We spend time supporting individuals whether they are starting a new business or changing an existing one. The key is to establish a structure that is tax efficient, not only now but as your business grows. A few simple changes can help improve profitability and protect your future.
In addition, key objectives for business owners are often tax efficient profit extraction and, longer term, business succession. We will work with you to consider all the issues and show you how to extract the highest profits at minimum cost. When appropriate, we will also provide you with the different options for a tax efficient business succession.
How we can help you?
There are various suitable business structures that may be appropriate. By spending time to understand your objectives, we will ensure that you have the optimal structure, this will include the consideration of the various options including:
- Sole trader
- Limited companies
- Group of companies
- Limited liability partnerships
We ensure that we fully understand your financial objectives and then work with you and your family to ensure that a robust strategy is put in place to ensure that you have the best possible chance to achieve these. At the time of business succession, we can assist in passing the business to the next generation, a possible sale to a third party or provide support to enable a Management Buyout to take place.