{"id":194139,"date":"2025-07-17T03:49:01","date_gmt":"2025-07-17T02:49:01","guid":{"rendered":"https:\/\/legalvision.co.uk\/?p=194139"},"modified":"2026-06-17T06:40:55","modified_gmt":"2026-06-17T05:40:55","slug":"crafting-exit-strategy","status":"publish","type":"post","link":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/","title":{"rendered":"Crafting Your Exit Strategy: Essential Considerations for Business Owners"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">An exit strategy is your plan for leaving your business, whether by selling, passing it to management, or transferring it to family. For UK owners, the structure matters: an asset sale and a share sale carry different tax and liability consequences, and Business Asset Disposal Relief through HMRC now applies at a higher rate. Buyers will run due diligence on your finances, contracts, and Companies House filings before they complete. Getting your records, leases, and intellectual property in order early gives you more control over price and timing. This article examines the key considerations to address when developing your exit strategy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why You Need an Exit Strategy<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">An exit strategy serves as your roadmap for eventually transitioning out of your business. Business owners may need to exit for various reasons, including retirement, new opportunities, or simply wanting to realise the value they have created. Whatever the reason is, a well-planned exit strategy helps you:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>maximise your business&#8217; value;<\/li>\n\n\n\n<li>reduce tax implications;<\/li>\n\n\n\n<li>ensure business continuity;<\/li>\n\n\n\n<li>protect your employees and stakeholders; and<\/li>\n\n\n\n<li>achieve your personal and financial goals.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Timing Your Exit<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Successfully timing your exit requires careful consideration of both market conditions and your business&#8217; performance.<\/p>\n\n\n\n\n<a href=\"#content-next\"\n   class=\"block p-4 mt-10 text-xl font-bold text-center text-white no-underline bg-gray-800 rounded-t-xl\">\n    Continue reading this article below the form\n    <i class=\"text-xl fa-regular fa-arrow-down\"><\/i>\n<\/a>\n<div class=\"px-6 pt-10 pb-12 mb-10 text-center bg-gray-100 rounded-b-xl sm:px-12 test\">\n    <div class=\"mb-8 text-2xl font-bold text-orange\">\n        Need legal advice?\n        <br>\n        <span class=\"text-lg not-prose\">\n                            Call <a href=\"tel:+448081968584\" class=\"not-prose\">0808 196 8584<\/a> for urgent assistance.\n                <br>\n                Otherwise, complete this form, and we will contact you within one business day.\n                    <\/span>\n    <\/div>\n\n    \n\n<div class=\"not-prose flex justify-center text-left gform_input_bg_white    \">\n    <script>\nvar gform;gform||(document.addEventListener(\"gform_main_scripts_loaded\",function(){gform.scriptsLoaded=!0}),document.addEventListener(\"gform\/theme\/scripts_loaded\",function(){gform.themeScriptsLoaded=!0}),window.addEventListener(\"DOMContentLoaded\",function(){gform.domLoaded=!0}),gform={domLoaded:!1,scriptsLoaded:!1,themeScriptsLoaded:!1,isFormEditor:()=>\"function\"==typeof InitializeEditor,callIfLoaded:function(o){return!(!gform.domLoaded||!gform.scriptsLoaded||!gform.themeScriptsLoaded&&!gform.isFormEditor()||(gform.isFormEditor()&&console.warn(\"The use of gform.initializeOnLoaded() is deprecated in the form editor context and will be removed in Gravity Forms 3.1.\"),o(),0))},initializeOnLoaded:function(o){gform.callIfLoaded(o)||(document.addEventListener(\"gform_main_scripts_loaded\",()=>{gform.scriptsLoaded=!0,gform.callIfLoaded(o)}),document.addEventListener(\"gform\/theme\/scripts_loaded\",()=>{gform.themeScriptsLoaded=!0,gform.callIfLoaded(o)}),window.addEventListener(\"DOMContentLoaded\",()=>{gform.domLoaded=!0,gform.callIfLoaded(o)}))},hooks:{action:{},filter:{}},addAction:function(o,r,e,t){gform.addHook(\"action\",o,r,e,t)},addFilter:function(o,r,e,t){gform.addHook(\"filter\",o,r,e,t)},doAction:function(o){gform.doHook(\"action\",o,arguments)},applyFilters:function(o){return gform.doHook(\"filter\",o,arguments)},removeAction:function(o,r){gform.removeHook(\"action\",o,r)},removeFilter:function(o,r,e){gform.removeHook(\"filter\",o,r,e)},addHook:function(o,r,e,t,n){null==gform.hooks[o][r]&&(gform.hooks[o][r]=[]);var d=gform.hooks[o][r];null==n&&(n=r+\"_\"+d.length),gform.hooks[o][r].push({tag:n,callable:e,priority:t=null==t?10:t})},doHook:function(r,o,e){var t;if(e=Array.prototype.slice.call(e,1),null!=gform.hooks[r][o]&&((o=gform.hooks[r][o]).sort(function(o,r){return o.priority-r.priority}),o.forEach(function(o){\"function\"!=typeof(t=o.callable)&&(t=window[t]),\"action\"==r?t.apply(null,e):e[0]=t.apply(null,e)})),\"filter\"==r)return e[0]},removeHook:function(o,r,t,n){var e;null!=gform.hooks[o][r]&&(e=(e=gform.hooks[o][r]).filter(function(o,r,e){return!!(null!=n&&n!=o.tag||null!=t&&t!