12 February 2025
Exiting a business is a complex process. It requires careful planning and strategic decision-making. The choice of an exit strategy can significantly impact the future of the business. It can also affect the financial and emotional well-being of the business owner. In the UK, there are several common business exit strategies and has its unique advantages and disadvantages. One option is selling the business to a third party. This can provide a high return and liquidity for the owners. However, it also involves loss of control and potential cultural clashes with new management. Another strategy is merging with or being…