Time to exit

There are a number of exit options for your business
and now is the time to evaluate your choices

At the point of exit, having a plan for your business as well as for yourself is crucial and our legal experts can help

Exiting may seem far down the line, but from the moment you create your start-up you should be thinking about the different exit routes available to you.

From choosing when and on what terms to leave the business to identifying what assets you may take into a new venture, planning an exit strategy will ensure a smooth succession for your business and the protection of your personal wealth.

Exit strategy

The right exit plan will require careful planning and the legal implications fully considered before taking such an important decision.

Exit advice
Succession options including Sale, Management Buyout, Employee Ownership, Licensing, IPO & Family legacy
Restructuring and disposals
Due diligence
Consideration of tax implications of chosen exit route
Negotiating sale documentation, including contract novation
Negotiating warranties and indemnities
Review of commercial contracts, including commercial property arrangements
Advising on capturing know-how, consultancy arrangements, and restrictive covenants for key individuals
Advising on TUPE matters (Transfer of Undertakings (Protection of Employment) regulations)

A personal plan for your exit

If looking for investment, it is not only key to have an exit plan for the investors’ money but also for you as the founder.

Wealth and Inheritance Tax planning
Revision of will, trusts and lasting power of attorneys
BR protection
Advising on what know-how and IP might you be able to take forward into a new business
Settlement agreements