=o.priority)}),gform.hooks[o][r]=e)}});\n<\/script>\n\n                <div class='gf_browser_gecko gform_wrapper gravity-theme gform-theme--no-framework lawyer-form_wrapper gplaceholder_wrapper form-with-labels-no-asterisks_wrapper has-new-validation-error-styling_wrapper' data-form-theme='gravity-theme' data-form-index='0' id='gform_wrapper_2453' style='display:none'><div id='gf_2453' class='gform_anchor' tabindex='-1'><\/div><form method='post' enctype='multipart\/form-data' target='gform_ajax_frame_2453' id='gform_2453' class='lawyer-form gplaceholder form-with-labels-no-asterisks has-new-validation-error-styling' action='\/api\/wp\/v2\/posts\/194139#gf_2453' data-formid='2453' novalidate>\n                        <div class='gform-body gform_body'><div id='gform_fields_2453' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_2453_1000\" class=\"gfield gfield--type-honeypot gform_validation_container field_sublabel_below gfield--has-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_1000'>Name<\/label><div class='ginput_container'><input name='input_1000' id='input_2453_1000' type='text' value='' autocomplete='new-password'\/><\/div><div class='gfield_description' id='gfield_description_2453_1000'>This field is for validation purposes and should be left unchanged.<\/div><\/div><div id=\"field_2453_1\" class=\"gfield gfield--type-text gfield--input-type-text gf_left_half gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_1'>First Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_text'><input name='input_1' id='input_2453_1' type='text' value='' class='medium'     aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_2453_12\" class=\"gfield gfield--type-text gfield--input-type-text gf_right_half gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_12'>Last Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_text'><input name='input_12' id='input_2453_12' type='text' value='' class='medium'     aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_2453_2\" class=\"gfield gfield--type-email gfield--input-type-email gf_left_half gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_2'>Email Address<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_2' id='input_2453_2' type='email' value='' class='medium'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><div id=\"field_2453_3\" class=\"gfield gfield--type-phone gfield--input-type-phone gf_right_half gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_3'>Phone<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_phone'><input name='input_3' id='input_2453_3' type='tel' value='' class='medium'   aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_2453_14\" class=\"gfield gfield--type-select gfield--input-type-select gfield--width-full custom-select gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_14'>Number of Employees in Your Business<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_select'><select name='input_14' id='input_2453_14' class='large gfield_select'    aria-required=\"true\" aria-invalid=\"false\" ><option value='' selected='selected'>Select ...<\/option><option value='0' >0<\/option><option value='1' >1-5<\/option><option value='6' >6-20<\/option><option value='21' >21-50<\/option><option value='51' >51-250<\/option><option value='250' >250+<\/option><\/select><\/div><\/div><div id=\"field_2453_4\" class=\"gfield gfield--type-textarea gfield--input-type-textarea gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_4'>Tell us about your enquiry<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_textarea'><textarea name='input_4' id='input_2453_4' class='textarea medium'     aria-required=\"true\" aria-invalid=\"false\"   rows='10' cols='50'><\/textarea><\/div><\/div><div id=\"field_2453_5\" class=\"gfield gfield--type-html gfield--input-type-html gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  >By submitting this form, you agree to receive emails from LegalVision and can unsubscribe at any time. View our <a href=\"https:\/\/legalvision.co.uk\/privacy-notice\/\" target=\"_blank\">Privacy Policy<\/a>. <\/div><div id=\"field_2453_8\" class=\"gfield gfield--type-hidden gfield--input-type-hidden gform_hidden field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><div class='ginput_container ginput_container_text'><input name='input_8' id='input_2453_8' type='hidden' class='gform_hidden'  aria-invalid=\"false\" value='http:\/\/legalvision.co.uk\/api\/wp\/v2\/posts\/194139' \/><\/div><\/div><div id=\"field_2453_13\" class=\"gfield gfield--type-hidden gfield--input-type-hidden gform_hidden field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><div class='ginput_container ginput_container_text'><input name='input_13' id='input_2453_13' type='hidden' class='gform_hidden'  aria-invalid=\"false\" value='generic_form' \/><\/div><\/div><fieldset id=\"field_2453_999\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield__uk-marketo-opt-in field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label screen-reader-text' ><\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_2453_999'><div class='gchoice gchoice_2453_999_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_999.1' type='checkbox'  value='1'  id='choice_2453_999_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_2453_999_1' id='label_2453_999_1' class='gform-field-label gform-field-label--type-inline'>By submitting this form, you agree to receive content and event invitations from us to help you grow your business. If you do not want to receive such messages, tick here.