UHY Ross Brooke Chartered Accountants
The ultimate aim of every serious business person is to build a company that has value, so that it can be sold or transferred, allowing the entrepreneur to exit gracefully and profitably. Recently, we have been helping a number of our entrepreneur clients develop exit strategies. There are many issues
This week we held a Q&A session for those interested in selling their business. It proved to be very informative to business owners considering their future and other professionals who can guide their clients more effectively. If you’re thinking of selling your business, whether right now, or sometime in the
The valuation of business goodwill for tax purposes is very subjective and is often a contentious area. HMRC have recently updated their guidance in their Shares and Assets Valuation Manual. The guidance makes a distinction between goodwill for Capital Gains purposes and goodwill within the corporate intangibles regime where accountancy
If you have a company with mixed trading and investment activities, perhaps because you had some excess cash in the business and chose to invest it in stocks and shares, or you bought either residential or commercial property with it for letting out, then you may have walked unknowingly into
This is a question many of our clients want answering! The truth is it depends on a range of factors and any valuation is only useful as a guide for planning forward. The ultimate value of a business is the price a willing buyer is prepared to pay for it.
Having survived the extraordinary circumstances of the past couple of years, entrepreneurs and company shareholders should be taking stock and asking questions such as where do I want to be in five years’ time? If the intention is to have sold the business, then now is the time to start