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How to prepare your business for sale and maximise your after-tax proceeds
Published 4 years, 9 months ago
Description
There are many reasons to improve the saleability of your business, including if it's your plan to sell your business in the future, of course. Other reasons can include succession planning, to raise capital, reduce your working hours and so on. In this episode, Mena and Stuart discuss: •The five steps involved in maximising the saleability of your business and what's involved in each of these. •How to use the small business capital gains tax (CGT) concessions to potentially reduce any CGT liability to nil. •Various strategies to maximise your sale price and minimise your risk including earn-outs, restraint of trade, vendor warranties and structuring considerations.