<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><\/div><\/div>\n        <div class='gform-footer gform_footer top_label'> <button type=\"submit\" id=\"gform_submit_button_2453\" class=\"gform_button button\" onclick=\"gform.submission.handleButtonClick(this);\" data-submission-type=\"submit\"><span class=\"gform_submit_button__text\">Submit Now<\/span><\/button> <input type='hidden' name='gform_ajax' value='form_id=2453&amp;title=&amp;description=&amp;tabindex=0&amp;theme=gravity-theme&amp;hash=ec2463697d0d9cef7b71236ae60964c7' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submission_method' data-js='gform_submission_method_2453' value='iframe' \/>\n            <input type='hidden' class='gform_hidden' name='gform_theme' data-js='gform_theme_2453' id='gform_theme_2453' value='gravity-theme' \/>\n            <input type='hidden' class='gform_hidden' name='gform_style_settings' data-js='gform_style_settings_2453' id='gform_style_settings_2453' value='' \/>\n            <input type='hidden' class='gform_hidden' name='is_submit_2453' value='1' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submit' value='2453' \/>\n            \n            <input type='hidden' class='gform_hidden' name='gform_currency' data-currency='GBP' value='hn+\/f6u0pXT+lKglqc50bHB+u5E3Kcyq5IuVfNBTGKY0Z8\/5pXvaj3A\/3Wiqcen57fOmLRtkS6qMrlHTU6TNmNFpGiOE827G3Xg+CfIjgyxxzzQ=' \/>\n            <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' \/>\n            <input type='hidden' class='gform_hidden' name='state_2453' value='WyJ7XCIxNFwiOltcIjIyODY0N2ViMWU3NTcxZjA4YTY4NGJmMDcwMTk3Y2I0XCIsXCJiMzk3YmQ1MDBmMmFjNjk1ODE4MzdmNTBhYTA2MzQ0OFwiLFwiNGYyNGZkZGEwMzlkNDUxMWFhZGE1NGYwZmQwZmNiZTdcIixcIjUyMmJkMDE2M2I2ZmEwOTI3NDZhZjU5YTg0ZmM1NDk5XCIsXCIzODRlNjk1YjQxMTAzMWFiYmQ2ODEyMGYyZWFhMDYyNlwiLFwiYjkzNDcwNTE2MjkxOGRjZWViMjQzNzRjNmE0NGVmNTlcIixcIjQxMTliODZhMzVjYzJiMWViNDZiMmQ4NjRlNGUzZmNjXCJdfSIsIjQ3MjNiMzA2ZDIyZGVkODA2N2YyMjYyOThkYzI1ODVmIl0=' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_target_page_number_2453' id='gform_target_page_number_2453' value='0' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_source_page_number_2453' id='gform_source_page_number_2453' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div>\n\t\t                <iframe style='display:none;width:0px;height:0px;' src='about:blank' name='gform_ajax_frame_2453' id='gform_ajax_frame_2453' title='This iframe contains the logic required to handle Ajax powered Gravity Forms.'><\/iframe>\n\t\t                <script>\ngform.initializeOnLoaded( function() {gformInitSpinner( 2453, 'https:\/\/legalvision.co.uk\/wp-content\/themes\/legalv-v6\/img\/spinner.svg', true );jQuery('#gform_ajax_frame_2453').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_2453');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_2453').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){form_content.find('form').css('opacity', 0);jQuery('#gform_wrapper_2453').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_2453').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_2453').removeClass('gform_validation_error');}setTimeout( function() { \/* delay the scroll by 50 milliseconds to fix a bug in chrome *\/ jQuery(document).scrollTop(jQuery('#gform_wrapper_2453').offset().top - mt); }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_2453').val();gformInitSpinner( 2453, 'https:\/\/legalvision.co.uk\/wp-content\/themes\/legalv-v6\/img\/spinner.svg', true );jQuery(document).trigger('gform_page_loaded', [2453, current_page]);window['gf_submitting_2453'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}jQuery('#gform_wrapper_2453').replaceWith(confirmation_content);jQuery(document).scrollTop(jQuery('#gf_2453').offset().top - mt);jQuery(document).trigger('gform_confirmation_loaded', [2453]);window['gf_submitting_2453'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_2453').text());}else{jQuery('#gform_2453').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger(\"gform_pre_post_render\", [{ formId: \"2453\", currentPage: \"current_page\", abort: function() { this.preventDefault(); } }]);        if (event && event.defaultPrevented) {                return;        }        const gformWrapperDiv = document.getElementById( \"gform_wrapper_2453\" );        if ( gformWrapperDiv ) {            const visibilitySpan = document.createElement( \"span\" );            visibilitySpan.id = \"gform_visibility_test_2453\";            gformWrapperDiv.insertAdjacentElement( \"afterend\", visibilitySpan );        }        const visibilityTestDiv = document.getElementById( \"gform_visibility_test_2453\" );        let postRenderFired = false;        function triggerPostRender() {            if ( postRenderFired ) {                return;            }            postRenderFired = true;            gform.core.triggerPostRenderEvents( 2453, current_page );            if ( visibilityTestDiv ) {                visibilityTestDiv.parentNode.removeChild( visibilityTestDiv );            }        }        function debounce( func, wait, immediate ) {            var timeout;            return