Selling a company as a sole shareholder and director

Toggle fullscreen Fullscreen button


Do you have a company that’s doing well… and every now and then you’re thinking to

yourself… should I sell my business? Should I be thinking

about selling my business? And, if I did, what would

the process even be? Well, in this video, we’re going to tell

you some of the key considerations that you should be

factoring in. We’ll also look at some of the practical elements of how the process

would actually be undertaken.

So, if you own a company, and you’re thinking of selling it – STOP. Don’t do anything

until you watch this.

Hi there, Nicholas Campion here from 1st Formations with another edition of Whiteboard

Thursday. If you are the sole shareholder and director

of a private limited company, you can sell the business

and all of its assets at any time, if you no longer want to own and manage it. There

are, however, a number of important factors and responsibilities

to take into consideration before you sell your

business. First of all, let’s take a look at some

initial considerations. Most people will only sell a business once

or twice in their lifetime – so it is really not something to

rush into without fully understanding the process, and whether this is the right time

to get the best return for your hard work.

Now, to ensure your business appeals to prospective buyers, you should be able to demonstrate

Unable to open file!