Planning your business exit is a smart, strategic move — but it can also introduce risk if not handled carefully. One of the biggest mistakes owners make during the exit planning phase is taking their foot off the gas. The result? Slipping profits, distracted teams, and reduced buyer confidence. At ExitPlanning.co.uk , we work with business owners to prepare for a successful transition without losing sight of day-to-day performance. Here are the key strategies to keep your bu

Every successful business must eventually face the question of leadership succession. Whether due to retirement, unexpected events, or strategic shifts, having a clear succession plan in place ensures stability, continuity, and long-term success. However, many business owners delay or overlook this crucial process, often leaving their company vulnerable to uncertainty. Why Succession Planning Matters A well-structured succession plan not only protects the business but also pr

For UK SME owners planning an exit, choosing the right strategy is crucial to maximising business value and ensuring a smooth transition. Two of the most common options are Trade Sales  and Employee Ownership Trusts (EOTs) . While both have advantages, a Trade Sale often provides higher valuations, greater financial rewards, and a faster route to exit. In this article, we compare Trade Sales with EOTs, exploring which strategy delivers the best value for your business and dis

Understanding the Importance of Timing in Business Exits Selling your small or medium-sized enterprise (SME) at the right time is critical to maximising its value. Many business owners focus on financial performance and operational stability but overlook external factors that significantly influence the success of their exit strategy. Timing your business exit and knowing when to sell can make a substantial difference in the final sale price and overall outcome. Key Factors T

Planning your business exit is just as important as building your business. Whether you aim to sell, pass it on, or wind it down, having a clear exit strategy ensures you maximise value, minimise disruption, and secure a smooth transition. This guide walks you through the essential steps to crafting a robust exit plan. Step 1: Define Your Exit Goals Before developing a strategy, consider your objectives. Ask yourself: Do you want to maximise the sale price, ensure business co