished in April 2025. The impact on your finances depends on your existing status and how long you have held it, but non-doms should be reviewing their position now and forming a strategy for the future.
Insights
Investing is not just about choosing companies that we expect to achieve success in the short term. It’s important to find businesses which can adapt to a changing world and are part of shaping the future. In this article we explore the risks and opportunities they face.
Insights
Trusts can be an effective way to provide for your family while retaining control, but you must balance the advantages against the administrative and financial costs. In this article we examine the pros and cons of setting up a trust, and potential pitfalls to avoid.
