Business Exit Planning

Leaving a business well takes preparation, whether you plan to sell, pass it to family or management, or wind it down over time. Brewer Wallace Solicitors helps business owners across East Yorkshire put the legal side of an exit in order early, so that the eventual transaction proceeds more smoothly.

Preparing the ground

A buyer or successor will look closely at how a business is owned and run. We help you put the essentials in order well in advance: clear ownership records, up-to-date shareholder or partnership agreements, key contracts and leases properly documented, and any outstanding issues resolved. Dealing with these points early reduces the risk of delay or renegotiation of the price late in a deal.

Choosing the right route out

The best exit depends on your goals and your business. A trade sale, a sale to management, passing the business to the next generation, or a phased withdrawal each have different legal and practical steps. We talk through the options with you and work alongside your accountant so the legal structure supports the outcome you want.

How we can help

Exit planning is most effective when it starts early, but we can help at any stage. To discuss your plans in confidence, call 01482 228808 or arrange an appointment at our Hull, Bridlington or Hornsea office.

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