Succession Planning

Do you have plans for your business once you retire or expire? Your business will more often than not be the most valuable asset that you possess, and future financial security may well depend upon your ability to turn this asset into cash. Very little consideration is given to this as the business commences and grows, but planning for this eventuality is an absolute MUST. Most business owners know that if they are forced into a “quick” sale they will almost certainly receive well below the market value for their businesses and if they don’t structure things correctly they will end up giving more of the eventual sale proceeds away in tax. At WKH we have a team of dedicated specialists able to take you through all the necessary planning points to ensure you leave your business as and when YOU want to. If you would like further information on our Business Succession services, please contact Chris Maylin at our Letchworth office on 01462 687333, or e-mail cmaylin@wkhca.co.uk