function() {                var context = this, args = arguments;                var later = function() {                    timeout = null;                    if ( !immediate ) func.apply( context, args );                };                var callNow = immediate && !timeout;                clearTimeout( timeout );                timeout = setTimeout( later, wait );                if ( callNow ) func.apply( context, args );            };        }        const debouncedTriggerPostRender = debounce( function() {            triggerPostRender();        }, 200 );        if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) {            const observer = new MutationObserver( ( mutations ) => {                mutations.forEach( ( mutation ) => {                    if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) {                        debouncedTriggerPostRender();                        observer.disconnect();                    }                });            });            observer.observe( document.body, {                attributes: true,                childList: false,                subtree: true,                attributeFilter: [ 'style', 'class' ],            });        } else {            triggerPostRender();        }    } );} );\n<\/script>\n<\/div>\n<\/div>\n<div id=\"content-next\"><!-- scroll anchor --><\/div>\n<h2 class=\"wp-block-heading\">Market Conditions<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Market timing can significantly impact your business valuation. Economic cycles, industry trends, and buyer appetite all influence what purchasers are willing to pay.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>current market trends in your industry;<\/li>\n\n\n\n<li>competitor activities and any trends in their behaviour;<\/li>\n\n\n\n<li>availability of financing for potential buyers; and<\/li>\n\n\n\n<li>regulatory changes that might affect your industry.;<\/li>\n<\/ul>\n\n\n\n<div  class=\"box box--icon box--info\">\n    <p class=\"font-claude-response-body break-words whitespace-normal\"><strong>Key Statistics<\/strong><\/p>\n<ol>\n<li><strong>18%:<\/strong> Business Asset Disposal Relief now charges capital gains tax at 18% on qualifying business disposals made on or after 6 April 2026, up from 14% in the prior tax year and 10% before April 2025.<\/li>\n<li><strong>2.9 million:<\/strong> There were around 2.9 million active businesses in the UK in 2024, the pool of owners who may eventually plan an exit.<\/li>\n<li><strong>1 million pounds:<\/strong> Business Asset Disposal Relief is capped at a lifetime limit of 1 million pounds of qualifying gains, so the reduced rate does not apply above that threshold.<\/li>\n<\/ol>\n<p class=\"font-claude-response-body break-words whitespace-normal\"><strong>Sources<\/strong><\/p>\n<ul>\n<li>HM Revenue and Customs, &#8220;Changes to the rates of Capital Gains Tax&#8221;, 2025<\/li>\n<li>Office for National Statistics, &#8220;Business demography, UK: 2024&#8221;<\/li>\n<li>HM Revenue and Customs, &#8220;Business Asset Disposal Relief: Eligibility&#8221;<\/li>\n<\/ul>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Exit Options<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Different exit strategies will suit different circumstances and objectives.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Asset Sale<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/legalvision.co.uk\/business-sale-purchase\/key-points-asset-sale\/\">In an asset sale<\/a>, you sell all the business&#8217; assets (such as equipment, inventory, and customer contracts) but retain the company&#8217;s shell. This means you are not passing on any hidden debts or legal problems to the buyer. It is often cleaner and safer for the buyer, but the tax treatment can be more complex.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, you will still need to consider other factors, such as maintaining confidentiality during negotiations and addressing employee concerns. If you have employees, they are typically transferred to the buyer upon completion, in accordance with employment laws. It is a good idea to consult with an employment lawyer who can advise you on whether the relevant laws apply and whether the employees will be eligible for transfer. Failure to comply with these laws can lead to potential claims from employees.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Share Sale<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">On the other hand, <a href=\"https:\/\/legalvision.co.uk\/corporations\/difference-share-asset-sale\/\">you might decide that you want to sell the entire company, not just certain assets<\/a>. The buyer assumes responsibility for everything in this arrangement &#8211; the good and the bad. This involves selling all the company&#8217;s shares. Because of this, the buyer will want to conduct due diligence on the company to perform thorough checks, as they are taking on all debts and liabilities.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Buyers often have their own preferences over how they would like to purchase a business. Individual buyers purchasing their first business usually prefer asset purchases because they can pick and choose what they are taking on. Corporate buyers or competitors might prefer share purchases because they want everything, including the company&#8217;s trading history and relationships.