Why consider restructuring as part of your exit planning?
If your company structure is complicated, it may be worthwhile 'tidying up' your business model well in advance of your exit and succession. You may want to look at merging parts of the group for simplicity before a business sale or split off assets such as property prior to sale.
Exit planning can be complex and reviewing your business structure as part of your exit planning ensures you will be in the best position both commercially and from a tax perspective when you begin your exit process.
Examples of reasons to restructure:
Sell the trading company, but retain revenues in the holding company.
Sell the trading business but retain the business premises in the holding company.
Splitting the business between different family members.
Splitting divisions between your management team.
Reorganising shares to retain and secure key management team members.
