Starting and selling a business

A Brexit warning

For anyone planning to start a new business, Brexit should be of prime concern, with unknown short-term consequences regardless of whether there is a deal, no-deal or a further extension. Combined with wavering confidence and business closures, this makes it more important than ever to carefully plan out any new business venture.

When it comes to selling a business, it doesn’t matter whether you are developing a business idea to quickly cash in before starting all over again (the typical serial entrepreneur), planning a smart career move (with the successful sale of a self-started business looking very good on your resumé) or are in for the long haul – planning your exit strategy at an early stage will ensure you don’t pay more tax than necessary.

Ross Welland

Tax Director