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Tax on Your Exit<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">How you structure your exit affects the tax you pay, so factor this in early. When you sell shares in your company, you may qualify for Business Asset Disposal Relief. This relief charges capital gains tax at a reduced rate on qualifying gains, up to a lifetime limit of 1 million pounds. <\/p>\n\n\n\n<div  class=\"box box--icon box--info\">\n    <p>The rate has been rising. For disposals made on or after 6 April 2026, it is 18%. In the previous tax year it was 14%, and before 6 April 2025 it was 10%. This means the timing of your sale can change your tax bill, even on the same price.<\/p>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">An asset sale and a share sale are taxed differently. In an asset sale, the company is taxed on the disposal, and you are then taxed again when you extract the proceeds. A share sale is usually taxed once, in your hands. Speak to a tax adviser before you commit to a structure, because the right choice depends on your circumstances.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Buyers Look For<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Regardless of whether you are selling assets or shares, buyers will want to thoroughly examine your business before completing the purchase. This process, known as due diligence, involves them reviewing your financial records, contracts, legal compliance, and other key documents.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For asset sales, buyers focus heavily on the specific assets they are purchasing. They will want detailed lists of equipment, inventory levels, and customer or supplier contracts. They will also examine which liabilities, if any, they may be assuming as part of the asset purchase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Common issues that can derail transactions include poor financial records, undisclosed liabilities, key customer contracts that cannot be transferred, employment disputes, or regulatory compliance problems. Preparing these areas well in advance of any sale discussions can significantly improve your chances of completing a successful transaction.<\/p>\n\n\n\n<div  class=\"box box--icon box--info\">\n    <p>For both types of business sales, the upside is that you typically get paid quickly, and the deal structure (depending on the specific circumstances) can be straightforward. However, there are several moving parts in the transaction that require specific advice from leasing, corporate, commercial, and employment lawyers. No business sale is the same.<\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Preparing Your Business for Exit<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Preparing your business for sale requires months of meticulous preparation to achieve the best possible outcome.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Getting Your Finances in Order<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Buyers will scrutinise your financial records thoroughly, so start by ensuring your bookkeeping is accurate and up-to-date.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you have been mixing personal and business expenses or keeping casual records, clean this up now.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Address any outstanding tax issues or HMRC queries before they become deal-breakers that could delay or derail your sale.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Legal Housekeeping<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Review all contracts to ensure they are current and transferable to new owners.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/legalvision.co.uk\/intellectual-property\/the-importance-of-protecting-your-intellectual-property\/\">Protect your intellectual property<\/a> by registering trademarks or patents where appropriate, and address any outstanding disputes promptly before they escalate into expensive problems.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Resolve any ongoing legal or regulatory issues that could concern buyers, including employment disputes, health and safety concerns, or compliance problems. It is better to handle these matters yourself rather than giving buyers reasons to reduce their offers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Organising Your Documents<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Having everything organised in advance makes the sales process smoother and demonstrates professionalism on your end. Keep your corporate documents up to date, including company registers and filings with Companies House. <a href=\"https:\/\/legalvision.co.uk\/commercial-contracts\/review-commercial-agreements\/\">Organise your commercial agreements<\/a> into accessible files, including customer contracts, supplier agreements, employment contracts, and property leases.