When thinking about your Exit Strategy, two emerging trends in the small and medium-sized business sector seem to be conspiring to make family succession a thing of the past: Fewer business owners want or expect their children to step into their shoes Children of...
Whether you’re holidaying abroad or enjoying the sunshine at home, the summer is usually a chance to take a well-deserved break. But for small businesses, this time of year can also come with the stresses of slower business and potential cashflow problems....
No business owner likes the idea of facing a Tax investigation by HMRC, but it’s an unfortunate reality in many cases. In fact, around 1 in 10 small businesses are under investigation at any given time, according to David Richardson, interim director-general of...
In all successful businesses the issue of succession from the current owner to the next generation comes up, and one question that often arises is: when is the most appropriate time to begin planning for succession? The start-up phase is obviously too early, but all...
