Tax, investments and pension rules can change over time so the information below may not be current. This article was correct at the time of publishing.

Why should you take Financial Advice when selling a small business?

Selling your small business is a big decision for business owners. It can be a very time-consuming process and preparation is key to help you maximise the amount you get for your small business.

At Four Wealth Management, one of our financial advisers can help you to prepare to sell your business by helping to make sure your finances are in order. Having a structured financial plan will show potential buyers exactly how your business stands financially and could increase the value.

What is your reason for selling your small business?

You need to first establish your motivation for selling your business. Whether you are choosing to retire, pursuing a different career or transferring ownership to a new owner or family member, there are several steps you need to take before you sell.

Why should you have a business exit plan?

It is important that when the time comes to leave your business, you can leave on your own terms.

How can I get the best value for my business?

Part of your exit plan should be to boost the value of your business before you exit. Deciding when to exit can affect the value of your business and you should monitor market trends, the financial climate and the availability of potential buyers.

At Four Wealth Management, our small business financial planning service consists of an in-depth review of your business and creating a bespoke financial plan tailored to your business goals. A financial plan and profit forecast will help you when it comes to selling your business. The financial plan will include a clear strategy, complete records of income, expenditure and profit to help illustrate your business value to potential buyers.

The value of your business will be determined by both the historic and future prospects of the business and the performance of competitors. Cash flow, turnover, efficiency and profitability also have a big impact on the valuation.

What taxes do I pay after selling my small business?

When you sell shares in your company, you will have to pay Capital Gains Tax on the profits you have made. However, you may be able to claim entrepreneur’s relief. Contact us for more information.

When do I need a business exit plan?

It is never too early to start considering your exit plan. You should stasrt by considering what you want to do after your exit and how much money you need for your future plans. This will help you to shape your business exit when needed.

Contact us today to book a no-obligation meeting to discuss small business financial planning. The meeting can be at your home/office address or at one of our offices in Bristol, London or Cirencester.


The levels and bases of taxation and relief from taxation can change at any time. The value of any tax relief depends on individual circumstances.

Exit Strategies may include the referral to a service that is seperate and distinct to those offered by St. James’s Place.

Enquire Now

If you have any queries or would like to arrange a face to face meeting with an adviser for a no obligation review of your personal finances, simply book a call back using the form below. Alternatively, you can call us on 0117 973 0500.

The Partner together with St. James's Place Wealth Management plc are the data controllers of any personal data you provide to us. For further information on our uses of your personal data, please see the Partner's Privacy Policy or the St. James's Place Privacy Policy.

Share this article

Share on google
Share on linkedin
Share on print
Share on email