Exit strategies for business owners
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What is the best exit strategy for me, my clients and my employees?

Most social business owners face a few, limited choices when they consider their exit strategy. These include passing the business on to family members, encouraging a management buy-out, selling the business to a competitor or closing the business and selling its assets. Some larger business can consider ‘going public’, but this isn’t an option for most SMEs. 

Each of these exit strategies can be a suitable option depending on what the business owner hopes to gain from succession and what their aspirations are for the future of the business.

Employee ownership in an alternative option which offers a tax efficient exit and, along with a guarantee that a business stays in its local community, supports its employees and their families for the foreseeable future.

In this section we’ve  illustrated some of the benefits of employee ownership compared to the most common alternatives.

Now that you’re familiar with the benefits of employee ownership as an exit strategy, find our more about the process of transferring to employee ownership.

Would you like to speak to somebody about employee ownership?

Contact Business Wales by calling 03000 603 000 and quoting ‘EO2016’. We will be happy to arrange an informal discussion with one of our Social Business Wales employee ownership experts.