RITM0124525_Once in a lifetime_190x275_v7 copy.pdf 2 11/10/2024 15:49 RITM0124525_Once in a lifetime_190x275_v7 copy.pdf 2 11/10/2024 15:49
Sale or succession? A once in a lifetime opportunity for family business owners One of the most difficult decisions as a family business owner is deciding and agreeing the right next step for the business and the family. Do you hand the reins to the next generation, or sell your business to the management team or a third party? Whatever your choice, the process can be challenging, with financial, emotional and practical considerations. One of the most difficult decisions as a family business owner is deciding and agreeing the right next step for the business and the family. Do you hand the reins to the next generation, or sell your business to the management team or a third party? Whatever your choice, the process can be challenging, with financial, emotional and practical considerations. One of the most difficult decisions as a family business owner is deciding and agreeing the right next step for the business and the family. Do you hand the reins to the next generation, or sell your business to the management team or a third party? Whatever your choice, the process can be challenging, with financial, emotional and practical considerations. Sale or succession? A once in a lifetime opportunity for family business owners A once in a lifetime opportunity for family business owners
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of UK family businesses say protecting the business as the most important family asset is the key long-term personal goal 93 % want to ensure the business stays in the family 53 % are looking to sell 47 % are looking to sell 47 % are looking to sell of UK family businesses say protecting the business as the most important family asset is the key long-term personal goal 93 % want to ensure the business stays in the family 53 % of UK family businesses say protecting the business as the most important family asset is the key long-term personal goal want to ensure the business stays in the family
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Emma Suchland Partner, Tax - UK Head of Private Business emma.k.suchland@pwc.com Emma Suchland Partner, Tax - UK Head of Private Business emma.k.suchland@pwc.com Emma Suchland Partner, Tax - UK Head of Private Business emma.k.suchland@pwc.com
There are so many things to think about when planning the next phase for your family business that it can be easy to feel overwhelmed. If you decide to sell, how do you work out what your business is worth? Or if you’re preparing the next generation to take the lead, how can you support them in transitioning to the role and successfully building on your legacy? Working with many family businesses, our team understands the unique challenges owners face, and our insights into family dynamics mean that we’re uniquely positioned to support them in navigating this once in a lifetime opportunity. We want to help you make the right decision for your family and your business, and support you on whichever path you choose. support them in navigating this once in a lifetime opportunity. We want to help you make the right decision for your family and your business, and support you on whichever path you choose. Working with many family businesses, our team understands the unique challenges owners face, and our insights into family dynamics mean that we’re uniquely positioned to *PwC’s 2023 Family Business Survey support them in navigating this once in a lifetime opportunity. We want to help you make the right decision for your family and your business, and support you on whichever path you choose. There are so many things to think about when planning the next phase for your family business that it can be easy to feel overwhelmed. If you decide to sell, how do you work out what your business is worth? Or if you’re preparing the next generation to take the lead, how can you support them in transitioning to the role and successfully building on your legacy? There are so many things to think about when planning the next phase for your family business that it can be easy to feel overwhelmed. If you decide to sell, how do you work out what your business is worth? Or if you’re preparing the next generation to take the lead, how can you support them in transitioning to the role and successfully building on your legacy? Working with many family businesses, our team understands the unique challenges owners face, and our insights into family dynamics mean that we’re uniquely positioned to
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Sarah Middleton Partner, Valuations - Private Client and Family Leader sarah.middleton@pwc.com Client and Family Leader sarah.middleton@pwc.com Client and Family Leader sarah.middleton@pwc.com Sarah Middleton Partner, Valuations - Private Sarah Middleton Partner, Valuations - Private
Tim Armstrong Partner, Corporate Finance - Private Business Leader tim.a.armstrong@pwc.com Tim Armstrong Partner, Corporate Finance - Private Business Leader tim.a.armstrong@pwc.com Tim Armstrong Partner, Corporate Finance - Private Business Leader tim.a.armstrong@pwc.com
*PwC’s 2023 Family Business Survey *PwC’s 2023 Family Business Survey
Scan for our top five considerations on sale or succession © 2024 PricewaterhouseCoopers LLP. All rights reserved. ‘PwC’ refers to the UK member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. RITM0124525 Scan for our top five considerations on sale or succession Scan for our top five considerations on sale or succession
© 2024 PricewaterhouseCoopers LLP. All rights reserved. ‘PwC’ refers to the UK member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. RITM0124525 © 2024 PricewaterhouseCoopers LLP. All rights reserved. ‘PwC’ refers to the UK member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. RITM0124525
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