The world is unpredictable. Could now be the time to sell my business?
In the current climate of political change, it's hard to know how our lives will be affected. And what the changes will mean for your business, now and in the future. You may want to sell now. You may want the business to stay in the family. Or you may want something in between. We can help you get your plan in place.
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Questions to ask yourself
Questions to ask yourself
When you’re thinking about handing over your business, it’s a good idea to start planning as early as possible. But there’s a lot to consider. Start by asking yourself these three questions:
What is my exit strategy?
What is my exit strategy?
You may not intend to step back from your business in the near future. But having a long-term plan can eliminate a lot of question marks. Could you make a well-informed decision in the event of an offer to buy your business?
What are my options?
What are my options?
Every entrepreneur will want something different. You could sell your business. You could pass it along to your family. Or you might not want to give them full control just yet. There’s no right or wrong answer, just what’s right for you.
What happens after I sell?
What happens after I sell?
Selling your business is a life changing event. Regular income from your business will transform into one large lump sum of money. You’ll also have to decide how best to step back from your role running the company. How will you handle both?
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How can wealth management help?
How can wealth management help?
Very simply, we help you draw up a financial blueprint for your future, so you know you’re on track to meet your goals.
And when you choose UBS Wealth Management, you get a trusted partner who can guide your financial decisions for years to come.
“People get nervous even thinking about life after exit - they don’t want to jinx it - but they should be planning in advance of, and then in tandem with, any deal they are structuring, to ensure they don’t commit to anything binding which doesn’t reflect their ultimate goals."
Ashley Coombes, CFA,
UBS Wealth Management advisor
See more life goals
See more life goals
