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Many business owners naturally prioritise their company’s present needs, concentrating on growth and success in the current market. 📈 The idea of planning for a future sale or transition may seem far off. However, when an attractive offer appears or personal circumstances shift, that once-distant plan can quickly become a pressing issue. ⏳ Discover more in this article on tax-efficient exit planning for founder-owned businesses. Key takeaways include: - Without proper planning, the effective tax rate on a sale can vary significantly. Surprises about tax exposures can impact the transaction value and create friction. ⚖️ - The advantages of comprehensive tax planning are numerous. The key is starting the process early and working with an advisor to implement a tailored plan that meets your specific needs and exit goals. 📊 - The ideal plan depends on your circumstances, objectives, business profile, and deal structure. It requires an approach tailored to your evolving needs. 🛠️ 📖 Full article: https://bit.ly/4eHgt6F

Tax-efficient exit planning for founder owned businesses

Tax-efficient exit planning for founder owned businesses

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