There are a number of reasons why those who have considered selling their business should now be preparing to sell.
Changes in market conditions and tax legislation now make it more attractive for a business owner to sell their shares before things change again…
The recent emergency budget increased the level of Entrepreneurs Relief whereby active business owner employees pay only 10% tax on the first £5million of sale proceeds but this may only be available in the short term. I.e. £500k instead of £1,400,000 of tax. There are many business owners still regretting not selling their business when they would have paid only 10% on all of the proceeds.
This seminar explains the sales process, and how to maximise the value of a business and is aimed at owner mangers and shareholders of trading businesses.
Speaker: Directors of Devonshire Corporate Finance Ltd
Venue: Devonshire House, 60 Goswell Road, London, EC1M 7AD
Time: 4.30pm registration for 5.00pm. Ends 6.15pm, followed by canapés and refreshments
Cost: £25 (Free for clients)