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Franchise fees and royalties
Initial franchise fees help recover development and marketing costs while continuing royalties or mark-ups provide your profit.
Potential problems when buying a business
Be aware of potential issues that may affect your purchase of an existing business.
Preparing to sell your business
Options for selling your business, making it attractive to purchasers and finding advisers.
Streamline your business operations when selling your business
Steps that reduce the risk for potential buyers of your business and can increase the price they are willing to pay.
Is selling my business the right exit strategy?
How your objectives as the owner and manager, and for the business itself can help determine the best exit route.
Advantages and disadvantages of selling your business
There can be benefits to selling your business but you should also be aware of potential disadvantages.
Choosing advisers when selling your business
The role of accountants, solicitors and corporate finance advisers in the sale of your business and how they charge.
Ways to sell your business
Options for selling your business - partial sale, selling in instalments, sale of assets, sale to an equity buyer.
Get ready to sell your business
Negotiating the sale of your business, assessing offers and understanding the legal and tax implications.
Franchise your business
Growing your business by working with independent franchisees.
Consider your exit strategy when starting up a business
Why you should have an exit strategy for your business and the options available.
Marketing your franchise opportunity
Deciding who you want to franchise with and how to advertise and promote your business to attract potential franchisees.
Stopping self-employment
What you need to do and who to contact at HM Revenue & Customs when you stop being self-employed.
Advantages of having an exit strategy for your business
How planning your exit helps you get your business in shape and helps you realise the maximum value from it.
Business exit strategy: family succession
Passing or selling your business to a family member - developing a successor and keeping your options open.
Business exit strategy: the exit process
Key options for the exit process most appropriate for you and your business.
Is family succession the right option?
Analysing emotional, commercial and financial issues to find the best exit strategy from a family business.
Identify a potential family successor
Assessing the skills and aptitude and checking the commitment of potential future managers of your family business.
Manage the family succession process
Writing and communicating a plan, setting out goals and key stages for transfer of control to a family successor.
One family successor or more?
Benefits of passing a family business to a single individual - and how to make financial provision for the others.