<\/p>\n\n\n    <div class=\"my-7 lg:my-10 border-y-2 border-gray-100 py-7 lg:py-10 flex flex-col sm:flex-row items-start gap-10\">\n                    <img decoding=\"async\" class=\"w-52 mx-auto my-0! rounded\" src=\"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2024\/03\/07052925\/selling-UK-business-cover.png\" alt=\"Front page of publication\"\n                 loading=\"lazy\" width=\"208\" height=\"298\">\n                <section>\n            <div class=\"text-2xl font-bold\">Selling Your UK Business Factsheet<\/div>\n            <div class=\"body-text\">\n                <p>Selling your business involves a number of moving parts. This fact sheet will provide an overview of the sale of business process and<br \/>\nthe documents you need to make an effective sale. <\/p>\n            <\/div>\n            \n\n<a href=\"https:\/\/img.legalvision.co.uk\/wp-content\/uploads\/sites\/4\/2024\/03\/07052926\/Selling-UK-Business-Factsheet.pdf\" class=\" block px-5 py-3.5 max-w-fit bg-orange button__hover transition rounded text-white font-bold text-lg no-underline uppercase leading-tight text-center\" target=\"\" rel=\"\">Download Now<\/a>        <\/section>\n    <\/div>\n\n\n\n\n<h2 class=\"wp-block-heading\">Key Takeaways<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The businesses that achieve the best sales outcomes address potential issues early and work with experienced advisors throughout the process. Market conditions and circumstances can change, but remaining prepared for a potential exit in the future will make saying goodbye to your business much easier.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you need help with your exit strategy, our experienced <a href=\"https:\/\/legalvision.co.uk\/business-sale-purchase-lawyers-lp\">business sale and purchase lawyers<\/a> can assist as part of our LegalVision membership. For a low monthly fee, you will have unlimited access to solicitors to answer your questions and draft and review your documents. Call us today on <a href=\"tel:+448081968584\" class=\"AVANSERnumber dynamic-number\">0808 196 8584<\/a> or visit our<a href=\"https:\/\/legalvision.co.uk\/membership\/\"> membership page<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What is the difference between an asset sale and a share sale?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In an asset sale, you sell specific assets such as equipment, stock, and contracts, while keeping the company itself. In a share sale, you sell the company&#8217;s shares, so the buyer takes on the entire business, including its debts and liabilities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What is due diligence when selling a business?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Due diligence is the process where a buyer reviews and verifies information about your business before completing the purchase. It usually covers your financial records, contracts, legal title, assets, and liabilities. Strong, organised records help the process run smoothly and reduce the risk of price reductions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What happens to my employees when I sell my business?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Under TUPE, employees usually transfer automatically to the buyer on their existing terms. You cannot choose which employees transfer. You must inform and consult affected employees before the transfer, and failing to do so can lead to claims of up to 13 weeks&#8217; pay per employee.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What legal documents do I need to sell my UK business?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The documents depend on the deal, but most sales involve a confidentiality agreement, a heads of terms or letter of intent, and a sale and purchase agreement. Asset sales and share sales each need different supporting documents, so legal advice helps you prepare the right set.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An exit strategy is your plan for leaving your business, whether by selling, passing it to management, or transferring it to family. For UK owners, the structure matters: an asset sale and a share sale carry different tax and liability consequences, and Business Asset Disposal Relief through HMRC now applies at a higher rate. Buyers<a href=\"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/\">Continue reading <span class=\"sr-only\">&#8220;Crafting Your Exit Strategy: Essential Considerations for Business Owners&#8221;<\/span><\/a><\/p>\n","protected":false},"author":13458,"featured_media":191813,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","editor_notices":[],"footnotes":""},"categories":[28,29],"tags":[20,1849,1955,1971],"class_list":["post-194139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporations","category-business-sale-purchase","tag-small-business","tag-exit-strategy","tag-selling-business","tag-business-owners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crafting Your Exit Strategy: Essential Considerations | LegalVision UK<\/title>\n<meta name=\"description\" content=\"An exit strategy guide for UK business owners: how to time your sale, choose between an asset or share sale and due diligence.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crafting Your Exit Strategy: Essential Considerations | LegalVision UK\" \/>\n<meta property=\"og:description\" content=\"An exit strategy guide for UK business owners: how to time your sale, choose between an asset or share sale and due diligence.