Ensuring a client has a robust strategy in place when the time comes to exit their company is a hugely important element of long-term business planning and, writes Keith Tully, an MVL should form part of any discussion
Planning for a time when your client will exit their business is vital, regardless of whether or not such an exit is on the immediate agenda. A sound and carefully considered exit strategy allows a director and/or shareholder to depart their company on their own terms when the time is right, while ensuring value is preserved and returns maximised as much as possible. For a successful business, their chosen exit strategy may well entail the eventual sale of the company to either a connected or non-connected party. In some instances, however, a sale will either not be possible or simply no...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes