As The Infinite Group’s Anne Marie Nayna points out in this article…there are a significant and atypically large number of business owners, born between 1945 and 1955, who are in the process of preparing to sell their business. Business Analysts across the globe, report that the largest transfer of business wealth and assets in history is in the process of occurring. With the average age of a business owner in Australia at 58 years, this will only gain further momentum over the next 5 – 10 years.
If you’re one of these business owners, have you considered who your buyer maybe? Are you are planning a trade sale, a management buy-out/buy-in? What other means are available in order to unlock your business’ accumulated worth? Will the entire consideration be paid on day one or are you prepared to defer a portion in order to achieve a higher price? What are the tax implications of this sale?