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"LegalVision UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LegalVision\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-17T02:49:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-17T05:40:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2024\/12\/06043537\/pexels-divinetechygirl-1181619-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1709\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Malaikah Khattak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LegalVision_law\" \/>\n<meta name=\"twitter:site\" content=\"@LegalVision_law\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Malaikah Khattak\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/\"},\"author\":{\"name\":\"Malaikah Khattak\",\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/#\\\/schema\\\/person\\\/6bfeae4983ff2a2a487f1925d659dd03\"},\"headline\":\"Crafting Your Exit Strategy: Essential Considerations for Business Owners\",\"datePublished\":\"2025-07-17T02:49:01+00:00\",\"dateModified\":\"2026-06-17T05:40:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/\"},\"wordCount\":1319,\"image\":{\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/img.legalvision.com.au\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2024\\\/12\\\/06043537\\\/pexels-divinetechygirl-1181619-scaled.jpg\",\"keywords\":[\"small business\",\"exit strategy\",\"selling business\",\"business owners\"],\"articleSection\":[\"Corporate Articles\",\"Business Sale and Purchase Articles\"],\"inLanguage\":\"en-GB\",\"publisher\":{\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/\",\"url\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/\",\"name\":\"Crafting Your Exit Strategy: Essential Considerations | LegalVision UK\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/img.legalvision.com.au\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2024\\\/12\\\/06043537\\\/pexels-divinetechygirl-1181619-scaled.jpg\",\"datePublished\":\"2025-07-17T02:49:01+00:00\",\"dateModified\":\"2026-06-17T05:40:55+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/#\\\/schema\\\/person\\\/6bfeae4983ff2a2a487f1925d659dd03\"},\"description\":\"An exit strategy guide for UK business owners: how to time your sale, choose between an asset or share sale and due diligence.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/#primaryimage\",\"url\":\"https:\\\/\\\/img.legalvision.com.au\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2024\\\/12\\\/06043537\\\/pexels-divinetechygirl-1181619-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/img.legalvision.com.au\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2024\\\/12\\\/06043537\\\/pexels-divinetechygirl-1181619-scaled.jpg\",\"width\":2560,\"height\":1709,\"caption\":\"Do I Need Public Liability Insurance? | LegalVision UK\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/business-sale-purchase\\\/crafting-exit-strategy\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/legalvision.co.uk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business Sale and Purchase Articles\",\"item\":\"https:\\\/\\\/legalvision.co.uk\\\/category\\\/business-sale-purchase\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Crafting Your Exit Strategy: Essential Considerations for Business Owners\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/#website\",\"url\":\"https:\\\/\\\/legalvision.co.uk\\\/\",\"name\":\"LegalVision UK\",\"description\":\"LegalVision is a commercial law firm in the UK with a commitment to innovation\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/legalvision.co.uk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/#\\\/schema\\\/person\\\/6bfeae4983ff2a2a487f1925d659dd03\",\"name\":\"Malaikah Khattak\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/legalvision.co.uk\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2024\\\/04\\\/Malaikah-2534-scaled-e1714435302352-96x96.jpg\",\"url\":\"https:\\\/\\\/legalvision.co.uk\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2024\\\/04\\\/Malaikah-2534-scaled-e1714435302352-96x96.jpg\",\"contentUrl\":\"https:\\\/\\\/legalvision.co.uk\\\/wp-content\\\/uploads\\\/sites\\\/4\\\/2024\\\/04\\\/Malaikah-2534-scaled-e1714435302352-96x96.jpg\",\"caption\":\"Malaikah Khattak\"},\"description\":\"Malaikah is an Associate at LegalVision within the Corporate and Commercial team. She assists on a broad range of Commercial Contract matters, as well as Corporate matters.\",\"url\":\"https:\\\/\\\/legalvision.co.uk\\\/author\\\/malaikahkhattak\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Crafting Your Exit Strategy: Essential Considerations | LegalVision UK","description":"An exit strategy guide for UK business owners: how to time your sale, choose between an asset or share sale and due diligence.