Category Archives: Business Transfer

Options to exit your company

Options to exit your company

It is a normal question for the exiting shareholder to ask. In the call I had, it was different. It was more to do with the strategy of the business owner and what approach to take. We will look at options to exit your company: The stars The question One solution Another route Tony at

Excess Cash On A Business Transfer

What a great week of weather before the schools go back. The very old [should be in a museum] writer of this hit 49 yesterday. He’s delighted to be still in his 40’s. There will be no mention of birthdays this time next year. A flock of quarrelsome crows was my alarm clock this morning.

Tax Strategy For Your Business – Part 3

Two weeks ago, we looked at a Tax Strategy for a growing business. In case you missed it see here This week we are looking at a Tax strategy for the Directors who want to exit their business. The main points are Exit Plan Meet Reg Look at gifting shares to Megan Paulaid Ltd buying

Management Buy-Out. How Can This Work?

Management Buy Out

Last week we look at Part 2 of the Do’s and Don’ts when exiting a business. In case you missed it click here.  This week we are going to look at a Management Buyout and to see how that can work. The main discussion points will be How to do this The rest of the

Do’s and Don’ts When Exiting Your Business – Part 2

First off, a very well done to all those who organised and participated in the Waterford Marathon. It was virtual of course and especially well done to those that did the full marathon. Not easy when virtual and in the middle of Summer. I got around the half ok and had a nice comfortable, hill

Do’s And Don’ts When Exiting Your Business

I was out for a gentle stroll to keep the legs moving before the Waterford half marathon this weekend. When I say gentle, think barely moving or a fast walk. As one local wag said to me before when I was out running “I thought you did a bit of running” as much as to

Entrepreneurs Relief – Yes And No

Hello there from Tramore. I won’t lie it’s not the sunny southeast today. There are a few blackbirds huddled outside the window here, taking shelter. There are grumblings about the wind, the rain, and the expectation of Summer weather. Waiting to pounce for the rich pickings in the garden below. We took a spin up

Setting Up A Business – Company or Sole Trader?

Good morning all, and dare I say it, but the day is looking positive. Not exactly fry an egg on a stone but there’s some heat in it! It’s fantastic to see a bit of positivity about the place. The vaccines are getting out there and people are very excited to get them. My sister,

An Introduction to Holding Companies In Ireland

It’s a gorgeous day here in Tramore. A bit of a nip in the air but beautiful sunshine. The seagulls seem happier and some early morning walkers are enjoying a stroll on the prom. What a feast of rugby we had last weekend. Some unreal performances from Henshaw, Beirne, Conan, and Sexton to give us

Options To Exit My Business – Part 2

I am meandering my way through Sean Gallagher’s book ‘Secrets to Success’. The book is excellent. The focus is on the success stories of many Irish businesses that we know something about, but not a lot. I recently read about Done Deal. It was set up in 2005 by Fred Karlsson and his wife Geraldine