How can I start to plan my exit from my business successfully?

The roadmap for your exit

When you think back to the day you started your business, it’s incredible how far you’ve come. However, every success story must end somewhere, and your journey as a business owner is coming to an end.

You can’t just hand in your notice and pack up your things. As the owner, your exit needs to be handled carefully and it’s always a good idea to start removing yourself from the business and handing over responsibilities well before you intend to leave.

Your problems, our solutions

Understand your motivations

Before we get into the “how”, we must understand your intentions for selling your business and think about how you really feel. What do you want to do once the business is sold? Do you have any long-term goals to achieve? Are you worried about any aspect of leaving? Only once we understand these can we look at ways to help you exit your business.

Help with business decisions

Removing yourself from the business gradually is a good move, as you can gently let go of your responsibilities without selling. We’ll help you get a new CEO in place so you can take a step back and slowly move to a shareholder position if you don’t feel quite ready to sell the business.

Utilise our professional networks

The best results come from working together, and we believe that a key benefit of working with us is our strong professional network. This includes individuals in the property sector, private equity firms and accountants. This enables us to bring a lot of solutions to the table that aren’t strictly to do with financial planning and ensures your interests are best served at all times.

Your personal sounding board

When you’re going through a major life change, you must have someone to speak to and offload your worries onto. We will become your confidant, someone with who you can discuss your burning issues, worries and success stories. As our relationship together develops, you’ll feel like you can open up and talk to us about everything.

Adapt to your changing goals

We can’t go through the exit process without thinking about your future. We’ll tailor our plan to suit your goals and we’ll be there for you even after you remove yourself from the business. Any queries you have as you navigate this new stage of life will be dealt with swiftly, and even if your objectives change, we will adapt your plan.

Our Human First™ Approach

There’s no one quite like you. Our approach recognises your unique ambitions, hopes and questions, and delivers a bespoke plan. Your plan will evolve over time, just as you do, and we will never stop protecting your interests and preparing for the future.

How it works

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Our latest client survey results are in…

We couldn’t be prouder to share with you what our clients think of the Human First™ service we provide.

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of clients would recommend us to their friends, family or colleagues

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believe that working with us has helped or will help them achieve their financial goals

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were satisfied that we understood their needs, goals and aspirations

Murphy Wealth is authorised and regulated by the Financial Conduct Authority. FCA number: 747648. Registered in Scotland. Company number: 445032. Registered office address: Sutherland House, 8th Floor, 149 St Vincent Street, Glasgow, Scotland, G2 5NW.

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