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/","og_locale":"en_GB","og_type":"article","og_title":"Crafting Your Exit Strategy: Essential Considerations | LegalVision UK","og_description":"An exit strategy guide for UK business owners: how to time your sale, choose between an asset or share sale and due diligence.","og_url":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/","og_site_name":"LegalVision UK","article_publisher":"https:\/\/www.facebook.com\/LegalVision","article_published_time":"2025-07-17T02:49:01+00:00","article_modified_time":"2026-06-17T05:40:55+00:00","og_image":[{"width":2560,"height":1709,"url":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2024\/12\/06043537\/pexels-divinetechygirl-1181619-scaled.jpg","type":"image\/jpeg"}],"author":"Malaikah Khattak","twitter_card":"summary_large_image","twitter_creator":"@LegalVision_law","twitter_site":"@LegalVision_law","twitter_misc":{"Written by":"Malaikah Khattak","Estimated reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/#article","isPartOf":{"@id":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/"},"author":{"name":"Malaikah Khattak","@id":"https:\/\/legalvision.co.uk\/#\/schema\/person\/6bfeae4983ff2a2a487f1925d659dd03"},"headline":"Crafting Your Exit Strategy: Essential Considerations for Business Owners","datePublished":"2025-07-17T02:49:01+00:00","dateModified":"2026-06-17T05:40:55+00:00","mainEntityOfPage":{"@id":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/"},"wordCount":1319,"image":{"@id":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2024\/12\/06043537\/pexels-divinetechygirl-1181619-scaled.jpg","keywords":["small business","exit strategy","selling business","business owners"],"articleSection":["Corporate Articles","Business Sale and Purchase Articles"],"inLanguage":"en-GB","publisher":{"@id":"https:\/\/legalvision.co.uk\/#organization"}},{"@type":"WebPage","@id":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/","url":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/","name":"Crafting Your Exit Strategy: Essential Considerations | LegalVision UK","isPartOf":{"@id":"https:\/\/legalvision.co.uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/#primaryimage"},"image":{"@id":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2024\/12\/06043537\/pexels-divinetechygirl-1181619-scaled.jpg","datePublished":"2025-07-17T02:49:01+00:00","dateModified":"2026-06-17T05:40:55+00:00","author":{"@id":"https:\/\/legalvision.co.uk\/#\/schema\/person\/6bfeae4983ff2a2a487f1925d659dd03"},"description":"An exit strategy guide for UK business owners: how to time your sale, choose between an asset or share sale and due diligence.","breadcrumb":{"@id":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/#primaryimage","url":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2024\/12\/06043537\/pexels-divinetechygirl-1181619-scaled.jpg","contentUrl":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2024\/12\/06043537\/pexels-divinetechygirl-1181619-scaled.jpg","width":2560,"height":1709,"caption":"Do I Need Public Liability Insurance? | LegalVision UK"},{"@type":"BreadcrumbList","@id":"https:\/\/legalvision.co.uk\/business-sale-purchase\/crafting-exit-strategy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/legalvision.co.uk\/"},{"@type":"ListItem","position":2,"name":"Business Sale and Purchase Articles","item":"https:\/\/legalvision.co.uk\/category\/business-sale-purchase\/"},{"@type":"ListItem","position":3,"name":"Crafting Your Exit Strategy: Essential Considerations for Business Owners"}]},{"@type":"WebSite","@id":"https:\/\/legalvision.co.uk\/#website","url":"https:\/\/legalvision.co.uk\/","name":"LegalVision UK","description":"LegalVision is a commercial law firm in the UK with a commitment to innovation","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/legalvision.co.uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/legalvision.co.uk\/#\/schema\/person\/6bfeae4983ff2a2a487f1925d659dd03","name":"Malaikah Khattak","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/legalvision.co.uk\/wp-content\/uploads\/sites\/4\/2024\/04\/Malaikah-2534-scaled-e1714435302352-96x96.jpg","url":"https:\/\/legalvision.co.uk\/wp-content\/uploads\/sites\/4\/2024\/04\/Malaikah-2534-scaled-e1714435302352-96x96.jpg","contentUrl":"https:\/\/legalvision.co.uk\/wp-content\/uploads\/sites\/4\/2024\/04\/Malaikah-2534-scaled-e1714435302352-96x96.jpg","caption":"Malaikah Khattak"},"description":"Malaikah is an Associate at LegalVision within the Corporate and Commercial team. She assists on a broad range of Commercial Contract matters, as well as Corporate matters.","url":"https:\/\/legalvision.co.uk\/author\/malaikahkhattak\/"}]}},"_links":{"self":[{"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/posts\/194139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/users\/13458"}],"replies":[{"embeddable":true,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/comments?post=194139"}],"version-history":[{"count":3,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/posts\/194139\/revisions"}],"predecessor-version":[{"id":198434,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/posts\/194139\/revisions\/198434"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/media\/191813"}],"wp:attachment":[{"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/media?parent=194139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/categories?post=194139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/tags?post=194139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}