Five key considerations before selling your business

According to Bankhall, advisers should take at least two years to plan their exit to make it as smooth and clean as possible, and maximise the return they get from selling. Too often advisers underestimate the work involved and the steps required to prepare their business for sale, the firm said. Head of bespoke solutions Linda Preston-Todd said: "Many business owners are deeply involved in the day-to-day operation of their firm and conducting meetings with clients. This is completely understandable, but what we regularly see as a result is that exit planning is often left to the last...