Tag Archives: Business exit planning

Disposing of your Business – Company Liquidation

We have to give CJ Stander a mention. He announced his retirement in a dignified and understated manner. He could continue to play for another few years and earn great money. But for him, it isn’t about the money but a desire to return to his family in South Africa. Us ordinary Joes view the

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

Options To Exit My Business – Part 1

It’s a nice calm day in Tramore. Although there is a lonely wave or two creeping over the prom wall. Waiting to engulf an unsuspecting passerby. The Metalman is visible and surveying the bay for early morning swimmers. All that is missing is a whistle and a warning light to assume the role of an

Business Owners – Tax Tips for 2021

We are almost there where we can say goodbye to one of the worst months ever. Adios January we won’t miss you. Apart from the extension to level 5 until March let’s hope that February will be a better month. We need to get the small ones back to school and if we can continue

Passing on the family business – Part 2

We are back after taking 2 weeks off and we hope you enjoyed your holidays. In our most recent blog, we looked at passing on the family business. We discussed how important it was to get a proper valuation of your company. We then went on to look at an example of a way to

Passing on the family business – Part 1

Last week we spoke about some tax tips when purchasing a buy to let property. If you didn’t get a chance to read that click here. This week the inspiration for our blog is a conversation we had. It was with a potential client about passing on his business to the next generation. What struck

Planning to Exit – Don’t forget Termination Payments

These are also called “golden handshakes” or ex-gratia lump sums. It is an area that can sometimes be forgotten by accountants when advising their clients and can be useful as part of the overall planning exercise when an employee or company director is ceasing employment. This could be at retirement, on a business sale or

The Business Sale Journey

The Business Sale

Great to see the Deise Hurlers back to winning ways after the very disappointing 2019 season……..hopefully this will help to balance the Kilkenny / Waterford internal office banter J. It was a long 2019!!!! The Business Sale The sale of any business is not something that happens overnight. It is a journey and in some

Business Exit Planning – Share buyback

We are back with our blog series on business exit planning on what is a gorgeous sunny day out there, even though it is a Monday. Elections are over and while we know most of the people that got in we are still waiting on the results of the European and mayoral one. Never do

Business Exit Planning – Retirement Relief

This relief applies on the disposal of your business assets once you are over 55 provided certain conditions are met. There are two different reliefs, one on the disposal of business assets outside of your family and the other on the disposal of assets to family members. Despite the name of the relief there is