Selling Your Business

Do you need help selling your business?

NBC are leading Xero and tax accountants, CPAs and Business Consultants and can provide advice on transitioning out of or selling your business.

Selling a business

TRANSITIONING OUT OF OR SELLING YOUR BUSINESS

In planning for sale or transitioning out of the business, routinely comparing your business’ value to your desired sale value in the future, or the optimal potential value, provides an assessment of the value gap in your business, enabling you to review your strategy to reduce this gap and prioritise accordingly. Once we’ve identified this gap, we can help you effect an action plan to get your business where it needs to be for when the time comes for you to exit.

Before you make a decision about your plans to transition out of or sell your business meet with your advisor to ensure you have taken into account all the relevant considerations so you can make an informed decision.

The best business structure (Trust, Company, Partnership or other) for your personal & business situation and asset protection depends on a number of variables.

Once we understand your situation we can provide appropriate structuring advice (in easy to understand language) and timely implementation.

The approach you chose to transitioning out of or selling your business can have variable tax implications. Understanding these before you make your decisions can assist you to plan for the future.

Some of the common considerations include:

  • Choice of & changes to business structure
  • What to do with the proceeds
  • Capital Gains Tax (CGT),
  • Contract timing,
  • Goods & Services Tax (GST)

Before you make a decision about your plans to transition out of or sell your business meet with your advisor to ensure you have taken into account all the relevant considerations so you can make an informed decision.

You may also be interested in this Sellability Score tool which can help you determine the value of your business.

Call or email to arrange a meeting…

Our Business Consultant's will meet with you and together we will take the time to understand your unique needs and goals.