a workable exit route and continuity for the business
Moving on from the business is a very difficult task. This is especially true in a family business with all the things that need to be considered outside of the business. Achieving a result that is both rewarding and pleasing is often the desired outcome, so that when you look back there are few regrets (if any).
We have helped many businesses transition to new ownership, whether it’s moving the business to a new generation, management buy outs or employee ownership. Equally, we have helped businesses deal with all the issues and forced changes caused by death or illness, including dealing with the family issues and ambitions.
We will help you:
Find a route that is a good one for you and those around you.
Help you make realistic assessments of the options.
Ensure you have in place the agreements, insurances and wills to cover the future.
Put in place the definitions of roles and responsibilities that are needed.
Guide you through the process of change and upheaval.
A Snooker club owner wished to retire because of his increasing ill health. He had tried to use others to help sell the business but with no success and considerable expense. His solicitor introduced him to WLP. We worked with him to see a sale through to completion. We obtained heads of agreement, enabled the
The client are a successful third generation retailer, specialising in ironmongery, hardware, homeware and china. They had identified the need to have in place all the necessary legal documentation to protect its owners, management and the future of the current business. Our consultant reviewed the business, with particular emphasis on the structure and capabilities of
Negotiations for the takeover of a company was to change all arrangements with banks and registrations. The new parent company will not be consolidating their accounts for the year ended 31 December the next year but merely including it as a purchase. This provided a small window of opportunity between the takeover date and the